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India in economic sweet spot amid global headwinds: Moody's

New Delhi, Nov. 15 -- India's economy is in a sweet spot, growing at 7.2% in 2024 with inflation moderating despite a temporary spurt, Moody's Investors Service India Pvt. Ltd said on Friday in an upd... Read More


NFRA's revised norms could lead to audit market concentration: ICAI

New Delhi, Nov. 14 -- Proposed revisions in the audit standard for consolidated financial statements of business groups could lead to the concentration of the audit market around big audit firms at th... Read More


Income tax share from below Rs.10 lakh group shrinks over 10 years, high earners dominate

New Delhi, Nov. 14 -- Data from the Income Tax Department reveals a shift in India's tax landscape over the past decade, with the share of tax collected from individuals earning less than Rs.10 lakh d... Read More


CCI to move Supreme Court to break logjam in Amazon, Flipkart anti-trust case

New Delhi, Nov. 14 -- India's competition watchdog may knock on the doors of the country's top court in an anti-trust case involving e-commerce majors Amazon and Flipkart, and some sellers on their pl... Read More


CCI likely to move SC on Amazon, Flipkart case

New Delhi, Nov. 14 -- India's competition watchdog may knock on the doors of the country's top court in an anti-trust case involving e-commerce majors Amazon and Flipkart, and some sellers on their pl... Read More


NFRA board revises all audit norms despite ICAI dissent

new delhi, Nov. 13 -- The board of the National Financial Reporting Authority (NFRA) on Tuesday approved a revision of all audit standards issued by the Institute of Chartered Accountants of India (IC... Read More


Centre's net direct-tax revenue grows 15.4% to Rs.12.1 trillion in April-Nov

New Delhi, Nov. 12 -- The union government's direct-tax collection has grown by 15.41%, after tax refunds, to Rs.12.1 trillion so far this financial year, the Central Board of Direct Taxes (CBDT) said... Read More


NFRA Board revises all audit standards despite ICAI dissent on some; likely effective from FY26

New Delhi, Nov. 12 -- The board of the National Financial Reporting Authority (NFRA) on Tuesday approved a revision of all audit standards issued by the Institute of Chartered Accountants of India (IC... Read More


63 businesses find debt resolution in Sept quarter; recovery from dubious deals go up

New Delhi, Nov. 12 -- Sixtythree indebted companies were given a new lease of life in the September quarter - nearly half the number of distressed businesses to avoid liquidation so far this year. Th... Read More


IEPFA's digital revamp targets faster claim approval

New Delhi, Nov. 11 -- Getting refund of shares, unclaimed dividends, matured deposits and debentures is likely to get easier for investors and their heirs with the Investor Education and Protection Fu... Read More