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ashutosh kumar

Ashutosh Kumar

The government's decision is prompted by stern observations on the deep haircuts of 90-95 per cent taken in some of the recent resolution cases

IBBI board to discuss CoC Code of Ethics next week; may get notified by Oct

by Ashutosh Kumar |Sep 23, 2021

In the entire insolvency ecosystem, the CoCs are the only bodies, which do not have any regulation. Other players like insolvency professionals and valuation professionals are guided by statutory regu...

Petrol, diesel under GST?

GST on fuel: Final decision unlikely on Sept 17 council meeting 

by Ashutosh Kumar |Sep 15, 2021

"States will lose at least 50 per cent revenue if the petroleum products are brought under the ambit of the GST," said a source

The government is also working for tariff correction on Indian textile sector in the proposed FTAs, Goyal said.

Working on FTAs with UK, EU, UAE; can't be done in hurry: Piyush Goyal

by Ashutosh Kumar |Sep 8, 2021

The government is committed to the textile sector and is holding continuous deliberations with stakeholders, Goyal said, adding India is also pressing for tariff correction on textiles in the proposed...

GST on sub-4 meter car with engine capacity of 1.2L is 29 percent against 31.5 percent in the pre-GST regime.

Exclusive: Tax relief unlikely for auto sector in next GST Council meeting

by Ashutosh Kumar |Sep 3, 2021

Sources close to the development have said that the issue is unlikely to be part of the agenda for the Council meeting on 17 September

FM Nirmala Sitharaman

GST Council to meet next on Sept 17; compensation cess on agenda

by Ashutosh Kumar |Sep 1, 2021

The states have been demanding the Centre should address the pending issue pertaining to compensation cess as well as the pending compensation payment for last year

Videocon Industries promoter Venugopal Dhoot

NCLT orders attachment of Venugopal Dhoot’s properties with immediate effect

by Ashutosh Kumar |Aug 31, 2021

The tribunal has ordered the authorities concerned to freeze movable and immovable properties, bank accounts, and Demat accounts, among others, belonging to Dhoot

Videocon promoter Venugopal Dhoot

NCLT allows personal insolvency proceedings against Venugopal Dhoot

by Ashutosh Kumar |Sep 1, 2021

This comes a day after the ministry of corporate affairs secured permission to attach the property of Dhoot

Ministry of Corporate Affairs has filed an application at the NCLT

NCLT to hear govt's petition against Videocon Industries today

by Ashutosh Kumar |Aug 31, 2021

The ministry has filed an application at the National Company Law Tribunal (NCLT), Mumbai, under Section 241& 242 of the Companies Act, 2013

FM Sitharaman lashes out at Rahul Gandhi over National Asset Monetisation pipeline criticism

‘Is New Delhi Railway Station owned by jijaji now?’: FM Sitharaman’s jibe at Rahul Gandhi

by Ashutosh Kumar |Aug 25, 2021

"Did he also tear out the RFP for New Delhi Railway station? If he indeed is against monetisation, why was the RFP for monetisation of New Delhi Railway Station not torn," said Nirmala Sitharaman

Financial bids for Air India to come by Sept

Govt targets Air India handover by Dec 

by Ashutosh Kumar |Aug 24, 2021

DIPAM also clarified that Cairn moving court in the south district of New York against Air India to enforce a tax arbitral award will not dampen the investor sentiment for strategic sale