Tuhin Kanta Pandey, Chairperson of Securities and Exchange Board of India (SEBI), on Tuesday confirmed a probe into the Multi-Commodity Exchange (MCX) breakdown, calling for a deeper analysis.
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The Bombay High Court has cancelled a tax notice because the Income Tax Department used Artificial Intelligence to draft the notice citing three non-existing judgements. The court found the department relied on non-existent judicial rulings. This process was deemed unfair…
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GST rate cuts have led to retail price reductions and increased household spending, which have offset the tariff-related impact on India’s exports, a report said on Tuesday.
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Company registrations surged 26% in October, with LLPs up 38%, driven by optimism over GST cuts and strong economic outlook. This growth, despite external headwinds, marks a favorable base effect and a sustained trend of increased incorporations, signaling investor confidence…
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Institute tells MCA that audit domains must remain with respective regulators; calls for registration based on partner majority.
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The former ICAI secretary Ashok Haldia told ETCFO that ECL models will require unbiased consideration of macroeconomic forecasts and forward-looking information, which may be intrinsic to the bank, its business, or derived from external conditions, and their linkages with expected…
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