India’s tax administration has undergone a significant transformation, marked by a five-fold increase in income tax refunds and a three-fold rise in direct tax collections. The processing time for refunds has drastically reduced from 93 days to just 17, driven…
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Bitcoin hits a new high, and Indian platforms introduce crypto options. This follows the launch of crypto futures. Traders are drawn to leverage and potential tax benefits. The crypto rally is boosted by hopes of US regulation. Volumes are still…
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The Supreme Court provided relief to InterGlobe Aviation and SpiceJet. It dismissed the customs department’s appeal. The appeal sought integrated goods and services tax retrospectively. This was for re-import of aircraft parts after foreign repairs. The court stated that a…
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Hindustan Unilever’s appointment of Priya Nair as its first woman CEO and MD in 92 years marks a milestone, but data shows women remain largely absent in top corporate roles across India. As of July 2024, only nine of the…
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This follows a 50% fall in operating revenue YoY to Rs 828 crore in the June quarter, amid rising competition in the space. Ola’s automotive business turned Ebitda positive in June, said the EV and cell maker in a shareholder…
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Global Capability Centers have the potential to contribute USD 0.5 trillion as gross value added to the Indian economy when the country’s GDP edges towards USD 10 trillion, employing about 20-Co-Chairman of Goldman Sachs in India, said on Monday.
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