The Supreme Court has once again dismissed the income tax department’s review petitions concerning the taxation of software payments to non-residents. The court reiterated its March 2021 ruling that such payments are not royalty, as end-user licenses do not transfer…
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India has updated its rules for sharing tax information with other countries. New rules make foreign tax requests high priority, requiring information within 15 days. This aims to speed up cases and stop tax evasion. India will also track its…
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India’s economic growth is set to slow in the upcoming fiscal year. This slowdown is attributed to the diminishing impact of recent tax cuts and escalating crude oil prices. These factors will affect consumption, investment, and inflation. The economy faces…
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Tata Consumer Products is set for strong growth by 2027. The company will use its popular brands and varied products to achieve this. Smart price adjustments will help manage rising costs. Easing coffee prices and stable tea costs also support…
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India’s gold imports are rising, prompting industry bodies to suggest ways to curb them. Proposals include recycling household gold and limiting the use of imported gold to jewellery exports. Jewellers are being asked to participate in gold monetisation programs. These…
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Indian businesses are urged to embrace bold thinking, fearless innovation, and strategic investment. Geopolitical shifts demand a new global economic order focused on resilience and technological capability. The government is implementing measures to strengthen the economy and safeguard against global…
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