A GST Appellate Tribunal has emphasised the necessity of invoice-specific verification prior to denying input tax credit due to discrepancies between GSTR-3B and GSTR-2A, highlighting procedural lapses and the importance of a proper hearing in tax adjudication. A GST Appellate…
As house prices rise faster than savings, buyers are increasingly relying on retirement funds to finance home purchases, prompting a reassessment of long-term financial strategies amidst rising affordability pressures. Buying a home while still building retirement savings is less a…
As Mumbai ramps up efforts to ensure accurate electoral rolls through intensive registration drives, scammers exploit the process with fake links and malicious apps, causing significant financial losses to vulnerable residents. Mumbai election officials have been told to tighten scrutiny…
The Employees’ Provident Fund Organisation prepares for a major updates with EPFO 3.0, promising faster and easier withdrawals via UPI and EPF-linked ATMs, although the rollout is phased and not yet nationwide. EPFO 3.0 is being positioned as a major…
Private nuclear power developers in India are advocating for their sector to be recognised as green to access new financing opportunities, as policy reforms seek to expand nuclear capacity and private participation. Private nuclear power developers in India are pressing…
August saw the lowest average daily turnover in India’s equity derivatives market in over a year, with new trading rules contributing to a sharp decline in futures and options activity across major exchanges, as activity begins to show signs of…
Indian fintech companies like Pine Labs and Paytm are expanding into agentic payments, leveraging AI to automate and optimise transaction processes, signalling a new frontier in digital payments and operational efficiency. Indian fintech groups are rapidly expanding into agentic payments,…
India’s Congress party challenges the government’s latest GDP data, arguing that revisions and statistical tricks mask a weaker economic reality amidst claims of rapid expansion. Congress on Wednesday sharpened its attack on Narendra Modi’s government over India’s latest growth figures,…
The Reserve Bank of India has amended investment rules for urban co-operative banks, enabling them to buy shares in the Indian Digital Payment Intelligence Corporation to join the country’s central digital payment fraud monitoring platform, strengthening fraud detection and risk…
Shares of India Glycols jumped nearly 5% after the company’s recent split into three focused entities took effect, marking a significant restructuring that investors are closely watching for future prospects and listings. India Glycols shares rose as much as 5%…
