Income tax authorities plan to pursue those who have properties in their name but haven’t ever filed income tax returns on the suspicion that these
GST return filing: Govt extends GST return filing deadline for cos who want to claim credit for past taxes–Economic Times–18.08.2017
There is no clarity on revision of TRAN 1 and there would be interest implications in case of excess credit claim hence, most taxpayers would
Doubling of minimum wages to hit exports, jobs: AEPC–Economic Times–18.08.2017
Minimum wages in the garment industry if doubled to Rs 18,000 per month will jack up costs, hit exports and lead to job losses, a
India China Trade War: Why India must take China’s warning of a trade war seriously–Economic Times–18.08.2017
India has not taken Chinese bullying over Doklam seriously. For the last several weeks, China has been warning of helping insurgents in India, invading border
How to help bankrupt realtor’s customers–Economic Times–18.08.2017
How can home buyers who have made payment in full or in part be given their homes? The assets now belong to the banks. If
India Inc struggles | Business Standard Editorials–18.08.2017
Corporate earnings for the June quarter are nothing to write home about. An insipid 0.3 per cent growth rate, year on year, in the net
Filing a revised tax return is quite easy | Business Standard News–18.08.2017
If you are one of the last-minute filers of income-tax returns, it is quite possible that mistakes have crept in some computation or other. For
Insolvency regulator empowers homebuyers, puts them on a par with creditors | Business Standard News–18.08.2017
The insolvency regulator has brought in a special provision to protect the homebuyers of beleaguered real estate companies such as Jaypee Infratech and Amrapali. The
Consolidation fiasco | Business Standard Editorials–18.08.2017
In May this year, while announcing the bank’s dismal quarterly results for the fourth quarter of 2016-17, State Bank of India (SBI) Chairperson Arundhati Bhattacharya
Time to review banking sector valuations | Business Standard Column–18.08.2017
The Economic Survey Volume 2 makes an interesting point about corporate credit growth. The private sector banks saw credit growth averaging out at around 10-11
India hopes to shoot up in World Bank’s ‘ease of doing business’ ranking | Business Line–18.08.2017
Improved efficiency in granting construction permits, starting a business and resolving insolvency is expected to improve India’s overall ranking in the World Bank’s ‘ease of
Bullion binge | Business Line–18.08.2017
After shrinking to an eight-year low in FY17, India’s bullion import bill is showing signs of bloating again. Latest data from the commerce ministry indicate
Crop insurance falls short of promise | Business Line–18.08.2017
Appala Venkatesh is a farmer owning and farming in 1.25 acres of his land in Laxmapur village of Telangana. By mid-June, he was ready with
18 PSBs among top 20 banks with highest gross NPA ratios: CARE Ratings | Business Line–18.08.2017
Public sector banks are more stressed than their private sector counterparts with the former figuring among the top 20 banks with the highest gross non-performing
Economic growth, inflation may trend higher in next 6-12 months: Nomura | Business Line–18.08.2017
Economic growth and inflation are expected to trend higher in the next 6-12 months and the Reserve Bank is likely to stay on a prolonged
Black money: How note ban showed Modi where exactly to look for black money–Economic Times–17.08.2017
When Prime Minister Narendra Modi banned high-denomination currency bills in a surprise move late last year, authorities noticed a surge in shell companies depositing cash
GST: Here’s how a missing column in GST return form is creating trouble for India Inc–Economic Times–17.08.2017
A top conglomerate may have to shell out a bit extra in advance tax this quarter due to an unusual glitch in the tax returns
Aadhaar card: Around 81 lakh Aadhaar cards deactivated: Here’s how to check if yours is active–Economic Times–17.08.2017
The Unique Identification Authority of India has deactivated close to 81 lakh Aadhaar numbers till date, Minister of State for Electronics and IT, P P
After political dividends, notebandi can also yield economic dividends–S A Aiyar–Economic Times–17.08.2017
The Survey estimates that DM accounted for 0.54 million of the increase. Income taxpayers totalled barely 30 million before Modi came to power. So, the
RBI Governor Urjit Patel pushed 0.25% rate cut, transmission by banks: MPC minutes – The Financial Express–17.08.2017
RBI Governor Urjit Patel had opted for a moderate rate cut of 25 basis points arguing that low food prices were unusual and vulnerable to
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