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E-way bills shoot up to 122.7 million in May, the second-highest on record

New Delhi, June 10 -- Electronic permits raised by businesses and traders for shipping goods within and across states shot up to 122.7 million in May, second only to the record 124.5 million raised in... Read More


CBIC lays down plan for supportive, people-focused tax regime

New Delhi, June 9 -- The Central Board of Indirect Taxes and Customs (CBIC), the government's indirect tax policy body, has laid down an annual plan for a supportive, people-focused and tech-driven ta... Read More


India watching Pak federal budget closely, to flag any breach of IMF aid terms

New Delhi, June 8 -- When Pakistan's finance minister Muhammad Aurangzeb presents the country's FY26 federal budget on Tuesday, top officials sitting in New Delhi will scout for a key figure -defence ... Read More


India needs to grow by at least 7-8% annually: Parliament panel head Mahtab

New Delhi, June 6 -- India needs to grow by at least 7-8% annually in its pursuit to become a developed country by 2047, chairperson of the Parliamentary Standing Committee on Finance Bhartruhari Maht... Read More


Middle class in focus, says govt; highlights gains from pensions, tax relief, smart city push

New Delhi, June 6 -- The Centre's policies aim to better equip middle-income families to face the future with confidence, an official statement said, highlighting the policy attention this segment wil... Read More


Economist S. Mahendra Dev appointed EAC-PM chairman

New Delhi, June 5 -- Economist S. Mahendra Dev has been appointed the new chairman of the Economic Advisory Council to the Prime Minister (EAC-PM), a person informed about the development said. Dev, t... Read More


Registrars of Companies turn up the heat on Nidhi companies for company law violations

New Delhi, June 5 -- Registrars of Companies (RoCs) across the country have turned up the heat on Nidhi companies and their directors for violations of company law, signalling close regulatory scrutin... Read More


Companies have to file annual returns, disclosures for FY25 in new web-based forms

New Delhi, June 4 -- Businesses will have to make their most important statutory filings, especially annual returns, financial statements and cost audit reports, in the revamped and web-based forms in... Read More


Parliamentary panel to recommend fresh set of changes to insolvency code

New Delhi, June 3 -- India's insolvency regime is set for further reform as the Parliamentary Standing Committee on Finance will likely recommend a set of measures aimed at speeding up decisions and b... Read More


Corporate affairs ministry's warning-related-party violations attract penalties

New Delhi, June 2 -- The ministry of corporate affairs has reminded business promoters of the penalties for not following an arms-length approach in transactions involving company directors, executive... Read More