GST Council okays single return a month; differences emerge on sugar cess

GST Council okays single return a month; differences emerge on sugar cess Two groups of ministers (GoMs) will deliberate further on these matters and submit their reports in a fortnight The GST Council on Friday approved a simplified return filing framework that would require a taxpayer to file only one return every month against three […]

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SEBI proposes changes to norms governing raising of equity capital

SEBI proposes changes to norms governing raising of equity capital The Sebi has proposed to allow companies to extend the IPO time period from three days without reducing the price band. The Securities and Exchange Board of India (Sebi) on Friday proposed a slew of changes to norms governing raising of equity capital. Among the […]

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India need not worry about rupee fluctuation: ADB

India need not worry about rupee fluctuation: ADB India need not worry much about currency fluctuation at the moment as the country has good accumulation of foreign exchange reserves, but a depreciating rupee could put inflationary pressure on the economy, asian development bank(ADB) chief economist yasuyuki sawada sais on friday. The Business Standard, New Delhi, […]

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SEBI panel proposes stricter norms for RTAs

SEBI panel proposes stricter norms for RTAs A Sebi panel felt that since RTAs manage sensitive investor-related data, there need to be stricter governance rules for the A Securities and Exchange Board of India (Sebi) panel on Friday proposed tighter ownership and governance norms for registrar and transfer agents (RTAs).According to a discussion paper released […]

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India’s initial GDP estimates often underestimate actual growth

India’s initial GDP estimates often underestimate actual growth Advance estimates of GDP are poor at capturing significant turns in the economy and should incorporate other indicators of economic activity The accuracy of India’s official GDP statistics could improve if they make use of high frequency indicators such as vehicle sales, air passenger traffic and foreign […]

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