As GST turns eight, CFOs across India Inc say it has simplified compliance and improved cash flows—but pressing issues remain. Will GST 2.0 simplify tax slabs, reduce litigation, and ease credit restrictions? Here’s what top CFOs say as they call…
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India and the US are likely to announce a trade agreement soon. Both countries have agreed on important points. However, the benefits for India are not yet clear. Avoiding a 26% tariff is the only visible gain so far. Sectors…
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Quick commerce platforms like Zepto, Blinkit, and Instamart are adding new fees. These include handling, convenience, and small-cart charges. This is to improve their earnings per order. These fees range from Rupees 6 to Rupees 30. Companies are also raising…
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The Central Board of Direct Taxes (CBDT) Chairman Ravi Agarwal has issued strict directives to Faceless Assessment Officers (FAOs) to avoid raising irrelevant queries while conducting faceless assessments, emphasising the need for more focused and case-specific scrutiny procedures.
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As India’s Goods and Services Tax (GST) completes eight years since its launch in July 2017, a report by PwC highlights the key demands and reforms expected by the industry going forward.
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India witnessed a strong increase in its overseas financial assets during the financial year 2024-25, mainly driven by higher overseas direct investments, currency and deposits, and reserve assets, according to the latest data released by the Reserve Bank of India…
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