The Income-Tax Department issued a reminder to taxpayers, warning that failing to disclose foreign assets and income in their tax returns could result in a significant penalty of Rs 10 lakh. This advisory is part of a campaign to ensure…
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Birla noted that CAG has not only transformed its auditing systems but has also introduced new innovations which have ensured that its work is marked by credibility and authenticity.
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Air India has officially merged with Vistara, aiming to establish a world-class airline. The merger, completed in just over two years, will see Air India adopting Vistara’s operational practices and standards to enhance customer experience and achieve operational and financial…
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“MCs can significantly enhance them (non-tax revenues) by applying appropriate and adequate fees and user charges for essential services such as water supply, sanitation, and waste management while also ensuring seamless availability of high-quality public services,” it said.
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India saw Industrial production grew by 3.1%, the PMI climbing to 57.5. FPI showed a net outflow of ₹96,358 crore, merchandise exports at 19.08%, GST revenue at Rs 1.87 lakh crore and inflation increased to 6.21% in the month of…
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Ten companies — five global and five local — were selected to receive sops under the smartphone PLI scheme with an overall financial outlay of Rs 40,951 crore, which was later reduced to Rs 38,601 crore.
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