China is now growing and exporting cumin and chillies, key Indian spice exports. This development poses a challenge to India’s global leadership in spices. Chinese spices are often cheaper, even after local processing. This shift’s impact will become visible in…
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Tax refunds for FY 2025-26 have seen a significant drop compared to FY 2024-25. This comes as gross tax collections have increased. Experts suggest this trend reflects the Income Tax Department’s enhanced ability to identify fraudulent deductions and income misreporting.…
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As SEBI moves closer to approving the long-awaited NSE IPO, analysts believe the listing could act as a key re-rating trigger for BSE by improving peer benchmarking, visibility, and investor interest, potentially narrowing the valuation gap between the two exchanges.
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Budget 2026 could signal the end of the old tax regime. Experts suggest a gradual phasing out rather than an abrupt closure. The new tax regime, with its lower rates and higher rebate, is becoming the default choice. Taxpayers with…
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Ahead of the Union Budget 2026, FICCI urges the government to address tax and trade bottlenecks, emphasizing faster dispute resolution and improved customs facilitation. The industry body seeks to reduce tax litigation and working capital blockage by streamlining appeals, rationalizing…
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At the end of the December quarter, TCS had 582,163 employees, lower than the September quarter’s count of 593,314, the Mumbai-headquartered firm reported. In the previous quarter, the company had reported a net reduction of 19,755 employees, taking its total…
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