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Spare the small fry, catch the big fish: India's mantra for digital competition

New Delhi, April 7 -- New Delhi: The Centre may rework the digital competition bill to spare a big chunk of Indian startups from heavy regulation, two people aware of the matter said. The draft bill ... Read More


New-look digital competition bill may spare startups

new delhi, April 7 -- The Centre may rework the digital competition bill to spare a big chunk of Indian startups from heavy regulation, two people aware of the matter said. The draft bill had propose... Read More


Net GST collection in March jumps 7.3% to Rs.1.77 tn, showing success of self reliance

New Delhi, April 1 -- Central and state governments collected Rs.1.77 trillion in Goods and Services Tax (GST) in March after adjusting for refunds, 7.3% more than receipts in the same time a year ago... Read More


No fiscal constraint on capex; govt's fiscal prudence firm: FM Sitharaman

New Delhi, April 1 -- Union finance minister Nirmala Sitharaman said on Tuesday that the centra; government's capital expenditure has increased over the years, including in FY25, despite last year's n... Read More


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