E-way Bill blocking for non-payers to resume from August 15

photo

The government will begin blocking e-way bill generation from August 15 for taxpayers that have not filed their two or more outward supply returns till June. An advisory to the effect was issued by Goods and Services Tax Network Thursday, informing taxpayers and advising them to file pending returns to avoid blocking of e-way bills. … Read more

Lakshmi Vilas Bank “substantially completes” due diligence for proposed merger with Clix Group

photo

Kolkata: Lakshmi Vilas Bank said it “substantially completed” the due diligence for its proposed merger with the Clix Group, even as the extended deadline for the completion of the process ended Tuesday, and said that the two parties would continue to discuss the future course of action. This leaves doubts on whether the fate of … Read more