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Mohan Lavi

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Too early to value LIC

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BusinessLine Ever since the Finance Minister’s Budget announcement that the government intends to disinvest some of its stake in the Life Insurance Corporation of India (LIC), everyone interested taken their turn at valuing the Corporation in an attempt to gue... More »

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The GST system still awaits simplification

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BusinessLine At the beginning of 2019, taxpayers were beginning to wonder how to file the GSTR annual returns (GSTR 9 and 9C). As we reach the end of the year, taxpayers are still wondering when the ordeal of GSTR 9 and 9C will end. These two will certainly go... More »

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Getting GST right – The Hindu BusinessLine

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BusinessLine   When GST was introduced in India, it was not a complete law since it was introduced in a hurry. Over the past 27 months, the government has been trying to make the law complete but is finding it hard to do so as things change. It is now certain ... More »

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Databank, test for independent directors is not enough

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BusinessLine In the past, if there were corporate governance lapses, questions were raised on the competence of companies and their auditors. These days, however, the questions during such cases are on the competence of companies, auditors and their independen... More »

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GST amendments: A bid to iron out the issues

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BusinessLine On September 20, taxpayers were looking forward to the outcome of the 37th meeting of the GST Council expecting some relief measures for the economy in general, as well as for certain sectors such as automobiles and textiles in particular. Long be... More »

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Tax overreach is becoming the norm

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BusinessLine Discussions on tax terrorism in the country have resurfaced as a result of an unverified letter purportedly penned by the late promoter of Café Coffee Day (CCD) prior to his act of suicide. In the letter, he alleged that there was a lot of harassm... More »

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One too many routes to GST evasion

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BusinessLine Recently, the Minister of State for Finance informed Parliament that the government has detected GST evasion to the extent of ₹38,896 crores in the period April-October 2018. The fact that such an accurate number can be publicly announced proves t... More »