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Lady took loan for investment into venture capital fund, claimed Rs 1.49 crore interest deduction, was denied by I-T dept; ITAT allows it in a landmark rulingA lady won a tax case in ITAT Mumbai. She claimed Rs 1.49 crore interest deduction on a loan taken for Venture Capital Fund investments. Th...- In 1928, Walt Disney Lost the Rights to Oswald the Lucky Rabbit: That Realization Established the Foundation for Mickey Mouse and DisneyA business setback in 1928, when Walt Disney lost control of his Oswald the Lucky Rabbit character, unexpectedly sparked the creation of Mi...
- Tax on destination wedding outside India: Will income tax apply on gifts in form of cash, property, gold jewellery? Know the rulesWhether it is cash, gold, car, or even a property, if gifted to the bride or the groom on their wedding, no tax would be levied on the gift...
- Consumption sustaining growth; predictable support essential for GDP expansion: FMUnion Finance Minister Nirmala Sitharaman highlighted that domestic consumption is driving India's economic growth, emphasizing the need fo...
- Mark Zuckerberg's surprising move inside Meta AI labs to take on rivals OpenAI and Google. Here's what the tech billionaire is doingTech billionaire Mark Zuckerberg has made a surprising move inside the Meta AI labs to take on OpenAI and Google. He is now sitting next to...
- I-PAC director Vinesh Chandel sent to 10 days in ED custodyA special court in Delhi has remanded Vinesh Chandel, co-founder of I-PAC, to 10 days of ED custody after his arrest in a money laundering ...
- What are Money mule accounts? Australia’s financial intelligence regulator targets financial crime vulnerabilities in foreign-owned banksAustralia's financial intelligence unit, AUSTRAC, has uncovered significant control and reporting issues within foreign-owned banks. Review...
- TVS Srichakra to acquire SG Acquisition Corporation for USD 3 mnTVS Srichakra Ltd said SG Acquisition Corporation will subsequently assume and take over assets, liabilities and business operations of Sup...
- ZS PRIZE jury member Sandeep Singhal on the opportunities for tech-enabled innovations in the Indian healthcare sectorSandeep Singhal on how artificial intelligence enabled healthcare innovations can solve the most pertinent challenges in healthcare sector
- Govt asks Swiggy, Zomato to submit plans for improving complaint redressalThe direction was given during a meeting chaired by consumer affairs secretary Rohit Kumar Singh with major e-commerce food business operat...
- Zomato to do earnings, analyst calls once a yearZomato will do earnings calls once a year — at the end of each fiscal — and will address the most frequent and pertinent questions through ...
- Sunil Mittal becomes honorary chairman of International Chamber of CommerceMittal, who is being replaced by Unilever Chief Executive Paui Polman, will step down as the International Chamber of Commerce (ICC) chair ...
- Transunion Cibil ties up with KPMG to offer employee and business credit risk checkIt enables employers to make quick, consistent decisions based on pertinent financial behavioral information not typically included on a jo...
- Cut 3% IGST for bullion jewellery exporters: IBBAIBBA comprises banks with bullion desks and includes the likes of Scotiabank, Kotak Bank, SBI, etc.
- Why Adi Godrej feels that opposition to capitalism works against free enterpriseThe Godrej Group’s chairman wondered why there was not much discussion on free enterprise and the good it has done.
- TCS partners with Nexperia to build digital coreThrough this partnership, Nexperia aims to enhance TCS' digital core through its end-to-end enterprise application stack hosted on the TCS ...
- Chinese exhibits for Assam International Agri-Horti Show reach Pangsau PassPassing through the historic Stilwell Road, the exhibits arrived from Baoshan in China's Yunan province, an official release said in Itanag...
- Bet on ITC; watch out for value and profit growth over 2-3 quarters: Sunita Sachdev, UBS'In the past, ITC has had five stick packs too. So, you can expect them to have smaller packs with graphic warnings on them.'
- Budget 2014 may launch reform agenda: Morgan StanleyThe first area on which the new govt will focus is improvement in the biz environment, which has remained challenging since the credit cris...
- Indian innovators need to go after low-cost, high-valueNIF chairperson, RA Mashelkar, says young people working on an innovative idea risk a high failure rate and need to be encouraged through a...
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