Borrowing costs for India’s top-rated shadow financiers declined last month, indicating that the nation’s prolonged credit crisis may be seeing some improvement.. "The worst seems to be over for shadow banks that have survived one of the longest credit crises in India," said Madan Sabnavis, chief economist at Care Ratings
Every new year comes with new hopes, new aspirations, new responsibilities and new challenges. 2020 is a leap year, to leap forward taxpayer needs to abide tax laws in business. Let’s discuss few trend setting tax reforms forth coming which will change the dynamics of business in India. What are major things of GST
In pursuance of the announcement made in the Union Budget 2019-20 presented by the Union Minister of Finance & Corporate Affairs Smt. Nirmala Sitharaman, the Government has issued a scheme regarding partial credit guarantee on 10.8.2019. The Scheme would enable the public sector banks (PSBs) to purchase pooled assets of financially sound NBFCs amounting to Rs.