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SBI’s pre-Budget report called Ecowrap states expectations based on principles of inclusive growth and meeting the medium term objectives set by the government. According to the report, the budget...
Jan 23, 2018
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The online filing and registration system by the capital market regulator, Sebi, has had a mixed response by the intermediaries.   The system was introduced to usher ease of doing business...
Jan 22, 2018
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The Minister for Finance Arun Jaitley is likely to deliver speech to the boards of Sebi and Reserve Bank of India on February 10, a senior official told PTI.   It is a practice for the finance...
Jan 22, 2018
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The government may tweak income tax slabs and rates in the upcoming Budget 2018, though it will not make any changes in the current taxation of dividends, a survey by EY has revealed.   The tax...
Jan 22, 2018
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The time for Sebi’s online filing and registration process for intermediaries to usher in ease of business has doubled or trebled as against the earlier timeline of a month. This is due to...
Jan 22, 2018
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The government is likely to bring the composition scheme under the reverse charge mechanism right away due to apparent GST evasion. The government will move an amendment to the GST law in the...
Jan 22, 2018
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The implementation of Indian Accounting Standards (IndAS) for banks may be postponed by the government and RBI because of the legislative changes and additional capital requirements of the process...
Jan 22, 2018
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The EU, Japan and the US have objected to India's decision to raise import duties on mobile phones, TVs and projectors.   These countries have lodged a complaint against India at the World...
Jan 19, 2018
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The government will most likely announce incentives to provide stimulus to job creation.   The issue of job creation is one of the focus areas of the government.   The government has been...
Jan 19, 2018
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The department of telecommunications (DoT) might reduce licence fees, spectrum user charges and other charges in the new telecom policy (NTP) to attract investments in the sector, a top official...
Jan 19, 2018
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ICRA’s pre-Budget report has stated that the Budget should provide several policy measures to give a stimulus to the troubled agricultural sector, which in turn would help the cash-starved...
Jan 19, 2018
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“If you want to be a leader, be a bridge” In the VUCA world we inhabit - volatile, uncertain, complex and ambiguous - there is barely any room for convention. Traditions and norms are under attack...
Jan 19, 2018
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A year ago in Oslo Air­port I checked in to an SAS flight. One airline kiosk issued a boarding pass, another punched out a luggage tag, then a computer screen showed me how to attach it and another...
Jan 19, 2018
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“Irrespective of age, we are never tired of recognition, felicitation and encouragement to go further in whatever we have set out to do” —Sindhushree Khullar, Chief Guest, CFONEXT100   The...
Jan 19, 2018
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A quick look at 2017 India’s robust growth trend, coupled with economic and political changes over the previ­ous years, has facilitated Asian growth, making it one of the fastest growing regions in...
Jan 19, 2018
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The telecom regulator Trai is set to hold meeting with firms on January 23 to discuss issues that can form a part of to-do list of 2018.    "We will be meeting the industry on January 23 to...
Jan 18, 2018
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With about 36 companies lined up for asset-sale, the government may increase its divestment target for the next financial year 2018-19.   According to a report by ET, the government has raised...
Jan 18, 2018
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India has the potential to be a $5 trillion economy in the next 8–9 years with the manufacturing sector witnessing 20 per cent growth rate, Union Minister of Commerce and Industries Suresh Prabhu...
Jan 18, 2018
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Price Waterhouse (PW) has petitioned the Securities Appellate Tribunal (SAT) against Sebi's order barring firms in its network from auditing listed entities for two years.   “We have moved SAT...
Jan 18, 2018
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The Group of Ministers (GoM) to look into implementation of information technology for the Goods and Services Tax Network (GSTN) has raised concerns over the rising shortfall in average revenue for...
Jan 18, 2018
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The government is considering increasing foreign investment limits in private banks to 100%, from 74% at present. It is also considering increasing foreign investment cap for public sector banks (...
Jan 17, 2018
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The GST Council will meet on Thursday to ease the compliance burden on companies.    Among many measures include a simpler return form and potentially lower rates on some goods.   The...
Jan 17, 2018
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In its pre-Budget wish list, the stainless steel industry has appealed to the government to do away with import duty on ferro-nickel and stainless steel scrap.   "The government had removed...
Jan 17, 2018
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In order to provide a better picture of the fiscal deficit number, the government might choose nominal gross domestic product (GDP) growth rate of around 12 per cent for 2018-19 in the forthcoming...
Jan 17, 2018
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The need to comply with fair value measurements under Ind-AS has added to the trouble of the already burdened CFOs. The panelists discuss the roles of CFOs in this entire new structure.  
Jan 17, 2018
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The panelists discuss on why corporate India is not much enthusiastic about good governance standards and what can be done to realise it in letter and spirit.  
Jan 17, 2018
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Sebi is looking at whether Tata Sons’ plan of becoming a private limited company from a public one would impact shareholders, especially minority shareholders of listed Tata entities that own...
Jan 17, 2018
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The government will strike off the names of 120,000 more companies from the official records for various non-compliances as part of its fight against black money. Nearly 226,000 companies have...
Jan 17, 2018
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The GST Council is likely to take up rationalisation of rates of about 70 items, of which at least 40 are services. Amendment in rules may also be taken up to simplify filing and plug some of the...
Jan 16, 2018
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Exporters are hopeful that the government would redress their concerns after the Budget.   In a letter to the Union Commerce Ministry, many export bodies have sought refunds of their dues...
Jan 16, 2018
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A data released by the government showed healthy growth of exports, but trade deficit rising to a three-year high on the back of increased imports in December month.   As per data, exports rose...
Jan 16, 2018
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With the government liberalising FDI norms under in single-brand retail, the market share of organised retail in India to rise to about 10 per cent by 2020 as against about 7 per cent last year,...
Jan 16, 2018
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Tax

EY India has said that the Finance Ministry might tax dividend in the hands of shareholders and do away with the dividend distribution tax (DDT) in the Budget.   In its pre-Budget expectations...
Jan 15, 2018
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Tax

  Experts have said that the Finance Ministry may tweak the provisions on Minimum Alternate Tax (MAT) in the Budget to help the industry over come the impact of tax reforms in the US. MAT was...
Jan 15, 2018
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Tax

The Society for Indian Automobile Manufacturers (SIAM) has urged the GST Council to review the highest rate of 28% GST being reviewed on commercial vehicles (CVs). The recommendation comes even as...
Jan 15, 2018
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The country's economic growth will not be “justifiable and equitable” unless the rural sector gets the benefits of it, and that's the reason why the government will lay focus on the agriculture...
Jan 15, 2018
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With Israel Prime Minister Benjamin Netanyahu visiting India along with 130 business delegates, there are hopes that both countries will make major breakthrough to boost trade and businesses in...
Jan 15, 2018
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The rise in the Index of Industrial Production (IIP) indicates a pickup in factory output that has been broad-based and driven by fast-moving consumer goods (FMCG), pharmaceuticals, automotive,...
Jan 15, 2018
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The World Bank has clarified the ease of doing business are based on “hard data” and that the indicators and methodology are not designed keeping any country in mind.   The global financial...
Jan 15, 2018
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The World Economic Forum (WEF) has warned that cybersecurity threats are outpacing the abilities of the governments and companies to overpower them unless there’s cooperation from all stakeholders...
Jan 15, 2018
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Fast-moving consumer goods (FMCG) and information technology (IT) companies are planning to petition the high courts in Delhi and Mumbai, seeking more clarity on the anti-profiteering clause in GST...
Jan 15, 2018
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The Income Tax Department has attached more than 900 properties worth about Rs 35 billion under the Prohibition of Benami Property Transactions Act, which came into force on November 1, 2016. The...
Jan 12, 2018
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Sebi’s ban on Price Waterhouse (PW) has created new auditing opportunities worth over Rs 1 billion for other auditing firms in the country. On Wednesday, Sebi had banned PW from auditing listed...
Jan 12, 2018
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Dividend distribution tax (DDT) might be done away with by the government in the upcoming Union Budget. Sources said that there have been considerable discussions on the topic among various...
Jan 12, 2018
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Financial bidding process for resolution of 12 big stressed accounts will be completed by the end of this month, a top official of the State Bank of India (SBI) told PTI.   Six out of 12 large...
Jan 11, 2018
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Economists and sectoral experts have asked the government to fix agricultural issues, generate jobs, and focus on fiscal consolidation. At a pre-Budget meeting with Prime Minister Narendra Modi,...
Jan 11, 2018
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In order to tap defaulters' assets overseas, India may consider opting for cross-border insolvency, a report by ET said.   The apex committee of Insolvency and Bankruptcy Board of India (IBBI...
Jan 11, 2018
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The taxpayers' base for goods and services tax (GST) is set to cross one crore mark, said an ET report.   "We will have one crore taxpayers in a day or two," a government official was quoted as...
Jan 11, 2018
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Indian economy has enormous growth potential and will regain its status as fastest growing economy in 2018, says the World Bank.   In a report titled "Global Economic Prospects", released on...
Jan 11, 2018
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