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Ukraine takes aim at Russia's economy and morale by attacking online retailerFor over a month, Ukrainian drones have been relentlessly striking warehouses belonging to Russian online retailer Wildberries. This offens...- Karnataka plans new procurement framework to ease startup tech adoptionThe initiative, to be rolled out under Government First, is awaiting Cabinet approval. It will establish an expert committee comprising mem...
- Tax-free allowances rise, so do employer costs: The salary structuring dilemma under the Social Security CodeEnhanced tax-free allowances under the Income-Tax Rules, 2026 can improve employees’ take-home pay. However, the expanded definition of “wa...
- Higher income tax for salaried people for using company car: Taxable perquisite value to increase under the draft Income Tax Rule, 2026New draft Income Tax Rules for 2026 significantly increase the taxable value of company-provided motor cars. These changes, affecting both ...
- How labour codes impact salaries & social securityIndia's new labour laws, effective November 21, 2025, redefine 'wages' for statutory benefits, impacting salary structures and social secur...
- Supreme Court seeks govt response on Serum Institute's challenge to taxation of subsidies following 2015 income tax amendmentThe Supreme Court has asked the government and the Central Board of Direct Taxes to respond to Serum Institute of India's appeal. This appe...
- Serum Institute of India challenges tax amendment in SC; claims capital subsidies as non-taxableVaccine manufacturer Serum Institute of India (SSI) has filed a challenge to the Supreme Court against a 2016 amendment to the Income Tax A...
- Antony Waste CFO clears the air on I-T raid and moreAntony Waste's CFO, Iyer Subramanian NG, has given clarification on the income tax raids which is related to some vendors that have not fil...
- Cipla gains on resolving funding dispute with US-based PulmatrixThe funding tussle with Pulmatrix Inc was regarding the development of Pulmazole, an asthma medication that is currently under development.
- Centre begins review of legal issues in GSTThe review is aimed at clearing the air on issues such as whether services provided by back offices of multinational companies in India qua...
- GST applicable on credit card expenses incurred by employees of MNCs' India arms, rules AARAs per the details of the case, ICU Medical Inc had provided credit cards to employees of its India subsidiary for incurring business-relat...
- IRDAI proposes to restrict proportionate deduction in health insurance claims to help policyholdersIn most health insurance policies, if the rent of the room taken by the insured exceeds the rent covered in the policy, then the hospital b...
- No GST on foreign companies' payments to liaison offices for expenses: AARTax experts said this ruling has brought some cheer for the industry, but it needs to be incorporated in the law. Otherwise this issue will...
- Proposal to give free minutes to customers flawed: Rajan Mathews, COAI"If you are experiencing call drops in a particular area how does it make sense to continue to give you free minutes in the area where you ...
- Goa looks to attract huge investments in backward talukasAmong other things, the policy refers to bringing in Rs 5,000 crore investment and creating 50,000 jobs in next five years.
- Budget 2013: Bring urea under nutrient based subsidy scheme, asks FAIUrea, which represents about 50% of total consumption of fertiliser products in India, needs to be brought immediately under Nutrient Based...
- What should you know while buying health insurance?People often assume that only the cost incurred during a prolonged stay at hospital qualifies for reimbursement.
- Get more out of your health insurance planInsurance cos offer cover for various day-care procedures to lure customers. Here's how you can benefit from it.
- Fertiliser sector will be re-rated in a few months: Sudip Bandyopadhyay, Convexity SolutionsCompanies like Coromandel International, Zuari Industries, and even Tata Chemicals to an extent, are large beneficiaries of the new fertili...
- Salary paid to hired foreign staff is taxable hereFrom now, Indian companies hiring employees from foreign companies have to pay tax on the compensation paid to the foreign entity, followin...
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