Cash CSR donations face GST implications
In fact, even cash donations can have different GST-related consequences.
Consultation process on, govt to come out with more measures to boost economy: FM Nirmala Sitharaman
India's GDP growth dropped to 5% in April-June quarter, lowest in 25 quarters, triggering downgrades in the estimates for the full year.
Suzlon scraps $1.2 billion debt repayment offer as Vestas backs out
The banks are yet to decide on the next steps to recover their dues, one of the people said.
There's scope for more rate cuts: Sanjeev Sanyal
“As long as we have FRBM requirement, we are constraint on what we can do on the fiscal side, irrespective of limitations on states on how much we can expand” said Sanjeev Sanyal.
Naresh Goyal questioned by ED in FEMA violation case
This is the first time the federal agency probing the airline under FEMA is questioning the embattled founder.
Expect jewellery purchase to pick up in Q3: Titan CFO
There has been revival in August and we hope September will be reasonably decent as well.
NBFC industry's credit problems appear to be over: CEA K Subramaniam
Non-bank lenders have seen huge decline in credit growth and a liquidity crunch since the collapse of IL&FS.
Yes Bank, its compliance officer pay Rs 66 lakh to settle case with Sebi
The regulator had initiated proceedings after the lender in February 2019 disseminated a press release on stock exchanges with the title "Divergence in Asset Classification and Provisioning for position as on March 31, 2018."
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ICAI raises concerns over accountant definition; writes to finance ministry
The move comes in post ICAI's counterparts had submitted representations to the government last month requesting for an amendment in the definition of term ‘Accountant’.
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Govt to miss fiscal deficit target despite getting RBI's money: Reuters
The government could toward the end of 2019 be forced to raise the fiscal deficit target to 3.5% of GDP from 3.3%, amid pressure for additional stimulus measures.
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Sebi rejigs primary market advisory panel
Panel has representatives from Sebi, RBI, and finance and corporate affairs ministries.
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NCLAT asks Jet Airways IRP to cooperate with Dutch Court Administrator
Jet Airways is facing insolvency proceedings in the Netherlands and was declared bankrupt in response to a complaint filed by two European creditors.
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India's economy suffers car crash, pain spreads to villages
Nationwide, automakers, component manufacturers and dealers have laid off about 350,000 workers since the start of the year.
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Model Tenancy Act is the need of the hour and a step in the right direction: MagicBricks CFO
The act will address issues of vacant homes lying across the country, increasing convenience and help in reduction of anxiety in the relationship between the tenants and landlords making it easier to rent, exit and stay in a house, which is very much needed for the sector.
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Advent looks to invest Rs 1,300 crore in Birla's financial services business
PE group may pick up 6-7% of Aditya Birla Capital; ABCL board to meet on Thursday to approve fundraising deal.
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