The Goods and Services Tax was meant to unify the $2 trillion economy and make it easier for companies to transact across state borders. Nearly a month on, many are finding that doing business is more complicated than ever.
Now buy more as Cabinet raises Sovereign gold bond subscriptions to 4 kg
July 27, 2017
The cabinet committee on economic affairs (CCEA) on Wednesday decided to raise the cap on individual subscription of sovereign gold bonds to 4 kg a year for Hindu undivided family from 500 grams and gave the finance ministry the flexibility to change the design of the scheme whenever it deems fit to make it more attractive.
Sebi may ask companies to keep bourses in loop on defaults
Mumbai, July 26, 2017
The Securities and Exchange Board of India (Sebi) is planning to make it mandatory for listed companies to inform stock exchanges if they fail to make interest and loan installment payments on time in order to ensure greater fiscal discipline and keep shareholders better informed.