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Resolved Under RBI's New Stressed Asset Framework, Says Credit Suisse

Aug 23, 2019

The amount of debt being resolved under the Reserve Bank of India’s new stressed asset framework is close to Rs 2.4 lakh crore, Credit Suisse Group AG estimated in its latest ‘Corporate Debt Tracker’ report.

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The ministry plans to bring CSR spending within the purview of statutory financial audit

Aug 23, 2019

Auditors may soon have to verify the compliance of the Corporate Social Responsibility (CSR) expenditure incurred by the companies during a financial year. The Ministry of Corporate Affairs (MCA) is working on a proposal to make them more accountable by introducing the auditor's view

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Tamil Nadu: New industrial policy to suit GST regime on the anvil - BusinessLine

Aug 16, 2019

  The Tamil Nadu government is in the process of formulating a new industrial policy to suit the present tax regime, a top official in the Industries Department said ...

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GSTN releases e-invoice format, seeks comment from stakeholders - BusinessLine

Aug 14, 2019

  The Goods and Services Tax Network (GSTN) has sought stakeholders' comments on the new e-invoice format, which will be effective January 2020, and will be ...

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Centre may roll out measures to revive growth, stimulate economy - Hindustan Times

Aug 12, 2019

  The government is stitching together a set of measures, including tax cuts and targeted sops, to reverse an economic downturn, three people aware of the ...

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Govt looks to reverse economic slowdown with a stimulus package - Livemint

Aug 11, 2019

  New Delhi: The government is stitching together a set of measures, including tax cuts and targeted sops, to reverse an economic downturn, three people aware ...

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‘Draft policy on logistics ignores express industry’ - The Hindu

Aug 10, 2019

  The draft National Logistics Policy, released by the government earlier this year, has overlooked the role of the express industry (courier and parcel) and air ...

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Central GST: Fake invoices racket busted - BusinessLine

Aug 02, 2019

  Central GST Delhi North Commissionerate has busted a racket of issuance of fake invoices without actual supply of goods and services. Two individuals – Asrar ...

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Fishmeal and oil manufacturers protest retrospective levy of GST - BusinessLine

Aug 02, 2019

  The All India Fishmeal And Oil Manufacturers Association has begun an indefinite strike to protest against the alleged unfair levy of Goods and *Service* Tax with ...

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