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...
Adani-group owned ACC’s consolidated profit slumps 92% on year in September quarterACC reported a significant 92% decline in profit for the September quarter, attributed to lower sales volumes. The company’s profit stood a...
Indus Towers Q2 Results: Net profit slips 2.5% to Rs 1,793 croreIndus Towers reported a 2.5% decline in consolidated net profit for the second quarter ended September 30. The company experienced a 4% inc...
Own property in UAE? Income Tax Department nudges taxpayers to declare undisclosed assets under FAST-DS 2026, know who needs to act and what they can doUAE property owners have received communication from the income tax department regarding undisclosed assets. Taxpayers are prompted to asse...
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...
RBI steps up liquidity support as tighter cash conditions push up borrowing rates: ReportTightening liquidity in the banking system has pushed up short-term borrowing rates, prompting the Reserve Bank of India (RBI) to inject fu...
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...
US growth boosted by AI, but no sign of a turning point higherEconomists estimate the growth potential of the US economy to be around 2%, whereas President Donald Trump aspires to double it. Business i...
India's Scotch probe of Diageo, Pernod undermining India-UK pact benefits, trade group saysThe British government said "iconic UK products" like whiskies would benefit from the pact. Indian investigators, however, have privately t...
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...
Shree Cement profit falls 15% YoY to Rs 263 crore on higher fuel costsShree Cement’s September-quarter net profit fell over 15% year-on-year to Rs 263 crore for the third consecutive quarterly decline. Revenue...
Former Mumbai office boy wins tax battle over Rs 1.46 crore transactions linked to alleged KYC misuseIn a significant legal battle, former office boy Waghela challenged a disputed tax order linked to dubious financial practices. The Income ...
Tax matters, as does capital: Is it time for India to reconsider its LTCG tax policy on listed equities amid rising global competition?Debate on long-term capital gains (LTCG) tax and securities transaction tax (STT) has gained momentum, with the government recognizing its ...
IGI Q2 Results: Consolidated PAT surges 43% to Rs 185 croreThe International Gemological Institute recently announced an impressive 43.14 percent growth in profit after tax for the previous quarter....
- AI data center projects boost US warehouse demand and rents, real estate company JLL says
AI data center construction projects, particularly near Dallas/Fort Worth and Washington, DC, are generating new demand for warehouse space...
Rs 24 crore cash sales in Form 26AS, Rs 4-crore tax demand: How a five-star hotel cook won his case in Delhi High CourtMr. Lalit, a cook at Hotel Ashoka, received a surprising income tax notice claiming Rs 4 crore. This notice cited Rs 24 crore in cash sales...
India probing Pernod, Diageo Scotch imports under India-UK trade pact, sources sayIndian tax officials are investigating Pernod Ricard and Diageo for how they classified bulk Scotch imports. These companies may have impro...