The idea, first floated by a parliamentary panel, has gained fresh traction following media reports suggesting that the Ministry of Corporate Affairs (MCA) is considering a new body, tentatively called the Indian Institute of Accounting, which could oversee examinations and…
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HDFC Bank posted a strong FY26 performance despite recent governance-related headlines and leadership changes, with CreditSights noting that these developments are unlikely to have any meaningful impact on its credit profile or stability. The bank reported a 10.9% rise in…
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India’s tax department has asked NRIs and offshore entities to justify investments in unlisted shares, seeking details on fund sources and valuations. Using demat data, authorities are probing deals from 2019–23 for potential tax evasion, round-tripping and money laundering, with…
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EQT expects India to remain a top capital destination in its new Asia fund, with roughly one-third allocation historically. The firm sees strong buyout opportunities driven by promoter exits, especially in healthcare and services. With co-investments boosting capital, EQT targets…
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The deadline extension comes after taxpayers experienced “technical difficulties” in return filing on April 20. In a notification on Tuesday, the Central Board of Indirect Taxes and Customs (CBIC) said the due date for GSTR-3B filing for the month of…
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The Ministry of Electronics and IT has proposed stricter norms mandating continuous, clearly visible labels on AI-generated content throughout its duration under the IT Rules, 2021. The move aims to curb deepfake risks. The public consultation deadline has been extended…
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