Devyani International has appointed Manish Dawar as its new President and Chief Executive Officer. This leadership change comes as the quick service restaurant major prepares for a significant transformation. Dawar will oversee the proposed merger with rival Sapphire Foods. The…
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Ride-hailing platform Uber on Wednesday said it has appointed Indian-origin Balaji Krishnamurthy as its chief financial officer.
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A significant 88% of individual taxpayers have opted for the new tax regime, with the government not planning a sunset clause for the old regime. The new regime offers lower tax rates and exemptions for those earning up to Rs…
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Foreign companies offering cloud services globally will benefit from a 20-year tax holiday. This incentive is available to those using MeitY-notified data centers in India. Overseas firms face no risk of their global income being taxed in India. The move…
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Foreign cloud providers in India will receive a 20-year tax exemption on global income if they use notified Indian data centres and sell via local resellers. Domestic profits remain taxable, with a 15% safe-harbour for related entities. The move aims…
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With the new excise tax on cigarettes set to drive up prices, authorities may unwittingly trigger a rise in clandestine cigarette trade. This could pose challenges for tax collection efforts, while farmers dedicated to FCV crops might experience a slump…
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