ANI | Updated: Sep 10, 2026 08:16 IST New Delhi [India], September 10 (ANI): The Insolvency and Bankruptcy Board of India (IBBI) has warned against misuse of IBC provisions for tax avoidance and evading investigations, directing resolution professionals to stay vigilant against fraudulent actions that undermine corporate rescue proceedings.According to a circular issued by IBBI,…
A Katikati horticultural employer has been placed into liquidation seven years after it ceased trading, owing hundreds of thousands in unpaid taxes and penalties. The first liquidator’s report for NZ Vine Care shows the tax office is listed as a preferential creditor, and the only creditor, with the amount of debt from PAYE, GST and…
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IBBI alerts insolvency professionals against misuse of IBC framework for tax avoidance and evading investigations indiagazette.com Read the original article here
Financial experts are seeing a historic increase in debt among Gen Z, according to Money Management International, with a 35 percent spike in younger consumers seeking credit counseling. Millennials have continued to sustain an average of $40,000 in debt, and they too are looking for help to course correct. “A few years ago, I ended…
Please note that by blocking any or all cookies you may not have access to certain features, content or personalization. For more information see our Cookie Policy. To enable cookies, follow the instructions for your browser below. Facebook App: Open links in External Browser There is a specific issue with the Facebook in-app browser intermittently…