Punjab is establishing a state-level Special Fraud Detection Unit in Patiala to combat GST violations. This unit will focus on uncovering circular trading, benami transactions, and fake invoicing using advanced technologies like AI and data analytics. The SFDU will comprise…
Read More
The RBI’s Monetary Policy Committee, led by Governor Sanjay Malhotra, commenced a three-day meeting amidst expectations of a pause in rate easing. While the RBI has already reduced the repo rate by 100 bps this year, experts anticipate a status…
Read More
JANE-STREET-INDIA-TAX-India’s tax department investigating Jane Street over possible tax treaty misuse, sources say
Read More
As India eyes global leadership in accounting and consulting services, three challenges persist: symbolic alliances over real mergers, outdated branding rules, and restrictive procurement norms. Veteran chartered accountants tell ETCFO that bold consolidation, brand reform, and policy overhaul are vital…
Read More
Indian officials are finding it difficult to engage with the Trump administration due to unfilled key foreign policy roles, hindering efforts to advocate for a favorable trade deal. The absence of key personnel in the State and Defense Departments complicates…
Read More
The Indian rupee extended its decline on Tuesday on the back of escalating trade tensions with the United States, although likely central bank intervention prevented the currency from breaching record low levels.
Read More