Finance Minister Nirmala Sitharaman in her maiden Budget, proposed to levy a tax on buybacks by listed companies. The tax, at 20 per cent, may
Budget 2019-20 must have been somewhat of a dampener for those expecting significant proposals or a roadmap to bring about a resurgence in the beleaguered
The Budget proposes a slew of steps, but endemic concerns remain When IL&FS defaulted on its debt repayments in September 2018, it led to the
With reference to the editorial “Helping MSMEs”(July 8), an important statement in it is “access to low cost finance and problem of locked up working
India’s annual Economic Surveys once pedantic tomes that very few folks read, have received a fresh lease of life in recent years. Chief Economic Advisors
The recent Rs. 3,805-crore scam involving Bhushan Power and Steel unearthed by Punjab National Bank may complicate the acquisition of the company by JSW Steel.
India has made a decent start in its bid to build an ecosystem for insolvency and bankruptcy, but more dividends could be reaped if the
Padmaja Chunduru, Managing Director and CEO, Indian Bank – BusinessLine Public sector Indian Bank on Saturday requested the Insolvency and Bankruptcy Board of India
Full text of the judgment: O R D E R 05.07.2019 The Appellant, one of the ‘Resolution Applicant’ has preferred this appeal against the order dated
Here is why even those high spenders whose taxable income is below the threshold exemption limit of Rs 5 lakh should also file their returns.
For an economy that is undeniably in slowdown mode, it does come as a surprise that the first Budget of the Modi 2.0 government has
Five years ago, when Dr Arvind Subramanian, then Chief Economic Adviser, presented his first Economic Survey (2014-15), he said, “India has reached a sweet spot — rare
Parliament on Monday passed an amendment bill which allows voluntary use of Aadhaar as proof of identity for users to open bank accounts and get mobile
Since the NCLT has allowed recasting of accounts for IL&FS, whether the losses incurred in the recast financial results will be allowed to be carried
The Budget announcement to unveil reforms to promote rental housing is welcome. Rental housing is of paramount importance in rapidly urbanising India. Millions of migrants
Finance minister Nirmala Sitharaman’s Budget speech contains several welcome policy measures to induce an active and thriving corporate bond market. A functional bond market is
A major one in the Budget is the announcement of pension for traders with turnover less than Rs 1.5 crore with a potential to impact
By SajJid Z Chinoy Budget 2019 India: The first Budget of the government’s second term was always going to be a delicate balancing act. The
By Arundhati Bhattacharya Budget 2019 India: A lot was expected of this budget, and the question being hotly debated is how far it came up to expectations.
The Cuttack bench of the National Company Law Tribunal (NCLT) on Monday ordered liquidation of the bankrupt Adhunik Metaliks (AML) after cancelling the resolution plan