Top headlines: India entry into global bond indices put off, SMS rules held

With the suspension of the IBCcoming to an end, the government is preparing a special relief framework for medium and small enterprises that are still grappling with the pandemic crisis

India's inclusion in global bond indices faces taxation hurdle

India’s entry into the global bond indices has got postponed because of tax changes sought by their managers. They have also demanded that India list its sovereign debt papers on leading international central securities depositories like Clearstream.

This means that taxes on these papers, such as withholding tax, will need to be frozen. The government will have to give in writing that taxes will not be changed to the disadvantage of investors. Read more
 

Special insolvency relief framework for Covid-hit MSMEs in the works

With the suspension of