Reform of dispute resolution mechanisms, simplification of litigation management, overhaul of rules dealing with transfer pricing and tax deduction at source are some of the top focus areas in the simplification exercise, the official said, adding that wider consultation is…
Read More
Adani Green Energy clarified that Gautam Adani, Sagar Adani, and Vneet Jaain are not charged with bribery under the US Foreign Corrupt Practices Act, according to a US Department of Justice indictment. The DOJ’s charges relate to alleged securities and…
Read More
The Indian government is creating a platform to improve insolvency resolutions. The platform will connect key stakeholders and provide alerts for delays. The IBC aims to rescue stressed assets, not just recover funds. Over 1,900 insolvency cases are ongoing, with…
Read More
Dabur India faces a confirmed GST demand of ₹320.6 crore plus interest from the CGST Commissionerate, Chandigarh. While the penalty has been dropped, the company is reviewing the order and exploring legal options. Dabur assures this won’t affect operations and…
Read More
Goods and Services tax: Pankaj Chaudhary, minister of state in the ministry of finance said in Lok Sabha that the government has earned Rs 4792.4 crore on taxing various education services which are currently not exemtp from GST. However certain…
Read More
Samsung named Jun Young-hyun as its co-CEO as well as head of its memory chip business and appointed Han Jin-man as company president and head of the foundry business.
Read More