Business

Quote by Aashit Shah, Partner, J Sagar Associates | NITI Aayog bats for tax breaks to achieve monetisation goal 1h6t6f

“Invits either acquire a project directly or acquire the shares of project company. In the latter case, recourse to the IBC will be available where the lending is to the project company. However, in a […]

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Business

Quote by Madhurima Mukherjee Saha, Senior Consultant, J Sagar Associates on Government eases compliance burden on unlisted companies… 3v1p6e

“The recent MCA move to ease the norms for unlisted public companies issuing non-convertible debt and non-convertible preference shares, seems logical. Unlisted public companies, with debt or preference shares listed were counted as listed companies […]

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Business

Quote by Tirthankar Datta, Partner, J Sagar Associates on RBI Monetary Policy 4x3u67

“The announcement by the RBI Governor on inclusion of NBFCs in the on tap Targeted Long Term Repo (TLTRO) Scheme of the Government will be a much needed fillip for the NBFC sector after it […]

Business

Union Budget Reaction: Rohitashwa Prasad, Partner, J Sagar Associates on Disinvestment target by FM 6p4y1a

“For FY 21, the GoI had set a very high disinvestment target of Rs. 2.1 lakh crore, which, in the backdrop of the disruptions caused by the Covid pandemic proved too ambitious to realise. The […]

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Business

Ref I Quote by Kumarmanglam Vijay, Partner, J Sagar Associates on Newly launch platform for “Transparent Taxation–Honoring the Honest” by Hon Prime Minister of India Narendra Modi 3m3v6h

“Proposed reforms launched by the Prime Minister to simplify assessment and appellate process coupled with an initiative to provide pre-filled return forms to taxpayers are steps towards making the process technology-driven and easy to comply […]