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The Bankrupty Code is not broken, but it still needs to be fixed

The govt needs to make the Insolvency and Bankruptcy Code speedier, more transparent and hazard-free.

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Dec 16, 2019, 01.48 AM IST

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PROFESSIONAL TAX

50% equity mutual funds underperform their benchmark in 2019

​Though 2019 numbers show some improvement over 2018, the average returns from all the mutual fund categories can still frustrate most mutual fund investors.

Will not hesitate to take measures to protect competitiveness of industries: EU

EU leaders are set to discuss the European Green Deal, a plan...

Government readies plan to push India into top 50 ease of business rankings

The government on Tuesday set out the roadmap to get India to bre...

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  • If you have any mutual fund queries, message on ET Mutual Funds on Facebook. We will get it answered by our panel of experts.

    The academy was founded by the company as a response to train big data technologists to address banks’ digital transformation challenges. The platform will serve as a means to upskill and cross-skill fresh graduates, interns and existing employees, and then deploy them on live projects.

    While there are many corporate debt funds in India, Bharat Bond ETF is unlike any of the previous ones.

    Home Minister Amit Shah at All India Police Science Congress in Lucknow stated that the central university will be set up and colleges will ...

    A number of companies applied for Goods & Services Tax (GST) refund since the introduction of the tax regime, he said, adding a total of 1,86,158 entities have filed 36,42,272 refund applications, out of which 34,46,010 refund applications have been finalised as on December 2.

    Reversal of credit would lead to an increase in cost by anywhere between Rs 200 to Rs 500 crore for banks.

    The officials also found suppressed turnover of about 21 crore involving taxes of about Rs 3 crore, Commercial Taxes Commissioner MS Srikar said in a press release. The officials visited business premises in the guise of customers at SP Road, BVK Iyengar Road, Sultan Pet, Raja Market etc., in Bengaluru and conducted test purchases of goods in 113 premises.

    It processed 2.10 crore tax refund cases for current Assessment Year 2019-20 as on November 28, 2019, compared to 1.75 crore refunds for the same period in FY 2018-19, an increase of 20 per cent. The total amount of refunds issued in FY 2019-20 till Nov 28 was Rs 1.46 lakh cr as compared to Rs 1.19 lakh cr in the same period of the previous year.

    Communications minister Ravi Shankar Prasad informed Rajya Sabha that in order to revive the public sector units BSNL and MTNL, the VRS scheme as initiated by the government has received an encouraging response by 79,000 employees of BSNL and 14,000 out of 20,000 employees of MTNL who have applied for the same.

    The French parliament infuriated the administration of President Donald Trump in July by adopting a law taxing digital firms like Google, Apple, Facebook and Amazon for revenues earned inside the country. Talks to resolve the issue have so far failed, and on Monday Washington threatened to impose tariffs of up to 100% on $2.4 billion in French goods.

    If you have any mutual fund queries, message on ET Mutual Funds on Facebook. We will get it answered by our panel of experts.

    Linking your PAN with Aadhaar is mandatory to file your income tax return. Another thing you to keep in mind is that if your PAN is not linked with Aadhaar by the December 31 deadline, then as per current laws your PAN will become inoperative.

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