Vrishti Beniwal
 "Vrishti Beniwal")
Vrishti Beniwal
Page 21 - Vrishti Beniwal
PSBs could lose some good talent to new banks
The biggest exodus might be seen at middle and lower levels, due to better remuneration and career prospects
 "PSBs could lose some good talent to new banks")
New banks might queer the pitch for state -owned ones
With new private banks in play, going will likely become even more difficult for old-school state-run banks
 "New banks might queer the pitch for state -owned ones")
Next EC head to steer GST to be elected on July 22
Post fell vacant last month after Bihar's deputy CM resigned following a split in BJP-JD (U) alliance
 "Next EC head to steer GST to be elected on July 22")
Shome to address industry concerns on taxation
Shome will be available to meet at least two industry groups and associations every Wednesday after 3 pm
 "Shome to address industry concerns on taxation")
Focus on top 100 taxpayers, non-filers: FM
Finance minister asked officers to consider themselves as service providers and taxpayers as their clients
 "Focus on top 100 taxpayers, non-filers: FM")
Govt to fully fund CAD, more reforms on anvil: FM
Says more steps will be taken to address supply-side bottlenecks to moderate inflation
 "Govt to fully fund CAD, more reforms on anvil: FM")
FM's old aide Krishnan back to FinMin
To steer capital market reforms as Additional Secretary
I-T dept net catches small transactions, too
The department identified 1.2 mn taxpayers who had a PAN card but did not file their income tax return
 "I-T dept net catches small transactions, too")
I-T captures transactions to nab tax evaders
Penalty can be levied at 100-300% tax evaded, while tax is imposed at highest rate of 30%
 "I-T captures transactions to nab tax evaders")
LawMin to decide whether Aadhaar's e-KYC is valid
Doubts over whether PMLA needs to be amended or the IT Act puts electronic KYC on a par with physical verification
 "LawMin to decide whether Aadhaar's e-KYC is valid")
Concerns on service tax voluntary compliance scheme to be addressed: Bose
Service sector contributes about 65% of GDP but number of service tax payers is quite less
 "Concerns on service tax voluntary compliance scheme to be addressed: Bose")
GST's biggest opponent goes, but it's too late now
Top officials says that UPA has already realised that introduction of GST is not possible in their current tenure
 "GST's biggest opponent goes, but it's too late now")
Govt banks writing off more loans than they recover
FinMin identifies 17 lenders who wrote off Rs 11,000 cr loan vis-a0vis Rs 4,000 cr recovery in Q4
 "Govt banks writing off more loans than they recover")
Banks moving in the right direction to cut NPAs: Rajiv Takru
Interview with Financial services secretary
 "Banks moving in the right direction to cut NPAs: Rajiv Takru")
FM might ask banks to review lending rates
Says lower rates to industry for investments and to consumers for auto, housing and education loans will help give a push to growth
 "FM might ask banks to review lending rates")
Chidambaram may stick to Pranab's line on DTC
Idea is to hasten the process; Bill to be tabled in Parliament's monsoon session
 "Chidambaram may stick to Pranab's line on DTC")
Government notifies rules for blacklisting tax havens
Indians transacting with such countries will have to share details with tax dept
Parliament panel might propose optional GST for states
States also proposed it earlier, but Centre turned down the proposal
Panel may suggest floor rate with band for GST
Article 279B provides for establishment of the Dispute Settlement Authority to adjudicate dispute or complaint referred to it by a state or Centre