India is launching ambitious science initiatives. However, current financial rules designed for conventional procurement hinder R&D. A new ...

Sebi has proposed a relaxation in the net distributable cash flow calculation for road sector InvITs. The regulator will allow debt-funded ...

India's massive gold imports are prompting a shift in consumer behaviour. Families are now exchanging old jewellery, unlocking dormant valu...

Quote of the Day by Socrates explains wisdom lies in recognizing his own ignorance. In an age of instant answers, his philosophy emphasizes...

Rising import duty and PM Narendra Modi’s appeal to delay purchases have pushed jewellery brands like Kalyan Jewellers and Malabar Gold & D...

From glossy returns to tax drag, what an equity PMS earns investors often trails what is advertised.

The Allahabad High Court has ruled that a man cannot use financial hardship as an excuse to avoid supporting his wife and children. Upholdi...

Bombay High Court ruled in favour of six employees seeking higher pensions. The court stated the Employee Provident Fund Organisation (EPFO...

The turbulence in West Asia is starting to have a notable impact on India's seed industry, causing costs to soar. In response, companies ar...

Dr Reddy's Laboratories has said the Centre's decision to introduce sunset clause for Special Economic Zones from March 2017 is "at odds" w...

There is lack of clarity on whether weighted deduction for R&D expenditure is allowed to companies where a part or entire manufacturing act...

Currently, the weighted deduction under this Section 35(2AB) is available only for expenditure on in-house R&D facility approved by DSIR.

OPPI feels that approved Companies should be brought on an equal footing with approved National Laboratory and other institutions.

FICCI in its pre-budget memorandum wants the weighted deduction to an approved R&D company to be extended from 125% to 175%.

FICCI also added that some of the activities though directly related to research and development are not eligible for weighted deduction.

The Organisation of Pharmaceutical Producers of India (OPPI) has sought benefits for units engaged in the business of R&D and contract manu...

Industry body PHD Chamber has urged the government to raise the weighted deduction on research and development expenses by pharma sector to...