A parliamentary committee will meet on September 3 to discuss direct tax reforms. The meeting will focus on simplification, rationalization, and ease of compliance. Discussions will also cover the Income-tax Act, 2025, and revenue performance. This session follows a previous…
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Japan Credit Rating Agency (JCR) has upgraded India’s sovereign rating by one notch to A- from BBB+, with a Stable outlook, citing sustained economic growth, stronger financial-sector soundness and policy measures supporting development. India grew 7.7% in real terms in…
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India and Afghanistan have agreed on follow-up measures to strengthen bilateral trade and economic cooperation, including enhanced customs and data-sharing cooperation, improved trade connectivity and regulatory coordination in pharmaceuticals and agriculture, the Commerce Ministry said on Wednesday.
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CPP Investments has committed around ₹2,070 crore ($215 million) to NIIF Infrastructure Fund II, strengthening its partnership with NIIF. The fund will invest in India’s infrastructure sector, focusing on long-term growth themes including urbanisation, digitalisation and the energy transition.
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The Mumbai ITAT stated that one co-owner cannot be held accountable for the total tax discrepancy. The tribunal highlighted that the ownership shares had been explicitly recorded. The lack of action from tax authorities does not validate the taxation of…
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In a bid to boost climate and transition finance, banks are pressing for a lower cash reserve ratio for green deposits. Presently, estimates show that these deposits fall short of the necessary critical mass. A decreased CRR could significantly cut…
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