Foreign institutional investors and the Bank for International Settlements must now file Form 173A, detailing their government securities holdings and related income, to claim exemptions on interest and capital gains. The Central Board of Direct Taxes has made a new…
A 2024 amendment offers a second look at certain input tax credit claims from 2017-18 to 2020-21 that failed solely because they were filed late, while leaving fraud and other eligibility disputes untouched. According to an explainer on The Tax…
IDBI Bank shares fell 2.63% to ₹80.10, dropping below Fairfax Financial Holdings’ proposed ₹81-a-share price despite the bid clearing the lender’s valuation benchmark. IDBI Bank shares slipped on Wednesday, falling to ₹80.10 on the BSE and moving below the ₹81-a-share…
Jio Platforms has launched a potential ₹30,213 crore flotation that could value Reliance Industries’ digital and telecom arm at ₹10.3 lakh crore, putting its huge customer base and profitability prospects under close investor scrutiny. Jio Platforms has opened the book…
Motorists can use bank portals, mobile apps and My FASTag to download detailed records of toll deductions, recharges and balances, while transaction references can help challenge incorrect charges and support expense claims. FASTag users can now review toll deductions, recharge…
Tech professionals are increasingly judging employers through LinkedIn, reviews, employee networks and AI tools, while unclear career paths and weak hands-on training threaten hiring and retention. Candidates for technology jobs in India are doing far more homework before they apply,…
Landlords can still claim municipal taxes paid, the 30% standard deduction and loan interest on let-out properties under both regimes, but broader loss set-off rules may alter the overall calculation. For Indian property owners who earn monthly rent, the tax…
The $15 million Series A will help Mural expand its banking, payments and compliance infrastructure for businesses deploying autonomous software agents. Tether has led a $15 million Series A round for Mural, a New York-based financial technology company that is…
Booking.com is expanding beyond accommodation in India with a direct-payments system and a free business-travel platform for startups and small companies, seeking to close the gap with MakeMyTrip. Booking.com is deepening its push in India with two bets that go…
India’s markets regulator has proposed shifting SME listing thresholds to market capitalisation, lowering the minimum application size and tightening profitability tests as higher borrowing costs increase the appeal of equity funding. India’s capital markets regulator has proposed a sweeping rewrite…
