Exclusive

Publication

Byline

Scrutiny of pre-bankruptcy deals of businesses expanded: Nirmala Sitharaman

New Delhi, April 1 -- Amendments to the Insolvency and Bankruptcy Code (IBC) expand the scrutiny over pre-bankruptcy transactions of distressed companies to cover a longer period, finance and corporat... Read More


Net GST revenue hits Rs.1.78 trillion in March, highest since April 2025 peak

New Delhi, April 1 -- Central and state governments collected Rs.1.78 trillion in net GST revenue this March after adjusting for tax refunds, an 8.2% annual increase and the highest monthly total sinc... Read More


In a fillip for e-commerce export, India eases norms for couriers

New Delhi, March 31 -- India has removed the Rs.10 lakh cap on export by courier firms and enabled the return of uncleared parcels to senders from 1 April, easing shipment constraints and improving tu... Read More


Mint Explainer: What income tax changes will kick in from 1 April?

New Delhi, March 31 -- A simpler income tax law will come into force from 1 April, along with other changes announced in this year's Budget including higher benefit of deductions for salaried tax paye... Read More


IFC to up India investments 30% to $7 bn this fiscal, focus on local push, jobs

New Delhi, March 30 -- International Finance Corp. (IFC) aims to scale up its India investments by about 30% to $7 billion this fiscal year ending 30 June, said Sarvesh Suri, regional vice-president f... Read More


CII's 12-point agenda: tackle energy crisis, protect jobs, contain inflation

New Delhi, March 29 -- The Confederation of Indian Industry (CII) has urged businesses to adopt practical and responsible measures amid the current energy shock triggered by the ongoing West Asia war,... Read More


Flat 12% share buyback surcharge only on promoters: IT department

New Delhi, March 26 -- The 12% flat surcharge under the new share buyback taxation regime introduced in this year's Finance Bill will apply only in the case of promoters, the Income Tax Department sai... Read More


12% buyback surcharge in Finance Bill amendments, Nirmala Sitharaman clarifies

India, March 26 -- The Lok Sabha on Wednesday passed the Finance Bill, 2026, along with amendments moved by Union finance minister Nirmala Sitharaman to clarify the surcharge on share buybacks and imp... Read More


New ICAI course to build cadre for low-cost compliance support to small firms

New Delhi, March 26 -- The Institute of Chartered Accountants of India (ICAI) will have a new accounting course ready for launch by 1 July that will help prepare professionals to deliver cost-competit... Read More


Lok Sabha clears Finance Bill with buyback tax clarity tweaks

New Delhi, March 25 -- The Lok Sabha on Wednesday passed the Finance Bill, 2026, along with amendments moved by Union finance minister Nirmala Sitharaman to clarify the surcharge on share buybacks and... Read More