The proposal seeks to address a longstanding industry demand by examining whether businesses operating across multiple states can be administered by a single central GST authority instead of dealing with multiple field formations for different GST registrations.
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An ETCFO analysis of annual reports and annual returns filed by some of India’s largest listed companies shows Larsen & Toubro (L&T) CFO R Shankar Raman emerged as the highest-paid finance chief in FY26, drawing ₹54.02 crore, followed by Reliance…
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India’s net FDI inflows are expected to rebound to $15 billion in fiscal year 2027. This rebound will be supported by healthy gross inflows and moderating repatriation outflows. Policy measures and a nuanced FDI framework are also expected to boost…
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Corporate lending at top Indian private banks surged significantly in the June quarter. This corporate loan growth far outpaced retail credit expansion, reaching 26% on average. Higher bond yields pushed companies back to mainstream lenders for working capital needs. This…
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Banks anticipate a surge in FCNR-B deposits before the September deadline. Initial inflows have been below expectations, but partnerships are being forged. Demand from non-resident Indians remains strong, especially from the Middle East. Lenders are intensifying outreach efforts to attract…
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India’s finance ministry confirmed no proposal exists to scrap equity long-term capital gains tax. Domestic investors will continue paying the 12.5% tax rate on qualifying equity gains. This rate matches that applied to foreign portfolio investors for equity investments. Recent…
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