How India says Volkswagen evaded USD 1.4 bn in import taxes
Here is how India taxes automakers on imports and what Volkswagen allegedly did, according to the government notice Reuters reported on November 29.
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DLF names Badal Bagri as CFO
DLF’s newly appointed CFO, Badal Bagri, is a seasoned professional with over 25 years of experience in corporate finance and risk management. He has previously worked at companies like Bharti Airtel and Micromax.
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L&T Joins n0c tech to Provide Low Cost and Compact Carbon Capture and Storage Tech
New Delhi [India],Larsen & Toubro (L&T), India’s leading engineering and construction conglomerate, announces a strategic partnership with climate tech startup n0c tech to deploy innovative, low cost & compact carbon capture & storage tech across industrial sectors.
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Indian hospitality sector shows optimism amid growth and digital transformation
A new report from Booking.com and Statista reveals Indian hoteliers’ optimism for the future, underpinned by strong business performance, growing investments, and increasing adoption of digital technologies. Despite challenges, the sector remains poised for growth, with a focus on enhancing…
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India’s Services PMI recorded at 58.4 in Nov, job creation hits record high
India’s Services PMI eased marginally to 58.4 in November from 58.5 in October, according to S&P Global. The sector saw record job creation since 2005, driven by strong sales and growing export orders from Asia, Europe, and the US. However,…
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AstraZeneca Pharma wins key ITAT order on corporate tax and transfer pricing
AstraZeneca Pharma India has received an order from the Income Tax Appellate Tribunal related to assessment years 2017-18 and 2018-19. Complete relief has been provided on the corporate tax grounds. The Tribunal has referred the transfer pricing issue back to…
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