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GST council meet postponed, to be held tomorrow

Friday, July 26, 2019, 7:42 PM

The meeting of the GST Council which was to decide on cutting tax-rates on electric vehicles, has been postponed as FM Nirmala Sitharaman was pre-occupied in Parliament, officials said. The 36th GST Council-meeting, which was to be held through video-conferencing, had only one item in the agenda and that was to consider Centre's proposal to slash GST rates to 5% from 12% on e-vehicles.
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RCom lenders to seek Rs.580cr from Ericsson claiming violation of IBC

Tuesday, July 23, 2019, 12:32 PM

Lenders to Reliance Communications(RCom) have decided to send a demand notice to Ericsson, asking the Swedish telecom equipment maker to refund the Rs.580 crore that it received from the erstwhile Anil Ambani-owned telco under a Supreme Court directive, according to people directly aware of the matter. The lenders claim the payment to Ericsson qualifies as a 'preferential transaction' under the Insolvency and Bankruptcy Code(IBC).
 
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IBBI publishes syllabus for valuer examinations from April 2019

Tuesday, January 1, 2019, 10:49 PM

The Insolvency and Bankruptcy Board of India (IBBI) Tuesday came out with syllabus for valuer course and the examinations to be conducted from April 1, 2019. IBBI has published the syllabus and other details of the valuation examination for three asset classes --- securities or financial assets, land & building, and plant & machinery, according to an official statement.

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