Oil prices increased as President Donald Trump reimposed a naval blockade on Iranian ports. Iran launched retaliatory strikes on United States infrastructure in the region. Brent and West Texas Intermediate crude oil reached their highest levels in weeks. Attacks deepened…
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Fairfax Holdings aims to secure a major stake in IDBI Bank through an improved offer. The collaboration with the government and LIC is set to yield about fifty-three thousand crore rupees from their combined stakes. This groundbreaking investment will set…
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Jubilant FoodWorks Ltd has received a GST demand notice for Rs 46.9 crore. The company stated it will challenge the GST department’s notice. This notice alleges incorrect input tax credit reversal while filing GST returns. Jubilant FoodWorks believes the notice…
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Online gaming firms have asked the Supreme Court to review its recent judgment. This judgment upheld the 28% Goods and Services Tax on the sector. The companies also challenge the court’s decision on retrospective tax demands. These demands from tax…
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India’s net direct tax collections recorded a robust 16.4 per cent year-on-year growth to Rs 6.51 lakh crore as of July 13 in the current financial year, driven by higher corporate tax, non-corporate tax, and securities transaction tax (STT) collections,…
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SMBC Group on Tuesday has named Rakesh Garg as its Chief Executive Officer and Managing Director of SMBC India following approval from the Reserve Bank of India.
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