Remya Nair, Livemint

Remya Nair

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Past articles by Remya:

Govt, RBI in talks on economic capital framework

No proposal to ask RBI to transfer Rs 3.6 or Rs 1 lakh crore, as speculated: Economic affairs secretary Subhash Garg → Read More

PNB reports Rs 4532 crore Q2 loss as bank sets aside more for bad loans

Total provisioning increased to Rs 9757 crore from Rs 2440 crore a year ago period and Rs 5758 in the preceding quarter → Read More

GST collection crosses Rs 1 trillion in October

The pick-up in collections will provide respite to a government struggling to meet its fiscal deficit target → Read More

RBI autonomy essential, says govt

Section 7 of RBI Act allowing Centre to instruct central bank unlikely to be invoked → Read More

India plans stricter norms for global auditing firms

Rules will be enforced by a new regulator proposed for accounting and auditing cos → Read More

States discuss tax or cess in GST for disaster funding

GST council to seek views of the attorney general of India on the disaster cess, talks would also be held with the 15th Finance Commission over the NDRF and SDRFs → Read More

PM Modi meeting petroleum, MEA officials today on Iran oil imports

In the meeting, the Modi government will figure out ways on how to continue with Iran imports but at the same time reduce the dependence on Iran imports to some extent and how to make the import payments → Read More

Ministerial panel to study need for disaster levy in GST

Finance minister Arun Jaitley says it was important to find a well-thought out mechanism on fund-raising for natural disasters as it would have long-term implications → Read More

In cheer for homebuyers, anti-profiteering body asks Pyramid Infratech to pass on GST benefits

Over 100 home owners, who had bought residential units under the Haryana affordable housing policy in 2013, had approached the NAA alleging that Pyramid Infratech had not passed on the GST benefits to them → Read More

Govt proposes merger of Bank of Baroda, Dena and Vijaya Bank

The merger of Bank of Baroda, Dena Bank and Vijaya Bank set to create India’s third-largest bank with a total business of more than ₹14.82 trillion → Read More

GST Council seeks ways to ensure MSMEs pay taxes every month

MSMEs may be asked to give details of monthly sales data to check with income tax payments, say officials → Read More

Kerala’s move to levy GST cess will need attorney general’s nod

Kerala wants a 10% cess on SGST or state GST, which it says will not affect other states or the central government. → Read More

ITR filing deadline extended for Kerala due to floods

The deadline for ITR filing for taxpayers across the country is 31 August → Read More

GDP back series data not official estimates: Govt

The calculations on GDP back series data are still a work in progress, says National Statistics commission → Read More

Worst over for public sector banks, Q1 performance much better: Govt

State-run banks made a total recovery of Rs 36,551 crore in the first quarter of 2018-19, nearly half of the entire 2017-18 → Read More

Taxpayer base has shot up, money feeding poor, says PM Modi

In his speech on India’s 72nd Independence Day, Prime Minister Narendra Modi reiterated his government’s commitment to tackle black money and corruption → Read More

Taxman eyes revenue as Walmart-Flipkart deal enters final lap

Income tax department expects Walmart to provide withholding tax details within fortnight of closing Flipkart deal → Read More

Income tax department taking up fewer returns for scrutiny

Income tax department has only picked up 0.35% tax returns for scrutiny last year as against the previous instances of 0.8%-1% of cases being scrutinized → Read More

Scam-hit PNB to announce Q1 results today: Key things to watch out for

PNB is expected to improve upon its performance this quarter as its balance sheet improves due to inflow of funds due to Bhushan Steel’s acquisition by Tata Steel → Read More

Ministerial group formed to consider tax relief for small businesses

GST Council decides to form a ministerial panel to examine a series of tax and compliance relief proposals for the benefit of MSMEs which form the backbone of the manufacturing sector, the rural economy → Read More