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Finance Ministry aims to set up anti-profiteering body by August -Surabhi

-The Hindu Business Line Firms seen to be largely cooperating New Delhi: To clear confusion over the new prices of items under the Goods and Services Tax, the Finance Ministry is working to set up a National Anti-Profiteering Authority to curb any unwarranted price hikes. “The process for selection of members and the Chairman will start soon. We are working to ensure that the authority can be set up by early next month,...

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Anti-Graft Forum Questions Centre's Appointment of Firm Accused of Scams for Black Money Probes -Gaurav Vivek Bhatnagar

-TheWire.in PricewaterhouseCoopers, convicted in the Rs 7,000 crore Satyam scam, had also audited accounts of Vijay Mallya’s firm and the Global Trust Bank, which collapsed. New Delhi: The Narendra Modi government’s appointment of PricewaterhouseCoopers (PwC) India to key projects like black money probes, Digital India, Make in India and Smart Cities project has been questioned by the Citizens Whistleblowers Forum. The group has also expressed concern over the RBI’s engagement of the...

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CVC examines CBI probe in top bank frauds, including Vijay Mallya's

-PTI CVC Commissioner says bankers need have no fear if their decisions are bonafide New Delhi: The Central Vigilance Commission (CVC) is supervising CBI's probe in 10 top bank fraud cases, including one involving fugitive businessman Vijay Mallya, and says bankers need have no fear if their decisions are bonafide. Vigilance Commissioner T M Bhasin told PTI that bankers need to "muster courage" to recover their money individually or collectively from defaulters. His assertion...

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It's time to give priority to women's work participation

MG Road is seldom considered as a safe place for working women who travel for work to either Gurgaon or Delhi. Almost everyday untoward incidents related to molestation, sexual harassment, kidnapping or rape that occur here are reported in various NCR-based newspapers. Clearly, safety of women office-goers and female workers is one of the major determinants of their (low) labour force participation, even in urban locations like Gurgaon or Delhi....

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Small businesses grapple with GST compliance -Surabhi

-The Hindu Business Line Automating the systems seems to be the biggest challenge New Delhi: With less than a week to go for the new indirect tax regime to kick in, small businesses are trying to understand the modalities of the goods and services tax (GST) as the compliance burden for them is set to significantly rise. Making a relaxation for small businesses, rules allow those with an annual turnover between Rs. 20...

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