The Reserve Bank of India (RBI) will continue to promote innovations in payment systems with soft touch regulations and expand the reach of UPI for more efficient cross-border payments. In 2025, challenges such as high cost, slow speed, and lack…
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Union minister Nitin Gadkari urged the industry not to consistently demand tax reductions, emphasizing the need for funds to implement welfare schemes. He projected a reduction in logistics costs in India to 9% within two years, making the country more…
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The Federation of Hotel & Restaurant Associations of India (FHRAI) has urged the government to delink the Goods and Services Tax (GST) on Food & Beverage (F&B) services from hotel room tariffs. The association argues that this will benefit the…
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IndusInd Bank’s net worth is set to decline by approximately Rs 1,577 crore, impacting its fourth-quarter earnings. The drop follows the bank’s disclosure of discrepancies in its derivatives transactions over the past five to seven years.
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A key factor supporting future REIT growth is the increasing demand for institutional-grade real estate, particularly from IT, banking, financial services, and global capability centres.
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The proposal in the Income Tax Bill, 2025 to allow professionals from ICMAI and ICSI to conduct tax audits has sparked a fierce debate. Is broadening the scope of tax audits necessary, or does it risk undermining the integrity of…
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