Companies can now file their financial statements and annual returns for the financial year 2024-25 until January 31, 2026. This extension is granted without any additional fees. The Ministry of Corporate Affairs made this decision following requests from various stakeholders…
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India stands out as a resilient growth story among major economies. Domestic demand, easing inflation, and leadership in key sectors support this outlook. UBS highlights that countries with strong internal drivers are better positioned to navigate global volatility. India’s expanding…
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Contrary to fears of job losses, Artificial Intelligence is creating new opportunities in India, with the AI talent base projected to double by 2027. Government initiatives like FutureSkills PRIME are actively reskilling and upskilling the workforce in emerging technologies. AI…
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India has imposed a three-year safeguard duty of 11% to 12% on select steel imports, mainly to curb shipments from China. The tariff will start at 12% in the first year, ease to 11.5% in the second, and fall further…
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Using credit card users for ‘money rotation’ to earn rewards can result in tax notice if no proper explanation is given. This practice, where money is cycled through cards without real spending, is now classified as ‘manufactured spending’. Tax officials…
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Over the last few years, New Year’s eve has marked a peak for deliveries, executives at the companies and retail channels said. Restaurant chains are looking to their own apps to fill in the gaps or have reached out to…
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