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At Big 4 firms, AI is starting to reshape the tax professionMajor accounting firms in India are embracing artificial intelligence for tax services. AI is automating routine tasks, research, and draft...- From AI to subsidies: Bernstein’s candid open letter to PM Modi flags 8 critical fault linesGlobal brokerage Bernstein has cautioned India against becoming a mere user of future technology. The firm suggests that continued reliance...
- GST 2.0 Inverted duty structure hurts FMCG, Pharma: Expert flags concernsIndian enterprises are navigating challenges posed by the Goods and Services Tax. The inverted duty scenario is particularly affecting FMCG...
- India weighs faster rollout of flexible-fuel vehicles as ecosystem gaps, mileage concerns persistIndia is on a mission to promote flexible-fuel vehicles as a means to enhance energy independence and minimize pollution. With the technolo...
- India’s FY27 fiscal deficit target faces oil price risks amid Iran war: ICRAIran War: Elevated global energy prices due to West Asian geopolitical developments may pressure India's fiscal position in FY27. While hig...
- CBIC working on monetary limit for GST demand notices: OfficialThe CBIC is developing a monetary limit for GST demand notices to prevent the issuance of notices on unsubstantial grounds, aiming for fair...
- India, US likely to fast-track initial phase of trade pactIndian trade negotiators will visit Washington DC this week to explore an "early tranche" of a proposed bilateral trade deal with US, which...
- We dig federalism, but why retro tax?The Supreme Court's decision allowing state governments to impose retrospective taxes on mining activities from April 1, 2005, is poised to...
- Budget 2024: Could aggressive tax and regulatory reforms supercharge India's consumer industry?The preferences of a tech-savvy and aspirational demographic are compelling companies to adapt, innovate and align their offerings to suit ...
- 24 big importers found evading Rs 11,000 crore IGSTThe Indian Directorate General of GST Intelligence (DGGI) and Directorate of Revenue Intelligence (DRI) have discovered alleged Integrated ...
- Petrol price can go down to Rs 75 if brought under GST: SK GhoshTop SBI economist explains his rationale for bringing petroleum products under GST
- The claims of India becoming protectionist are unfounded: Ajay Bhushan PandeyThe problem arising out of FTAs will be looked at by the commerce ministry, says Ajay Bhushan Pandey.
- The new GST era: Real adventure begins nowWhile net effect of GST is likely to be positive, there's much that is unknown.
- How painful will GST be for stock market? Not as much as VAT wasThere are expectations that GST will boost India’s GDP growth by 150-200 basis points.
- Branded apparel players to benefit from GST as well: Charath Narasimhan, CEO, Indian Terrain FashionsThere is likely to have some short term impact of GST but both industry and the government will try to make it work, says Charath Narasimha...
- GST - Real game changer for Indian industryThe basic philosophy behind GST is to expand the tax base and not to enhance tax burden on businesses.
- GST may address dual taxation impact on media sector: DeloitteIndia is globally the fifth largest media and entertainment market, said a Deloitte report titled 'Media and entertainment industry - India...
- Tax sops likely in Modi government's first full year Budget on SaturdayThe Finance Minister is also likely to pursue the path of fiscal consolidation and keep the fiscal deficit target at 3.6 pc of GDP.
- Budget 2015: Finance Minister Arun Jaitley may dole out tax sops to win over middle classBesides giving sops to the individual tax payers, he is also expected to unveil initiatives to boost investments by corporates.
- India, US officials to meet after Budget to discuss investment: Nirmala SitharamanSenior officials of India and the US will meet after the forthcoming Budget session to identify and prioritise sectors for investments and ...
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