Amidst PM Modi’s Cyprus visit, Congress alleges a key figure in the Adani “scam” holds Cypriot citizenship. Jairam Ramesh claims SEBI investigations are hindered by tax-haven countries’ lack of financial information sharing and India’s insufficient pressure. He links a Cyprus-based…
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Meesho has received approval to relocate its base from the United States back to India. The e-commerce firm will demerge its Indian operations from its US parent. This move aligns Meesho’s structure with its Indian business. Other startups like Zepto…
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Tax experts have voiced concerns regarding the overuse of GST audit scrutiny notices under Section 74(A), intended for fraudulent cases, during a GST conclave. They argue that these notices are being issued for genuine discrepancies, leading to unnecessary penalties and…
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Auditors flagged OnePlus Technology India for hosting accounting software on foreign servers, using non-English program codes, delayed employee provident fund payments, and pending tax assessments. The company is addressing issues amid scrutiny from the ED and Income Tax Department and…
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The automotive sector is set to lead salary hikes in FY25, offering an average increase of 10.1%, ahead of the 8.8% average across India Inc, according to Deloitte’s latest study. The hikes are driven by demand for talent in areas…
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India Inc’s operating profit margins are expected to increase by 10 to 40 basis points to 18.2-18.5 per cent in Q1 (April-June) of FY2026, following the sequential recovery over the past few quarters, according to a report released by rating…
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