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News & PR

March 18, 2018
PwC suggests timebound GST dispute resolution

PwC suggests timebound GST dispute resolution

Global accountancy firm PwC has suggested "timebound" resolution of disputes under the Goods and Services Tax (GST) to make the new indirect tax regime more business friendly. One-time dispute resolution schemes were introduced under the erstwhile regime, but industry has been rigid about adopting such measures for various reasons, PwC said in a report. The…
March 18, 2018
How bankruptcy can help government’s housing ambition

How bankruptcy can help government’s housing ambition

MUMBAI: Unused industrial land of bankrupt companies could help achieve the country’s low-cost housing goals if state governments agree, experts said. If affordable housing projects are built on such land, it will not only fetch higher valuation for lenders seeking to recover their loans, but also support the weaker sections of society by providing them…
March 18, 2018
Market Now: Prestige Estates, Unitech, DLF keep sectoral index up

Market Now: Prestige Estates, Unitech, DLF keep sectoral index up

NEW DELHI: Gains in shares of Prestige Estates Projects (up 2.95 per cent), Unitech (up 2.40 per cent) and DLF (up 1.04 per cent) were keeping the Nifty Realty index in the green in afternoon trade on Friday. The Nifty Realty index was trading 0.19 per cent up at 320 around 01:35 pm (IST), with…
March 18, 2018
Australian shares close lower as banks weigh; NZ ends run of gains

Australian shares close lower as banks weigh; NZ ends run of gains

Australian shares closed lower on Wednesday, with losses led by banking stocks amid a hard-nosed official inquiry into the embattled sector, while the departure of yet another senior official from the Trump White House further dampened sentiment. The S&P/ASX 200 index ended 0.7 per cent lower or 39.4 points to 5935.3. The benchmark fell 0.4…
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