News digest: GST composition scheme, NHAI to get a makeover, and more

From Tatas, Ruias submitting bids for debt-laden Essar Steel to composition scheme for small taxpayers, Business Standard brings you the latest news

Insolvency: Tatas, Ruias submit bids for debt-laden Essar Steel

Tata Steel and the Ruias themselves have put in bids for debt-laden Essar Steel after the company was put up for sale under the Insolvency and Bankruptcy Code (IBC). Sajjan Jindal-led JSW Steel, aggressive in bidding for Monnet Ispat’s and Bhushan Steel’s businesses, is said to have skipped submitting a resolution plan for Essar Steel. (More details)

Inter-state supply may come under GST composition

The composition scheme for small taxpayers that offers easier compliance and a flat rate of tax looks set to be