Consequences include the liquidity stress of party season, criminal interest, potential infringements of the covenant and the refinancing pressure on banks/NBFCs exactly when the inventory is building before the September-to-Diwali peak | Photocredit: Velankanni Raj B New Delhi The Federation of Automobile Dealers Associations (FADA) has written to Minister of Finance Nirmala Sitharaman and has […]
Shares of ITC LTD, one of the largest cigarette manufacturers in India, will be in Focus on Thursday 4 September, after the GST Council had clarified that the current 28% GST Plus compensation structure on tobacco products will continue until compensation-related loans will be fully refunded. After that, a revised 40% GST plate is introduced […]