Shareholder votes will decide Rashmi Saluja’s fate as chairperson of Religare Enterprises. Advisory firms oppose her reappointment. They cite legal issues and governance concerns. Religare’s board supports Saluja. The company says her compensation practices followed regulations. The vote will take…
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Tata Trusts has implemented stricter monthly reviews of projects to control operational costs and improve the impact of its philanthropic efforts. An internal audit revealed discrepancies, prompting enhanced monitoring and reporting. The Trusts may prioritize grants over direct implementation projects…
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India is bracing for its third budget in 12 months. Meanwhile, economic growth has been on a downward spiral as tepid income growth led to penny-wise people further cutting back on consumption— from cars and bikes to even items of…
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The 55th GST Council meeting has unveiled a series of pivotal recommendations designed to deliver targeted relief, streamline compliance processes, resolve industry ambiguities and promote trade facilitation, experts said on Sunday.
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India is introducing Unique Identification Marking (UIM) for specific goods like tobacco to combat tax evasion. Non-compliance will result in penalties. The GST Council approved this ‘track & trace’ mechanism, defining UIM as a secure, non-removable digital mark. This system,…
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Then RBI governor Shaktikanta Das in his last monetary policy committee meeting said, “policy priority at this critical juncture has to be on restoring the inflation-growth balance,” emphasising the need to control inflation. He added, “The fundamental requirement now is…
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