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Net Indirect Tax collections Spurt 12.3% In FY21

Read more about Net Indirect Tax collections Spurt 12.3% In FY21 on Business Standard. The provisional figures for indirect tax collections (GST & non-GST) for the Financial Year 2020-21 show that net revenue collections are at Rs 10.71 lakh crore as compared to 9.54 lakh Crore for the Financial Year 2019-20, thereby registering a
Service Tax Arrears Financial Year Net Indirect Tax Collection Revised Estimates Central Excise Service Tax

Sensex jumps 660 pts, Nifty tops 14,500; banks, autos soar

Read more about Sensex jumps 660 pts, Nifty tops 14,500; banks, autos soar on Business Standard. Key equity indices ended with strong gains on Tuesday, recovering from yesterdays steep selloff. The Nifty managed to close above the 14,500 mark at the days high. Barring IT and pharma, all the sectoral indices on the NSE ended in the green.
United States United Kingdom Noida Uttar Pradesh Baba Saheb Ambedkar Jayanti Sp Dow Jones Axis Bank

Kerala: Probe against ED an attempt to derail probe, says Sitharaman

Union Finance Minister Nirmala Sitharaman on Sunday hit out at the Left government in Kerala and said the move for a judicial inquiry against the Enforcement Directorate (ED), which has been probing the gold smuggling case, was an attempt to derail the probe. Sitharaman, who is here for electioneering, told reporters that those who are afraid of facing the law are unleashing the state police force against the central agencies. "If you are clean, prove it.If you are not, then I am sorry, thi...
Union Finance Enforcement Directorate Government Of India Council Of Ministers India Modi Administration Narendra Modi Ministry

Gateway Distriparks files merger scheme with NCLT

Gateway Distriparks (GDL) had announced an amalgamation scheme between GDL and its subsidiaries Gateway Rail Freight and Gateway East India in September 2020. Now, both NSE and BSE have conveyed their No-objection on 12 March, 2021 enabling the Company to go ahead with filing of the draft scheme with the National Company Law Tribunal (NCLT). The Company, Gateway Rail Freight and Gateway East India have filed the Joint Company Application in relation to the Scheme with NCLT on 14 March, 2021 t...
National Company Law Tribunal Company Application Gateway Distriparks Gateway Rail Freight Gateway East India Joint Company Application

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Exclusive content, features, opinions and comment - hand-picked by our editors, just for you. Pick 5 of your favourite companies. Get a daily email with all the news updates on them. Track the industry of your choice with a daily newsletter specific to that industry. Stay on top of your investments. Track stock prices in your portfolio. NOTE : This product is a monthly auto renewal product. Cancellation Policy: You can cancel any time in t...
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Centre releases Rs 1.06 trn GST compensation shortfall to states since Oct

The Centre has released Rs 1.06 lakh crore to the states since October 2020 to meet GST compensation shortfall, the Finance Ministry said on Tuesday. The ministry has released the 19th weekly instalment of Rs 2,104 crore to 23 states and 3 Union Territories with Legislative Assembly (Delhi, Jammu & Kashmir & Puducherry), taking the total amount released so far under the special borrowing window set up in October last year to Rs 1.06 lakh crore. The remaining five states of Arunachal Pradesh,...
Uttar Pradesh Union Territories Assembly Delhi Services Tax Finance Ministry Legislative Assembly

NCLT can rule only on insolvency of corporate debtors, says Supreme Court

Read more about NCLT can rule only on insolvency of corporate debtors, says Supreme Court on Business Standard. The Supreme Court on Monday held that the NCLT has jurisdiction to adjudicate disputes, which arises solely or relates to the insolvency of a corporate debtor.The top court, however, cautioned the National Company Law Tribunal (NCLT) and its
Justice Chandrachud National Company Law Tribunal Astonfield Solar Gujarat Private Gujarat Urja Vikas Nigam Ltd Supreme Court On Supreme Court

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