The Taxation and Other Laws (Amendment) Bill, 2026, was tabled, proposing significant changes to tax laws. Banks and payment providers will not charge for notified electronic payment modes. Tax exemptions are proposed for foreign investors in government securities and for…
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DVS Advisory Group and Whitman Advisory have formed a strategic alliance. They plan to acquire US accounting firms with over $250 million in revenue. This partnership aims to build a globally integrated professional services platform. The initiative will strengthen the…
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Indian stocks experienced volatility on Tuesday amid concerns over a new closing auction. This mechanism, introduced this week, could distort closing prices before weekly derivatives contracts expire. The Nifty 50 index fell 1.2% while the BSE Sensex traded lower as…
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A parliamentary committee proposed limiting the National Financial Reporting Authority’s powers. It also recommended reducing proposed penalties and preserving government oversight. The panel backed decriminalizing business laws and rationalizing penalties for non-compliance. It cautioned against regulatory overlap with the Institute…
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Bill extends electronics manufacturing incentives till FY41, simplifies data centre rules and unveils fresh tax relief for government securities and diamond trade.
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The Rajya Sabha approved the MSME Development Amendment Bill, 2026, on Monday. This legislation aims to expedite delayed payment dispute resolutions for small businesses. It also seeks to improve cash flow and strengthen the sector’s financial framework. Opposition members disrupted…
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