From birth to death, one has to pay tax at every step: AAP MP Raghav Chadha in RS
The AAP leader said almost everything is taxed and due to this FMCG sales are down, cars aren’t selling as taxes have choked the economy.
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Restaurant services in hotels with room rent above Rs 7,500/day fall under 18 pc GST: CBIC
Hotels charging room rent above Rs 7,500 a day will be considered ‘specified premises’ from April 1, 2025. Restaurant services in such premises will attract 18% GST with input tax credit. The ‘declared tariff’ concept will be replaced by ‘value…
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India Inc raises record Rs 3.8L crore in FY25 from equity, debt markets
Indian companies raised a record Rs 3.8 lakh crore in FY25 through IPOs and QIPs, apart from debt. Including rights offers, total funds raised approached Rs 3.9 lakh crore. Major IPOs included Hyundai Motor, Swiggy, and NTPC Green Energy. Debt…
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FY26: Need a spring of jobs and private capex
March-end is always a deadly combination. I’m certain that many offices will be working through the weekends, despite a holiday on Monday. Every department has its task — wrapping up the books, closing accounts, and clearing dues. There’s a palpable…
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Airbus increasing sourcing from India but a plant will have to wait: CEO
Although the company currently has no plans for a final assembly line in India, it highlights India’s strength in engineering and manufacturing sophisticated systems.
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Tamil Nadu leads in electronics goods exports; clocks new high of $12.62 bn
The state accounted for 37.09per cent of India’s electronics goods exports of $34.02 billion from April 2024 till last month. Analysts said it is on track to achieve $20-22 billion in annual electronics exports by 2027-28.
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