Finance Minister Nirmala Sitharaman expressed interest in the discussions surrounding stock investment taxes and their implications. She mentioned that changes to these taxes are highly anticipated ahead of the Union Budget. Additionally, Sitharaman noted that the Reserve Bank of India…
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CBDT has launched the SAKSHAM NUDGE campaign aimed at tax professionals to encourage timely filing of tax audit reports. The campaign targets those who filed fewer than 50% of their reports in the previous financial year. Messages were sent via…
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India’s fast-moving consumer goods sector is under pressure as inflation reshapes how consumers spend their money. Rather than splurging on high-end products, buyers are preferring smaller, budget-friendly options. Data suggests that inflation tends to shrink average FMCG pack sizes. Notably,…
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First Games Technology had received a show-cause notice from the GST department on April 28, 2025, proposing a tax liability of ₹5,712 crore, excluding applicable interest and penalties.
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Jio Platforms has expressed concerns regarding potential competition from satellite broadband which could undermine their advantages. Rising inflation may put pressure on profit margins, making it harder to adjust pricing accordingly. The company highlighted important challenges related to customer acquisition…
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Finally, the much-awaited deal involving IDBI Bank has gone through. For Rs 52,878 crore, Canadian giant Fairfax will take control of the marquee headquarters of IDBI Bank, standing tall near the crashing waves at Cuffe Parade. This is great news…
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