Indian IT shares surged on Tuesday, extending a rebound. Companies like Infosys and TCS saw significant gains. This rally follows a sharp correction that made sector valuations attractive. A weaker rupee also supported IT stocks. Goldman Sachs maintained a neutral…
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The India-EU Free Trade Agreement will be signed by the end of 2026. It will be made operational quickly. This deal will cut tariffs on over 90 percent of goods. European companies will gain access to India’s economy. A bilateral…
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Haryana’s cabinet has approved a One-Time Settlement Scheme for outstanding dues under pre-GST tax laws. This scheme, starting June 1 for 120 days, aims to reduce litigation and speed up recovery. Taxpayers can apply online. Significant waivers on tax, interest,…
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The National Company Law Appellate Tribunal has rejected Paradeep Phosphates’ plea for Entry Tax exemption in Odisha. The tribunal upheld a lower court’s decision, stating the claim was time-barred. Paradeep Phosphates sought exemption under a rehabilitation scheme approved in 2008.…
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Delhi government slashed VAT on Aviation Turbine Fuel from 25 per cent to 7 per cent , a move expected to benefit airlines and passengers. This decision, in effect for six months, aims to boost economic activity and connectivity despite…
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Maharashtra has cut Value Added Tax on Aviation Turbine Fuel to 7 percent for six months. This decision aims to ease the burden on airlines facing high fuel costs. The move is expected to help stabilize airfares during the summer…
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