Tata Motors’ inaugural Tax Transparency Report reveals a slight decrease in global tax contributions for FY25, totaling Rs 38,892 crore. Direct tax contributions saw a dip, while indirect contributions witnessed a significant rise. Despite a decrease in consolidated net profit,…
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A panel led by Niti Aayog is set to propose tax incentives and simplified compliance for Bihar, Jharkhand, Odisha, West Bengal, and Andhra Pradesh. The roadmap, aligned with the Purvodaya mission, aims to boost manufacturing, skill development, and infrastructure. State-specific…
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Apple has surpassed Xiaomi in Indian smartphone sales during the first quarter, securing a spot in the top five while Xiaomi’s ranking fell to sixth. Vivo leads the market, followed by Samsung, Oppo, and realme. Xiaomi’s decline is attributed to…
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The Reserve Bank of India (RBI) announced a record Rs 2.69 lakh crore dividend to the government for FY25, driven by gains from US dollar sales and interest income. This substantial payout, approved at the 616th board meeting, will help…
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India, US trade: Despite a reported USD 44.4 billion trade deficit, the US actually enjoys a USD 35-40 billion surplus with India when factoring in revenue from education, digital services, and other sectors. This challenges the narrative of India unfairly…
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Facing intense competition and pricing pressures in the core payments business, large payment aggregators in India, such as PayU, Razorpay and PhonePe, are developing and deploying fraud detection software platforms for banks and fintech companies. They are pitching these tools…
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