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NEW INDIAN ACCOUNTING STANDARDS
Free shares! NSE IPO DRHP reveals curious case of 5,000 shares landing in wrong demat accountAccording to the DRHP, NSE and Nuvama Wealth Finance filed a civil suit before the Delhi High Court against Kashmiri Lal Rana and NSDL in M...- New labour code: Appointment letters must mention job role, workplace, and other key conditions; here's how employees benefitNew labour code rules mandate employers to issue detailed appointment letters, ensuring clarity on job roles, wages, and social security be...
- India, Uzbekistan aim to double bilateral trade in 3 yearsIndia and Uzbekistan are set to significantly boost bilateral trade, aiming to double it within three years. Discussions at the recent Inte...
- NRE vs NRO income tax rules: How these NRIs, OCIs can save up to Rs 20,500 on $10,000 FD investmentNRIs can significantly reduce tax on NRE deposits in India, as this income is tax-exempt. While NRO account interest is taxable in India, N...
- NRE vs NRO: One account can make your interest tax-free, the other can attract over 30% TDSNRIs and OCIs can use NRE accounts for overseas income and NRO accounts for India-sourced income, but tax treatment differs sharply. NRE in...
- India’s trade strategy: Moving beyond FTAsCurrently, India’s FTA utilisation rate hovers around 25% compared to 70-80% in developed economies.
- India initiates sustainability certification framework for exports to meet EU, UK compliance normsIndia is creating new sustainability certification standards for its export products. This initiative aims to boost the competitiveness of ...
- TMC's Aroop Biswas writes to bank, seeks freeze on party's Rs 675 crore account amid leadership crisisA major crisis has hit the Trinamool Congress. Former treasurer Aroop Biswas has asked a private bank to freeze the party's Rs 675 crore ac...
- CBI raids 8 locations in Bengal in bank fraud casesThe Central Bureau of Investigation (CBI) has launched extensive operations throughout West Bengal, targeting bank fraud involving a stagge...
- Indian teenager dies in horse carriage accident during his first trip to New York CityA tragic accident in New York's Central Park claimed the life of 18-year-old Romanch Mahajan. He was on his first trip to the city with his...
- The onshore gateway to global capitalIndia's economy is set to grow significantly, but its global market presence lags. GIFT IFSC is building infrastructure to bridge this gap....
- CJI vows to fix accountability for misplacing files in registryThe Supreme Court has taken a serious view of an accusation that an urgent case filed over ten days ago has not yet been listed. An advocat...
- Small rubber footwear units get 1 yr to comply with quality normsMicro and small enterprises in the non-leather footwear sector have received an extended deadline of July 31, 2027, for mandatory quality c...
- Banks, fintechs join forces to fight money laundering, terror financing under new platformIndia's financial sector has launched a new platform called ARIFAC. This brings together banks, NBFCs, payment firms, insurers, and other e...
- Goldman Sachs cuts India's 2026 CAD forecast to 1.3% of GDPIt expects India to be less vulnerable to higher crude oil prices than in previous years, citing lower oil intensity, improved energy effic...
- Karnataka: Priyank Kharge asks RSS to register, disclose finances and pay taxesKarnataka Home Minister Priyank Kharge has written to RSS chief Mohan Bhagwat requesting the organisation to register formally and disclose...
- Agentic AI adoption drives stronger governance oversight, risk controlsIndian companies are prioritising local AI rules over international ones. They are focusing on ethics, identity, and privacy as AI adoption...
- FSSAI notices to 8 companies over misleading names, claimsThe Food Safety and Standards Authority of India (FSSAI) has issued notices to eight food companies, including Emami Healthy & Tasty, for p...
- Maggi plaint based on an unverified account, says Nestle IndiaNestle India has denied allegations of infestation in Maggi noodles circulating on social media. The company stated the claims stem from an...
- Global liquor companies chase Indian state dues of $400 millionAlcohol industry giants accuse Telangana of breaking accounting rules. The southern Indian state owes them nearly $400 million. Companies s...
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