Work hard, Have fun, Make history And You’re Done!
The term ‘tax payable’ becomes a source of litigation, when it comes to availing of foreign tax credit in India.The Supreme Court (SC), in the case of Krishak Bharti Cooperative, a multi-state co-operative society, which had entered into a joint venture with an Oman-company for manufacturing fertilizers was held eligible to claim credit of tax
Read More
HYDERABAD: Union aviation minister Jyotiraditya Scindia on Thursday inaugurated India’s and Air India’s first Airbus A350 aircraft (VT-JRA) at Wings India 2024. AI will get six A350s by this May. These aircraft will begin commercial service with AI with domestic flights on January 22, 2024, and gradually switch to international routes — a standard practice
Read More
MUMBAI: A clutch of unicorn startups in a meeting with commerce and industry minister Piyush Goyal on Wednesday discussed the possibility of establishing a unicorn club or simply put, an association of startups which would regularly engage with the minister’s office and suggest measures to boost the growth of the ecosystem. In the meeting which
Read More
MUMBAI: The Rajasthan bench of the Authority for Advance Rulings has held that GST (Goods and Services Tax) is applicable on the rent if a residential property is used for commercial purpose by a lessee (who is registered for GST purposes).In the case of Deepak Jain (the applicant) who had leased out his property to
Read More
Aadhaar enrolment and update new rules: The Unique Identification Authority of India (UIDAI) recently released a notification to revise the Aadhaar (Enrolment and Update) rules. Updated forms for both Aadhaar enrolment and updates have been introduced. Different forms have been provided for residents and non-residents (NRIs) seeking Aadhaar enrolment or updates.According to an ET report,
Read More
The recent settlement between the US Federal Trade Commission (FTC) and a data broker, formerly known as X-Mode and now rebranded as Outlogic, has been touted as a “historic” privacy win. However, the sad truth…
Read More
NEW DELHI: Private sector lender IndusInd Bank on Thursday posted a 17 per cent increase in net profit to Rs 2,301 crore in the third quarter ended December 2023. The bank had recorded a net profit of Rs 1,964 crore in the October-December quarter last fiscal, according to a regulatory filing. The total income of
Read More
Haldiram’s, the Indian snacks maker, is in discussions to acquire a majority stake in Prataap Snacks, a listed rival which is valued at $350 million. The aim of this acquisition is to expand Haldiram’s presence in the potato chip market.According to a Reuters report, the talks are in the early stages and the valuation has
Read More
Accenture, Tata Consultancy Services (TCS), and Infosys have continued to up their brand value and dominance in the IT industry, according to the latest Brand Finance 2024 report. This is despite disruptions caused by newer technologies and a tepid growth environment. The three IT services giants topped the list of world’s most valuable IT services
Read More
AHMEDABAD: Indel Money Limited, a NBFC in the gold loan sector, announced the 4thpublic issue of secured NCDs of face value of Rs 1,000 each. The issue opens on Tuesday, January 30, 2024 and closes on Monday, February 12, 2024.Umesh Mohanan, executive whole time director, Indel Money Limitedsaid, “Being one of the fastest growing gold
Read More