Business Today

IBC 2016: Clearing the Air

The Budget has taken the first step towards resolving issues around the Insolvency and Bankruptcy Code.

Enacted in 2016, the Insolvency and Bankruptcy Code, 2016 (IBC) has witnessed a lot of action in the last six months. However, there were many questions around the tax impact either on the Corporate Debtor (CD) or the Resolution Applicant. In his Budget speech, the finance minister indicated changes to the tax regime to accommodate

You're reading a preview, sign up to read more.

More from Business Today

Business Today4 min readTech
Make Them Strong
We live in a digital age where just about every retailer, bank, credit agency, website and social media platform is under attack. Like it or not, hackers can easily crack our passwords, access our smart devices, steal our data and hijack our identiti
Business Today9 min read
Till Debt Do Us Part
In his book How the Mighty Fall, American business consultant and author Jim Collins outlines five stages of decline that even the best of companies could witness beginning with hubris born of success and ending with the entity becoming irrelevant
Business Today3 min readTech
Beware Of The Voice Trap
Forget mouse and touch; voice is taking over. The sheer convenience of going hands free and commanding voice assistants to access information or get tasks done may come back to bite us sooner than we imagine. By now, just about every technology major