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Gross non-performing assets (NPA) in Indian banks are expected to rise to Rs 9.5 lakh crore by March, from Rs 8 lakh crore in March

UIN: Quoting UIN on invoice necessary, says FinMin – The Economic Times–23.01.2018

The finance ministry today said quoting of the Unique Identity Number (UIN) on invoice is necessary amid complaints from foreign diplomatic missions and UN bodies

GST: Why Nandan Nilekani solution is workable in face of low compliance – The Financial Express–23.01.2018

Given how revenues from GST have been slowing down over the past few months, and the poor compliance in terms of filing returns, the GST

Towards simplification: Ease of paying GST is a long-pending reform | Business Standard Editorials–23.01.2018

The government continues to tinker with the rates and regulations surrounding the goods and services tax, or GST, which was introduced more than six months

Forced formalisation is not healthy | Business Standard Column–C Rammanohar Reddy–23.01.2018—–*****

For decades, one of the central aims of economic policy in India has been to create conditions for workers to move from low- to high-income

Brief case: Arbitration clause, insurance, PMLA, labour dispute, and more | Business Standard Column–23.01.2018

Under-insurance harms policyholder Those who undervalue their goods and property for saving on premium for general insurance might get into legal complications if they file

Do we need to charge GST on credit notes which are issued on target basis? | Business Standard News–23.01.2018

If employees of a company registered in Delhi receive hotel or lodging services from a hotel or a lodge located in Uttarakhand, what are the

GST law: GST composition scheme may come under reverse charge mechanism to curb evasion – The Economic Times–22.01.2018

Worried by apparent goods and services tax (GST) evasion, India is likely to bring the composition scheme under the reverse charge mechanism right away. The

Economy shifting to non-bank funding–Economic Times–22.01.2018

There is welcome change in India’s financial system. The share of bank credit to the commercial sector has declined of late, arm’s length finance in

Across the aisle: P Chidambaram talks about his ‘celebrating gods neglecting children’ – The Financial Express–22.01.2018—–*****

On March 26, 2017, I had written a column titled ‘Celebrating Gods, Neglecting Children’. I had said “Our idea of human resource development is minus

Towards simplification: Ease of paying GST is a long-pending reform | Business Standard Editorials–22.01.2018

The government continues to tinker with the rates and regulations surrounding the goods and services tax, or GST, which was introduced more than six months

Flip-flopping on government borrowing Business Standard Column–22.01.2018—–*****

In just about three weeks, the Union finance ministry changed its mind on its borrowing programme. On December 27, it announced its plan to borrow

RERA News Items

bad loans: How Insolvency and Bankruptcy Code lays down a robust framework to deal with distressed assets – The Economic Times–21.01.2018—–*****

By Ravi Seth The Insolvency and Bankruptcy Code (IBC) — billed as the biggest economic reform in India after the Goods and Services Tax (GST)

Insolvency and Bankruptcy Code: RBI calls for a need to have online trading platform of bad loans – The Economic Times–21.01.2018—–*****

Reserve Bank of India (RBI) deputy governor, Viral Acharya called for a need to set up online platforn for trading and bidding platform of bad

GST compliance: Easier system in the works but no blunting of anti-evasion tools – The Financial Express–21.01.2018—–*****

The easier returns-filing system being put in place by the Goods and Services Tax (GST) Council may even dispense with the summary return form GSTR

India-ASEAN Summit: Building alliance for competitive SMEs – The Financial Express–21.01.2018

Garima Sahdev & Geethanjali Nataraj New Delhi gets busy next week to host the 10th ASEAN leaders as the chief guests of the Republic Day

RBI’s Acharya moots US-style trading platform for distressed assets | Business Standard News–21.01.2018