Haryana is introducing changes to the GST Act to reduce harassment of traders by transferring scrutiny powers to higher officers, setting up CCTV for transparency, and reducing audit frequency. Small taxpayers with dues under Rs 1 lakh get a 100%…
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If profits are overstated due to unreported losses, the entire financial picture is distorted, can’t just look at the net worth, stated former ICAI President Amarjit Chopra. Chopra said that treasury operations and foreign exchange liabilities should have been thoroughly…
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Haryana CM Nayab Singh Saini requested GST exemption for 10 agricultural tools used in crop residue management to address stubble burning and air pollution. Saini highlighted the importance of advanced technologies and subsidies for farmers and emphasized that removing GST…
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India seems to be preparing for US President Trump’s upcoming tariffs on imports by partnering with Elon Musk’s Starlink Inc. The Modi government is shifting its trade approach to appease the US, potentially disadvantaging local industry giants who have thrived…
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Over the years, private companies have steadily reduced their debt, leading to stronger balance sheets. This has been driven by low capital expenditure (capex), government initiatives to boost infrastructure, fresh equity issuances, and improved capacity utilization. Many companies have also…
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A Morgan Stanley report on Tuesday projected that it expects consumer price index (CPI) inflation in India to average 4 per cent in F26, which implies cumulative easing of 75bps by the RBI (compared to 50bps projected previously) in the…
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