Hero MotoCorp gets over Rs 17 cr tax notice from Delhi GST authorities
Hero MotoCorp on Sunday said it has received a demand notice of over Rs 17 crore from Delhi GST authorities. The company has received an order dated August 17, 2024, for disallowance of input tax credit for FY 2019-20 from the Office of the GST Officer, Government of NCT of Delhi,...
-
FMCG players expect volume trends to sustain amid rising demand in rural markets
19 August 2024 | PTI -
Foxconn working on plans to set up battery energy storage system unit
19 August 2024 | PTI -
FPIs turn net sellers; pull out Rs 21,201 crore from equities in August so far
19 August 2024 | PTI -
India will need around 1 lakh company secretaries by 2030: ICSI
19 August 2024 | PTI -
India’s holding of American securities hits high of USD 241.9 bn in June
19 August 2024 | PTI -
Stock markets to take cues from global trends, FII trading activity: Analysts
19 August 2024 | PTI -
Govt invites bids to empanel AI infra providers under Rs 10,372-cr India AI mission
18 August 2024 | PTI
Demand for warehousing spaces in Delhi-NCR dips 77% in Jan-June; Chennai sees 3-fold jump: Vestian
Delhi-NCR witnessed a 77 per cent decline in leasing of warehousing and logistics spaces during January-June this year, while Chennai saw a 3-fold jump in demand, according to real estate consultant Vestian. As per Vestian’s latest Warehousing and Logistics Sector review for January-June 2024, the absorption of warehousing and logistics spaces...
India will need more reforms to stay on growth path, create jobs: Gita Gopinath
India will need to undertake more reforms to be able to continue on the path of raising economic growth and to make sure that enough job creation happens in the country, IMF deputy managing director Gita Gopinath said on Saturday. Addressing an event here, Gopinath further said that India will be...
India exports first consignment of fig juice to Poland
India has exported the first consignment of fig juice to Poland as part of its initiative to increase shipments of unique agro products from the country, the commerce ministry said on Saturday. The Agricultural and Processed Food Products Export Development Authority (APEDA) facilitated the export of India’s first ready-to-drink fig juice,...
CBIC asks GST officers to consult board on law interpretation while conducting audit
The CBIC has asked GST officers conducting audit to refer to the board those cases where they face issues of conflicting interpretation of provisions of the tax law. In an instruction to field offices, the Central Board of Indirect Taxes and Customs (CBIC) said during the process of audit, a CGST...
Open to exploring more ways to increase India’s collaboration with IMF: FM
India is open to exploring more ways to increase its collaboration with the International Monetary Fund (IMF), Finance Minister Nirmala Sitharaman said during a meeting with IMF’s First Deputy Managing Director Gita Gopinath on Saturday. During the meeting, Gopinath congratulated the Finance Minister on policy continuity in the fiscal consolidation path...
Sebi proposes expansion of sustainable finance framework in securities market
arkets regulator Sebi has proposed expansion of the sustainable finance framework in the securities market by introducing a new category of financial instruments. This category will include Social Bonds, Sustainable Bonds, and Sustainability-linked Bonds in addition to the current green debt securities. It aims to provide issuers with flexibility in raising...
Windfall tax on crude petroleum reduced to Rs 2,100/tonne
The government has slashed windfall tax on domestically produced crude oil to Rs 2,100 per tonne, from Rs 4,600 per tonne with effect from Saturday. The tax is levied in the form of Special Additional Excise Duty (SAED). The SAED on the export of diesel, petrol and jet fuel or ATF, has...