Exclusive

Publication

Byline

NFRA highlights audit firms' weakness, areas requiring improvement

New Delhi, March 28 -- The audit watchdog National Financial Reporting Authority (NFRA) has highlighted specific aspects of practice that auditors SRBC & Co. LLP, Walker Chandiok & Co. LLP and Deloitt... Read More


Customs duty cuts a continuous process, not linked to today's global situation: FM

New Delhi, March 27 -- Finance minister Nirmala Sitharaman on Thursday said that reduction in basic customs duty announced by the government in the recent past has been a continuous process aimed at i... Read More


India to drop 'Google tax' from 1 April amid US tariff threats

New Delhi, March 25 -- New Delhi: The government is likely to withdraw the 6% 'equalization levy' introduced in 2016 on online advertisement services rendered to Indian businesses by offshore digital ... Read More


RoCs step up compliance drive; basic company law breaches common among small businesses

New Delhi, March 24 -- Registrars of Companies (RoCs) across the country have stepped up their compliance enforcement drive, with the largest number of penalty orders in the last five years getting is... Read More


Take taxpayer feedback, be sensitive to the honest: parliamentary panel to tax authorities

New Delhi, March 20 -- Tax authorities should be "sensitive" to the hardships faced by honest taxpayers due to wrong or inflated demands and take feedback from the public to improve faceless assessmen... Read More


IBBI asks resolution professionals to be more open about losses carried forward

New Delhi, March 18 -- The Insolvency and Bankruptcy Board of India (IBBI) has told debt resolution professionals to be more open about bankrupt companies' past losses that can be carried forward, hel... Read More


Centre's net direct tax collections reach Rs.21.26 trillion, 95% of revised estimates

New Delhi, March 17 -- The Centre has collected Rs.21.26 trillion in net direct taxes so far this fiscal year, reaching 95% of the revised full-year target, the Income Tax Department said Monday after... Read More


Digital competition law needs adaptability: Harsh Malhotra

New Delhi, March 17 -- The government is keen to bring in a new law to ensure fair competition in digital markets but further discussions are needed to ensure that global best practices are adapted to... Read More


Digital competition law needed but discussion are necessary on best practices, says minister Malhotra

New Delhi, March 16 -- The government is keen to bring in a new law to ensure fair competition in digital markets but further discussions are needed to ensure that global best practices are adapted to... Read More


PM internship scheme streamlined, candidates to get more prior information about offers

New Delhi, March 13 -- Candidates applying for the PM internship scheme will now be given more information, including the exact location of the internship opportunity, rather than just the district na... Read More