A government committee in New Delhi is reviewing the 63-year-old Income Tax Act, seeking public input in four key areas: simplification, reducing litigation, easing compliance, and eliminating obsolete provisions. This effort follows past attempts during the tenures of P Chidambaram…
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DGFT confirms that exporters do not need a Registration-cum-Membership Certificate to receive benefits under schemes such as duty drawback and remission of state levies. These include schemes like RoSCTL and RoDTEP. Import of exhibits for fairs will also follow specific…
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India’s consumer durables sector is set to grow, creating 500,000 new jobs by 2030. This growth is driven by rising domestic demand, sustainability focus, and indigenisation. The market could reach Rs 3 lakh crore by 2029. Incentives for energy-efficient products…
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India Inc increased CSR spending on non-traditional segments like sports, art, culture, and women empowerment by 68% to ₹1,800 crore in 2022-23. Education received the highest CSR funds totaling ₹10,085 crore, while health spending decreased to ₹6,830 crore. HDFC Bank…
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This festive season, hiring executives highlight that businesses are reshaping their workforce to meet evolving consumer demands and promote diversity, while facing potential risks from inflation and geopolitical tensions.
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Mumbai-based EPS is backed by investors like the UK’s Apis Partners and Dutch Entrepreneurial Development Bank FMO. The licence has made it the country’s fifth white-label ATM operator alongside Tata Communications Payment Solutions, India1 Payments, Hitachi Payment and Vakrangee. The…
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