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Climbing down the Moutai: Is the prestigious Moutai brand crumbling under China's anti-extravagance campaign and economic turmoil?Moutai, a prominent baijiu brand in China, has experienced significant fluctuations in demand and prices. The brand's popularity is affecte...- Goa rationalises aviation turbine fuel VAT to 7% from October 24, IndiGo welcomes moveGoa government has announced a reduction in the value-added tax on aviation turbine fuel to 7%. This revised VAT rate will come into effect...
- Michigan Midterm polls 2026: Can people with disabilities take part in early voting? All you need to know ahead of November 3 pollsMichigan is set to open early voting centers on October 24, 2026, enabling residents to gear up for the midterm elections. Registered voter...
- Former Mumbai office boy wins tax battle over Rs 1.46 crore transactions linked to alleged KYC misuseIn a significant legal battle, former office boy Waghela challenged a disputed tax order linked to dubious financial practices. The Income ...
- Stocks in news: Reliance Industries, Eternal, Alkem Labs, BEL, HPCL, Swiggy and GMDCIndian markets witnessed a downturn on Wednesday, prompted by significant selling in banking stocks. After showing initial promise, the Nif...
- Europe’s last penicillin plant faces a bitter fight against China’s cheaper drugsThe Sandoz penicillin plant in Kundl, Austria, is under threat from cheaper Chinese antibiotic production. European healthcare programs ben...
- UAE VAT changes to increase costs and compliance burden for Indian businessesWhile the rules apply to all businesses operating in the UAE, Indian companies account for about 20-25% of total businesses, with over 265,...
- IIFL Finance plans to raise ₹2,500-5,000 crore by selling stake amid Fairfax exit rumorsIIFL Finance is intending to raise ₹2,500-5,000 crore by selling a minority stake. The company's promoters may subscribe to warrants to lim...
- Chewing gum is not an eatable item says Gujarat HC: Bubble gum is not swallowed hence it attracts higher 12.5% tax, rules courtGujarat High Court has ruled that chewing gum cannot be classified as an edible sweet or sweetmeat under state Value Added Tax provisions b...
- From paneer to pizza, FSSAI puts India’s ₹200 lakh crore consumer boom to the test. Who pays?The FSSAI's escalated enforcement in consumer sectors in India has led to increased compliance costs for companies. Many brands are now ree...
- India's GST Revolution: How India’s biggest indirect tax reform changed its economy and its way of doing businessIndia's GST Revolution: GST has transformed India's indirect taxation system, eliminating many previous levies to streamline compliance and...
- Proposal to scrap GST officers' arrest powers based on 'trust'; states likely to back move: SourcesThe 57th meeting of the GST Council, to be chaired by Union Finance Minister Nirmala Sitharaman and comprising state finance ministers, wil...
- Federation of Indian Airlines seeks review of existing ATF pricing formulaThe Federation of Indian Airlines highlighted the significant impact of rising jet fuel costs on airline operations. They emphasized that c...
- GST shake-up: Council may rejig tax officers' panelsThe GST Council is likely to recast its tax officers' committees to make them leaner as the system matures. It is proposed to reduce the cu...
- Gaya Pind Daan 2026: How to Book Online, Where It Happens, Cost and Rituals ExplainedGaya is one of the most important pilgrimage destinations for Pind Daan and ancestral rituals. With Pitru Paksha 2026 ending on October 10,...
- House of not just clothes: Fashion goes big on flagships“A multi-designer store can introduce you to a product. A flagship has the ability to introduce you to the thinking, the culture and the co...
- Andhra Pradesh commercial tax collections rise 18 pc to Rs 30,436 cr in H1Andhra Pradesh’s commercial tax collections rose 18% year-on-year to Rs 30,435.98 crore during April-September 2026, with September recordi...
- Medicine shop owner deposits Rs 2.47 crore cash in bank account, gets income tax notice for unexplained cash; wins case in ITAT Delhi for this reasonMr Kumar, a medicine shop owner had deposited Rs 2.47 crore cash in his bank account during demonetisation period, he got an unexplained ca...
- Commercial LPG cylinder price hiked by Rs 62.50 in Delhi, ATF costlier by Rs 16 ahead of festive seasonFrom October 1, the price of a 19-kg commercial LPG cylinder in Delhi increased to Rs 2,810. This rise of Rs 62.50 marks a 2.3 percent incr...
- GST 2.0 revived demand. Now industry wants its tax credit unstuckThe GST Council is set to reconvene after a year to focus on reforming the input tax credit system. Recent surveys by KPMG and Deloitte hig...
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