Ernst & Young has filed an appeal with India’s Supreme Court against a Delhi High Court ruling that deemed reimbursements for expatriate staff as taxable fees for technical services, potentially reshaping international staffing arrangements in India. Ernst & Young has…
India has imposed emergency directives to maximise coal utilisation and maintain electricity supply amid critically low stockpiles and reduced hydropower output, highlighting mounting supply challenges in the country’s power sector. India’s power sector is drawing down coal stockpiles at a…
India prepares to overhaul its GST framework with process reforms designed to ease compliance burdens, enhance efficiency, and shift towards a more taxpayer-centric approach in anticipation of the 2026 GST Council meeting. India’s GST regime is set for another round…
EverBrands India files for a ₹600 crore IPO to fund new Subway outlets, repay debts, and expand its food platform amid rising revenue in quick service restaurants and beverages. EverBrands India, the Subway restaurant operator, has filed draft papers with…
A consumer commission in Amritsar has directed a bank to compensate a man Rs 1.5 lakh after failing to inform him of a lapse in his daughter’s life insurance policy, highlighting concerns over the administration of government-backed schemes through banks.…
Financial institutions are accelerating their adoption of new technology by shifting from traditional procurement to early-stage ‘sandbox’ testing and reforming governance frameworks to keep pace with rapid innovation in AI and digital assets. Financial institutions are racing to keep up…
A common tax-saving strategy involving Hindu Undivided Families (HUFs) is being challenged by recent legal clarifications, highlighting that income from transferred assets remains taxable in the original owner’s hands, limiting the effectiveness of passing wealth through HUFs for tax benefits.…
As younger consumers manage money through their phones, the latest online credit cards focus on user control, transparent costs, and seamless integrations like UPI, shaping a new era of digital financial management. For younger consumers who increasingly manage money through…
Anupam Rasayan India completes a ₹1,750 crore stake in Bliss GVS Pharma, expanding its reach into finished dose medicines and integrated pharmaceutical platforms amid its ongoing expansion in the speciality chemicals and healthcare sectors. Anupam Rasayan India has completed its…
Experts advise beneficiaries to pause and assess their inherited assets before rushing into investments or decisions, ensuring long-term security and growth. When a windfall arrives through inheritance, the smartest first step is often not to act immediately. Financial writers and…
