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INDIAN GOVERNMENT TAX REFORM
Insurance regulator IRDAI plans overhaul of commission rules to curb mis-selling, sources sayIndia's insurance regulator is set to overhaul distributor commissions, proposing payments spread over a policy's life to curb mis-selling ...
Germany changes sick leave policy: 'We are abolishing sick leave by phone,' says Chancellor Merz; doctor's note required from day one of illnessGermany sick leave policy: Germany is set to tighten sick leave rules, requiring doctor's certificates from day one of absence upon the emp...
From being a trust to gaining trust: AIFs call for switch to LLP modelIndia's private equity and venture capital sector is pushing for a crucial structural change to attract more foreign investment. The indust...
When does a country reform?India's recent reforms, including GST and labor code changes, were driven by external pressures, not domestic crises. Historically, India r...
New rules simplify drug launches, reduce manufacturer liability for overchargingNew rules now allow drug manufacturers to launch similar medicines without prior price approval, streamlining market entry. Companies can s...
Urdu is an indian language, not a foreign one: Former Union Minister Murli Manohar JoshiFormer Union Human Resource Development Minister Murli Manohar Joshi on Thursday asserted that Urdu is an Indian language and did not origi...
Bloomberg global index entry in sight for Indian G-SecsIndian government bonds are on the cusp of inclusion in Bloomberg's Global Aggregate Index, with a decision anticipated mid-July. Tax exemp...
SEZ job work, export schemes among issues discussed at stakeholder meetThe focus of discussions included synchronizing export mechanisms, facilitating rupee payments for services delivered to the Domestic Tarif...
In Graphics: How GST cuts triggered a rally for Indian businessesGovernment analysis reveals that last September's Goods and Services Tax rate adjustments led to a significant expansion of the tax base. H...
Industry seeks payment in rupee for domestic supplies at maiden SEZ reforms stakeholder consultationSEZ developers are urging the government to allow domestic sales in Indian Rupees, citing subdued global demand. They also proposed job wor...
Government extends CBDT chief Ravi Agrawal's tenure by 6 monthsRavi Agrawal, Chairman of the Central Board of Direct Taxes (CBDT), has received a six-month tenure extension, keeping him in the role unti...
Working abroad? You may pay zero tax on selling Indian shares if you meet this conditionIndians working abroad can now potentially avoid paying tax on selling Indian shares. The key is to have purchased these shares using conve...
Future growth will depend on governance quality in public, private institutions: HDFC's ParekhIndia's future prosperity hinges on robust governance across public and private sectors, emphasized HDFC Bank Chairman Deepak Parekh. He hi...
UK's likely next leader Burnham to unveil plan to shift power from LondonAndy Burnham, poised to lead Labour, will unveil a plan to shift power from London to Britain's regions, aiming to boost living standards t...
Commerce ministry convenes stakeholders' meet on June 30 on SEZ issuesThe commerce ministry is convening a stakeholder meeting on June 30 to address critical issues concerning Special Economic Zones (SEZs). Di...
As GST turns 10, focus shifts to AI-led compliance, faster refunds, simpler tax processesIndia's Goods and Services Tax, now in its tenth year, is evolving towards greater efficiency. The government is leveraging AI, data sharin...
MSMEs and GST@9: Journey so far and next phase of reformsFor India Inc., including MSMEs, the focus appears to have shifted from stabilisation to optimisation, as confidence grows on account of di...
CII president R Mukundan projects 7% growth for India, seeks GST Council-like body to drive reformsIndia's economy is projected to grow around 7% this fiscal year, with most businesses finding growth avenues despite global cost pressures....
Tax reforms to play vital role in attracting global capital to India: ExpertsIndia's economic ascent hinges on predictable and simplified tax reforms to attract global capital, according to a senior financial expert....
World Bank approves USD 1.5 bn loan to support India's reforms, job creationIndia's push for private sector-led growth and job creation has received a significant boost with the World Bank approving USD 1.5 billion ...