The 56th Goods and Services Tax (GST) Council meeting on Wednesday approved a wide set of procedural and institutional reforms, including the rollout of the GST Appellate Tribunal, faster refund processes, and simplified registrations, aimed at easing compliance and reducing…
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The GST Council has approved significant reforms, effective September 22, 2025, streamlining rates and easing compliance. A simplified two-slab structure of 18% and 5% will be implemented for most goods and services, with a 40% rate for sin and luxury…
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Nisus Finance Services, through Nisus Finance Projects LLP, has acquired a majority stake in New Consolidated Construction Company Ltd. (NCCCL) via a management-led buyout. The deal includes a Rs 70 crore primary growth capital infusion to strengthen NCCCL’s balance sheet.
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Urban Company is betting on its new Insta Help service, which offers quick access to trained house-helps, to boost user engagement and repeat usage. Currently available in select cities, Insta Help aims to fulfill service requests within 15-30 minutes, targeting…
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In response to Washington’s tariff hike, the Indian government is preparing a support package for exporters, potentially including credit and liquidity measures akin to those during the Covid-19 pandemic. The focus is on aiding MSMEs in sectors like textiles, gems,…
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Amidst high tariffs imposed by the US, the government has formed a committee to address tax and export clearance issues faced by manufacturing units. The committee, comprising representatives from various ministries and industry bodies, will examine existing tax structures and…
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