Not-so-happy new financial year!
The latest official projections peg India’s GDP growth at 7.4% and inflation at 2.1%. These estimates will change to incorporate developments in the Persian Gulf over the next few weeks.
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Salary hikes at India Inc to be steady at 9.1% this year: Report
The survey, based on responses from about 500 companies, points to a shift in increment budgets towards junior management and individual contributors, who are expected to receive the highest average increases of 9.7%.
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Citykart appoints Rohit Goyal as CFO
The appointment comes at a time when Citykart is scaling, having recently raised Rs 538 crore in Series B funding and clocking more than 40 per cent growth, as it deepens its presence in emerging markets.
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Centre notifies GST fund settlement rules to streamline Centre-state revenue sharing
The new framework lays down a comprehensive mechanism for settlement of funds arising from cross-utilisation of input tax credit and apportionment of integrated GST between the Centre and states. It seeks to ensure seamless accounting and timely transfer of funds…
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IBC 2025 reforms to boost timelines, creditor rights, credit ecosystem, say experts
The Lok Sabha passed the Insolvency and Bankruptcy Code (Amendment) Bill, 2025, introducing significant changes to India’s insolvency framework. Key amendments focus on faster resolution timelines, enhanced creditor control, and structural reforms like cross-border and group insolvency. While experts are…
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NFRA inspection flags independence gaps, PPE audit lapses and weak arm’s length testing at SRBC & Co LLP in FY24 review
The NFRA has identified gaps in auditor independence checks, deficiencies in audit procedures for property, plant and equipment, and weak testing of related party transactions in its latest inspection of SRBC & Co LLP, even as the firm committed corrective…
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