The ministry is expected to take up Nasscom’s demand to scrap the Reserve Bank of India’s proposed new Export Declaration Form (EDF) for software exports, extend submission timelines and remove invoice value limits, at the inter-ministerial level, officials said.
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The clampdown on H1B visas is a chance for Indian companies to raise their standards. I spoke to a few people while penning this piece and realised that many are planning to shift to other countries such as Canada, Australia,…
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The Reserve Bank of India (RBI) is set to bolster digital payment security by mandating two-factor authentication across India’s payment ecosystem from April 1, 2026. This new framework requires at least two distinct authentication factors, including a dynamic element for…
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India’s shipbuilding industry is poised for a major boost following the government’s approval of a ₹69,725 crore stimulus package. This initiative aims to enhance domestic capacity, improve financing, and support shipyard development, potentially generating 30 lakh jobs and attracting ₹4.5…
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A taxpayer faced issues due to an incorrectly filed Income Tax Return by their Chartered Accountant. Despite refiling with a new CA and informing the Income Tax Department, they received a tax demand of ₹85,000. Experts advise rectification, appeal, and…
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EY India has introduced the Automated Regulatory Tool (ART), a cloud-based platform designed to streamline regulatory reporting for banks and financial institutions. Built on Snowflake, ART automates data ingestion, validation, and submission, potentially handling up to 80% of the reporting…
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