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TAX DEMAND RECORD INDIA
India, Volkswagen clash in court over record $1.2 billion tax disputeIndia defended its record $1.2 billion tax demand against Volkswagen in a Mumbai court on Thursday, saying the German company never provide...- Samsung keeps shattering profit records as AI boom lifts chip demandRevenue for the July-September period rose to an all-time high at 195.3 trillion won (USD 146 billion), marking the company's fourth straig...
- Weak returns at home fuel India's overseas retail investing boomIndian retail investors are increasingly venturing into global markets, significantly boosting their overseas investments. In response, dom...
- Why India’s largest carmaker’s chairman believes small cars still rule the road despite the SUV crazeMaruti Suzuki Chairman R C Bhargava highlighted the ongoing demand for small cars in India. He noted sales figures of 398,000 small cars an...
- Apache maker TVS Motor rides EV surge to record quarterly salesTVS Motor Company achieved its highest quarterly sales in the September quarter, largely due to electric vehicle demand. The company’s elec...
- Hyundai Motor India's Q2 profit falls 24% as commodity costs blunt tax-cut boost to demandHyundai Motor India reported a profit drop of 24% in the second quarter due to increased raw material costs. Rising commodity prices for ma...
- PVR INOX posts record Q2 earnings, plans to return 30% of annual surplus cash flowPVR INOX has approved a new capital allocation and dividend distribution policy to reward shareholders. The company aims to return about 30...
- Weak domestic returns fuel India's overseas retail investing boomIndian investors are turning to global funds as domestic market performance remains weak and opportunities abroad increase. A surge in over...
- Hindustan Unilever looks to stronger FY27, but commodity inflation threatens to squeeze marginsHindustan Unilever expects commodity inflation to continue impacting margins in the near term. The company anticipates better growth in FY2...
- GST clarification on foreign investor brokerage offers sentiment boost, analysts sayThe Indian government has clarified that brokerage paid by overseas clients may qualify as an export service. This could help foreign inves...
- Jio Platforms Listing Today: Rs 30,213 crore IPO eyes strong debut on Dalal StreetJIo IPO Listing: In a landmark event, Jio Platforms' shares are set to launch in the stock market today after a historic IPO. The exception...
- HUL reports highest sales growth in 14 quarters as volumes pick upHindustan Unilever reported its highest underlying sales growth of 15% in 14 quarters during the September quarter. Sales in the home care ...
- GST registration gets easier as CBIC drops Udyam proof, sets seven-day limit for approvalsThe Central Board of Indirect Taxes and Customs has issued clarifications regarding GST registration requirements for businesses. Companies...
- Maruti Suzuki flags West Asia-linked commodity costs as margins come under pressureMaruti Suzuki India achieved record quarterly sales in the September quarter despite facing profitability challenges. The company reported ...
- Bajaj Auto Q2 Results: Profit jumps 35% YoY to Rs 3,354 crore; revenue up 34%Bajaj Auto Q2 Results: Revenue grew 34% YoY to Rs 20,003 crore for the first time, doubling over the past three years. The company also rep...
- GST officers must prove intent to evade tax before invoking fraud provision: CBICGST officers cannot invoke fraud, wilful misstatement or suppression provisions merely because tax has not been paid or a discrepancy is fo...
- India office market sets nine-month leasing record, with GCCs accounting for 43% of demandIndia's office market is seeing significant occupier demand with rising gross leasing figures throughout 2026. New supply and high take-up ...
- Tata Consumer Q2 Results: Net profit rises 16% YoY to Rs 470 crore, revenue up 14%Tata Consumer Products reported a 16% year-on-year profit increase to Rs 470 crore in Q2 FY27, with revenue rising 14% to Rs 5,661 crore. S...
- Peak power demand falls as cooling needs easeIndia's peak power demand has decreased to approximately 234 GW following a period of elevated consumption earlier in October, which exceed...
- Rs 1.79 lakh US tax credit under India-US DTAA denied over late Form 67 filing; ITAT Bangalore rules in man’s favourAn Indian taxpayer from Bangalore faced a setback when his foreign tax credit was denied due to late submission of Form 67. However, the IT...
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