Delhi High Court asks CBDT to clarify tax on partners' bonuses, stays recovery
Those grappling with such orders argue that the Income tax (I-T) department stands on flimsy ground as their firms have already paid tax on such payments.
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Earnings growth to double from FY27 as BFSI sector stabilises: MOSL Report
The Indian banking and financial services (BFSI) sector is poised for a gradual recovery after a challenging FY26, with improving earnings visibility and structural tailwinds expected to drive medium-term performance, according to a recent report by Motilal Oswal Financial Services…
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Import duty relief to bring down cost pressure, benefit downstream sectors: India Inc
Industry chamber PHDCCI said the measure directly lowers input costs for downstream industries by removing customs duty, thereby reducing landed prices of imported feedstock and intermediates. This cost reduction is expected to lead to margin protection, particularly for sectors with…
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Jan Vishwas law will ease compliance burden on businesses: India Inc
Parliament on Thursday passed the Jan Vishwas (Amendment of Provisions) Bill, 2026, to amend 784 provisions in 79 central laws for decriminalising and rationalising minor offences to further improve the business environment and check harassment of people.
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India Inc seeks export ban on key inputs, QCO relief
There were also suggestions for temporary relaxation or fast-track approvals related to import restrictions, quality certification or standards requirements for critical raw materials especially for micro, small and medium enterprises to enable them to source supplies from alternate countries.
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Myntra CEO Nandita Sinha's exit is latest at top level for Flipkart group
These were followed by M-Now in 2024, enabling ultra-fast fashion delivery within 10-30 minutes in select locations. In January, Sinha said that the M-Now service was supporting around 1 lakh stock keeping units (SKUs) across over 1,000 brands.
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