West Asia crisis so far may cost govt Rs 1.35 lakh crore, spending cuts unlikely: ICRA Chief Economist
The West Asia crisis could have a fiscal impact of around Rs 1.in an exclusive interview.
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Indian workplaces face widespread compliance gaps despite corporate efforts: Report
An audit of 52 workplaces across 17 states and union territories found 4,694 compliance gaps, averaging about 90 per site, according to TeamLease RegTech. The report said labour and environmental laws accounted for most violations, with many carrying fines, possible…
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GST officers must prove intent to evade tax before invoking fraud provision: CBIC
GST officers cannot invoke fraud, wilful misstatement or suppression provisions merely because tax has not been paid or a discrepancy is found, the CBIC has clarified. Such provisions can be used only where there is specific evidence of deliberate intent…
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Centre eases GST rules for post-sales discounts, no prior agreement needed from November 1
The Centre eases GST rules on post-sales discounts from November 1, no longer requiring a prior agreement, which is expected to help FMCG and pharma companies and retailers.
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India Inc wants AI talent to transform manufacturing space
Manufacturing firms are increasingly focusing on integrating artificial intelligence into their operations for efficiency. Companies such as Honeywell Technologies and RPG Group are actively searching for AI and digital leaders. These leaders are expected to bridge the gap between technological…
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GAMP Services Limited Files DRHP with SEBI for Proposed IPO
New Delhi [India], GAMP Services Limited, an integrated validation, qualification, compliance consulting and engineering solutions company catering primarily to regulated life sciences, pharmaceutical and high-tech industries, has filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board…
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