IBC-type framework for NBFCs, simplified GST among several issues raised with Finance Minister

Finance Minister has held pre-budget discussions with the economists. The economists stressed on the need to (a)promote labour intensive sectors and (b)manufacturing through Make in India. Further,they also suggested simplification of GST,Insolvency and Bankruptcy Code(IBC)-type framework for NBFC,implementation of Direct Tax Code and constitution of independent fiscal policy committee. Economists also gave suggestions on tariff… Continue reading IBC-type framework for NBFCs, simplified GST among several issues raised with Finance Minister