The tech companies have also challenged the NCLAT’s May 1 order that corrected its “inadvertent error” in its original judgment, reinstating CCI’s two key data-related directives, which require tech gaint to disclose its data policies and refrain from leveraging billing…
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The use of simplified language in the new Income Tax Bill, 2025 marks a significant shift in making the provisions easier to understand, reducing the potential for misinterpretation and enhancing taxpayer-centricity and compliance, according to Finance Minister Nirmala Sitharaman.
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The Central Board of Direct Taxes will intensify efforts to combat tax evasion. They plan to use data analytics and artificial intelligence. This will help identify discrepancies in income reporting. The Income Tax Department has access to vast digital transaction…
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Shares of Reliance Infrastructure and Reliance Power plummeted after Enforcement Directorate (ED) raided Anil Ambani’s premises concerning a Rs 3,000 crore Yes Bank loan fraud. The ED’s investigation revealed irregularities in loan approvals and potential bribery. Both Reliance Infrastructure and…
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Walmart will soon introduce four AI super agents. These agents will assist customers, employees, suppliers, and developers. The aim is to enhance shopping and streamline operations. These agents will replace existing AI tools. Walmart hopes to boost e-commerce growth with…
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Anil Ambani’s Reliance Communications has been accused of loan fraud exceeding ₹14,000 crore, according to ED sources. SBI has labelled RCom and Ambani as “fraudulent” under RBI norms and plans to approach the CBI. Canara Bank was also defrauded of…
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