The Chennai Bench of the Income Tax Appellate Tribunal rules that once a taxpayer provides credible documentation, the tax authorities cannot dismiss their explanation solely based on suspicion or assumption, reinforcing a shift towards evidence-based assessments in cash-deposit disputes. The…
The Indian state of Maharashtra proposes comprehensive regulations requiring platform-based delivery, quick commerce, and ecommerce companies to adopt electric vehicles and contribute to rider welfare, marking a significant shift in gig economy oversight. Maharashtra is moving towards a broader regulatory…
Titan Company has announced a significant 65% increase in consolidated net profit in the first quarter, propelled by strong jewellery sales, increased overseas revenue, and a boost in operating margins, as the company navigates market challenges and expands its global…
Punjab-based Behari Lal Engineering announces its ₹302 crore IPO, aiming to fund expansion, equipment upgrades, and sustainability initiatives while maintaining a significant share in domestic metal roll demand and export markets. Behari Lal Engineering, a Punjab-based maker of iron and…
Recent analysis by Kuvera highlights that while small- and mid-cap funds have outperformed over five years, a focus on low-cost passive large-cap funds remains a prudent strategy for long-term investors. The evolving landscape underscores the importance of category choice over…
India’s digital payments regulator has reassured users that Unified Payments Interface transactions will continue to be free for consumers and small merchants, despite ongoing discussions about funding and potential fees. India’s digital payments watchdog has sought to calm speculation that…
India has overtaken China to lead G20 economic growth from 2014 to 2026, driven by infrastructure investments and resilient expansion during global crises, marking a shift in economic power. India has overtaken China to become the fastest-growing economy in the…
As India’s meetings and conferences market surges towards $185 billion by 2034, the absence of city-level convention bureaus threatens to hinder its ability to compete globally and capitalise on the growing MICE industry. India’s pitch for meetings and conferences is…
India’s industrial PCs market is projected to expand steadily over the next decade, driven by factory modernisation and localisation efforts, amid concerns over heavy reliance on imports from China and south-east Asia. India’s industrial PCs market is set for steady…
The Bengaluru Income Tax Appellate Tribunal’s Special Bench rules that notices under Section 143(2) lacking specific scrutiny category information are procedural lapses that can be remedied, potentially impacting ongoing assessments challenged on technical grounds. The Income Tax Appellate Tribunal’s Special…
