Introduced seven years ago, the Goods and Services Tax (GST) has streamlined compliance and boosted tax revenues, but challenges persist with fake invoices and fraudulent registrations causing tax evasion concerns. Despite this, GST has simplified the tax regime, increased taxpayer…
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Food delivery company Zomato said it has received a tax demand from the Karnataka authorities, aggregating to Rs 9.5 crore. This is the latest of multiple orders the company has received previously; the last was Rs 11.82 crore in April.
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Indian companies like Mahindra and Aditya Birla Group are increasingly focusing on internal talent pipelines for leadership roles, showcasing a shift towards nurturing seasoned professionals for longer tenures within the organization.
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GST, implemented on 1st July 2017, has revolutionized India’s taxation system. Parag Mehta and Ankit Joshi explore its achievements, challenges, and future expectations in this insightful analysis.
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ITC chairman and managing director Sanjiv Puri’s net remuneration in FY24 jumped 80% to ₹13.11 crore (₹7.28 crore in FY23), while his gross remuneration was ₹28.6 crore. Puri’s gross payout by way of performance bonus, long term incentives and commission…
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Tax experts say the international tax treaty, which Republicans strongly oppose and requires a two-thirds majority in the US Senate to pass, faces significant challenges. Without US ratification, meeting the OECD tax deal’s implementation conditions to reshape the global tax…
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