A parliamentary committee has identified compliance issues with the new Income Tax Act. They are seeking detailed data from the CBDT on its overall impact. The committee wants to understand changes in taxpayer numbers and revenue collection. Technology-driven tax processes…
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In a pivotal ruling, India’s supreme court has dismissed the regulatory challenges raised by market authorities against the National Stock Exchange. This verdict eliminates a major hurdle for the exchange’s initial public offering, addressing previous controversies over co-location and dark…
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Indian Economy: Japan Credit Rating Agency (JCRA) has upgraded India’s sovereign credit rating from BBB+ to A-, restoring an A rating for India after more than 35 years. The upgrade follows rating increases by Morningstar DBRS, R&I and S&P Global…
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India’s banking system liquidity surplus has surged to a record ₹9.7 trillion ($102.67 billion), surpassing the previous peak seen in September 2021. The sharp increase follows Indian banks raising $127.23 billion through non-resident foreign-currency deposits under the RBI’s scheme, with…
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Mumbai (Maharashtra) [India], Kennect, the incentive compensation management and sales performance management company, today announced the appointment of Puneet Gupta as Chief Business Officer. Gupta will own the company’s commercial engine across sales, marketing and partnerships, and will lead capital…
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With more than 16 years of experience in the hospitality sector, Balla offers a wealth of knowledge in sales, including how to drive revenue growth, create strong sales strategies, manage important accounts, enhance Ramee Group’s sales capabilities, and support expansion…
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