The ICAI is expanding the mandatory applicability of its Audit Quality Maturity Model (AQMM) in phases, starting April 1, 2026. This expansion includes firms auditing entities related to listed companies, large unlisted public companies, and those raising significant public funds.…
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The Santa Clara-headquartered vendor has tied up with contract manufacturers Sanmina and VVDN to produce campus equipment and data center products, respectively. It is, however, also going to produce other equipment for consumption in India and in the broader Asia…
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Casio India has announced the sale of 28 watch models manufactured within the country, commencing in late July. This initiative aligns with national manufacturing efforts and aims to strengthen the company’s market presence.
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The Lok Sabha has passed the new Income Tax Bill, retaining ITR filing provisions for TDS claims and tax exemptions for anonymous donations to religious-cum-charitable trusts. Professionals with high receipts can now use electronic payment modes.
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Indian consumers are gearing up for a vibrant festive season in 2025, with 92% planning to maintain or increase spending, according to the JioStar Festive Sentiment Survey. The average festive budget is ₹16,500, with apparel, mobiles, and electronics topping shopping…
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The revised Income Tax Bill 2025 has reinstated the Alternate Minimum Tax (AMT) exemption for Limited Liability Partnerships (LLPs) earning solely long-term capital gains (LTCG). The initial draft’s removal of this exemption created uncertainty, potentially erasing the preferential LTCG rate.…
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