India’s government swiftly executed a discreet sale of a 6.5% stake in LIC, raising ₹31,500 crore and enhancing market confidence through strategic timing and silence, while securing regulatory compliance ahead of schedule. India’s government has pulled off an unusually discreet…
India’s proposed extension of a tax exemption until 2041 could solidify its position as Apple’s main iPhone manufacturing hub, signalling a significant shift in global supply chains and investment strategies. India’s move to extend a tax break for foreign firms…
The Supreme Court of India is advocating a pilot project to implement a ‘No Insurance, No Fuel’ scheme, aiming to curb widespread non-compliance with mandatory third-party motor insurance through technological solutions like e-challans. India’s Supreme Court is pushing the Centre…
The Bombay Stock Exchange has introduced a new end-of-day Closing Auction Session to enhance transparency and fairness in determining closing prices, impacting traders and investors with derivatives contracts and benchmark indices. BSE has told investors and trading members to get…
A recent Kolkata CESTAT ruling clarifies that accounting entries alone do not determine taxability, emphasising the importance of legal character over financial grouping in tax disputes, particularly for mixed-income streams. In a ruling that will interest tax teams, finance heads…
India is developing a detailed customs guidebook for its top 100 imports to standardise assessments, reduce delays, and reinforce its free trade agreements, potentially transforming its import landscape and trade efficiency. India is drawing up a detailed customs guidebook for…
As regional peers tighten their policies, the Reserve Bank of India maintains a cautious, data-driven approach, confident that current inflationary pressures are external and unlikely to prompt immediate rate hikes, signalling a divergence in Asia’s policy landscape. The Reserve Bank…
Taxpayers in India face multiple filing deadlines this year depending on income source and audit requirements, with potential penalties for late submissions highlighting the importance of accurate timing during the current income tax season. India’s income-tax filing season is under…
Regulators in India are debating whether to incorporate insurance surety bond exposures into the CRILC database, aiming to close reporting gaps and improve oversight of contingent liabilities amid expanding infrastructure projects. Indian regulators are weighing whether insurance surety bond exposures…
The Reserve Bank of India has unveiled a comprehensive overhaul of deposit pricing, including uniform rates across branches and increased transparency, set to take effect in October 2026, affecting savers, businesses, and foreign inflows. The Reserve Bank of India has…
