A campaign has begun, urging taxpayers to review and correct their income tax returns. The department is taking action against intermediaries involved in issuing bogus receipts. Taxpayers are encouraged to voluntarily update their returns to avoid penalties.
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India’s top business leaders convened to discuss the nation’s economic trajectory, acknowledging both global challenges and domestic strengths. They highlighted rural transformation, political stability, and entrepreneurial spirit as key confidence boosters. However, concerns linger over innovation, R&D investment, and the…
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The Confederation of Indian Industry (CII) has urged the government to prioritize investments for sustained economic growth, recommending a 12% increase in central capital expenditure and a 10% rise in state capex for FY27.
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The share of such jobs in senior leadership mandates is set to increase to 20-25% from about 10% at present, according to her. Demand is emerging from industrial clusters such as Coimbatore, Mysuru, Rourkela, Dholera, Jaipur, the outskirts of Bengaluru…
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Bankers said the move will delay margin recovery since they cannot cut deposit rates sharply due to stiff competition from alternative investment avenues such as mutual funds.
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The Institute of Chartered Accountants of India is set to propose a clear division of responsibility between principal auditors of corporate groups and those auditing subsidiaries. This move aims to ensure financial statement quality and establish accountability. The recommendations will…
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