SEBI Mulls Changes to Special Situation Funds to Aid AIFs to Buy Stressed Assets

The market regulator, the Securities and Exchange Board of India (SEBI), has…
RBI

RBI Issues New Norms to Rein in Wilful Defaulters

The Reserve Bank of India (RBI) has proposed the introduction of stringent…

NITI Aayog Suggests Tax Incentives on InvITs Investments

NITI Aayog has suggested that the government provide tax incentives for investment…

Banks Might Face Legal Problems Upon Invoking Personal Guarantees

In May, the Supreme Court permitted invoking personal guarantees concerning corporate debtors.…

Government Extends IBC Suspension by Three Months

The government suspended the Insolvency and Bankruptcy Code (IBC) in June due…

Can a Resolution Corporation Set Failed Financial Firms Straight?

The pandemic has resulted in higher non-performing assets and capital erosion, resulting…

New Facility for IRP/RP to Register on the GST Portal

On 27th May 2020, the government portal introduced a new GST registration…
GST

Firms Under IBC Code Might Get GST Relief, initiated by DoR

The Ministry of Corporate Affairs and Department of Revenue (DoR) representatives have…

FM assures to simplify GST further to boost India’s biz ranking

On Thursday, the Finance Minister (FM) mentioned that initiatives would be undertaken…

Banks Forced to Put Non-Performing Assets for Sale

Banks are asked to put non-performing assets (NPAs) worth Rs.40,000 crore for…