After the implementation of GST in the country the tax payers base has increased and tax evasion reduced, according to a research report by Bank of Baroda.
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Reserve Bank Governor Sanjay Malhotra lauded the recently signed free trade agreement with the UK, anticipating its positive impact on various Indian sectors. He emphasized the necessity for more such bilateral pacts, given the decline of multilateralism, mentioning advanced FTA…
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Netrasemi had raised ₹18.3 crore in its last two rounds from various investors, including Medimicrochip Labs, Indian Institute of Management (IIM) – Kozhikode, and Unicorn India Venture, according to Tracxn.
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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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