The stiff resistance from local incumbents and their aggressive positioning across ministries dealing with automobiles-related issues – from heavy industries to road transport and commerce and industry – is also expected to result in a dilution of benefits for electric…
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Income Tax Audit: The tax audit report submission deadline for specified taxpayers is September 30, 2024 for FY 2023-24 (AY 2024-25). If you miss this deadline you need to pay Rs 1.5 lakh penalty or 0.5% of total sales, whichever…
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GSTN has restored July and August 2017 GST returns data on the Common Portal, addressing taxpayer concerns. Experts advocate for collaboration among GSTN, the GST Council, and CBIC to ensure that advisories align with evolving GST regulations.
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Bengaluru saw slower growth than the rest of the country, with the total number of GCC units across the country increasing 62.5% to 2,975 from 1,830 during the five-year period. According to Sangeeta Gupta, chief strategy officer, Nasscom, Bengaluru already…
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Wakefit cofounder Chaitanya Ramalingegowda attributed the increase in revenue to the company’s focus on strengthening its omnichannel presence, with some stores reaching maturity and a new wave of outlets opening, along with the benefits of an automated mattress factory.
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According to him, the industries that are more capital-intensive are growing faster, but labour-intensive industries are not growing.
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