Starlink’s application for offering satcom services in India had been held up for the company’s inability to comply with mandatory ownership disclosure norms. IMAGE: Prime Minister Narendra Modi and Tesla CEO Elon Musk during their meeting at Blair House in
The revised guidelines are aimed at curbing discretionary practices by field officers, especially the tendency to seek documents not mandated under the law. The Central Board of Indirect Taxes and Customs (CBIC) issued a comprehensive set of instructions on
Companies may foot less of the tax bill for some time yet. The corporate share of net direct tax collections has been lower in 2024-25 than in previous years. The corporate segment accounted for 45.6 per cent of total net
These cases are being reopened under Section 147 of the Income Tax Act, which empowers the department to reassess income if it believes that taxable income has escaped assessment. The income tax (I-T) department has begun reopening hundreds of old
India’s second largest IT company Infosys’ board has approved the grant of stock incentives or Employee Stock Option Plans (ESOPs) worth over Rs 51 crore to CEO and MD Salil Parekh. Photograph: ANI Photo These stock incentives are under various
India’s forex reserves increased by $1.57 billion to $677.83 billion for the week ended April 11, the Reserve Bank said on Friday. Illustration: Dado Ruvic/Reuters This is the sixth consecutive week of a rise in the kitty. The overall reserves
Trump’s tariffs, falling shrimp prices, and fears of additional US levies, spark a crisis in Andhra Pradesh’s politically vital aquaculture sector. Kindly note the images in this report have only been published for representational purposes. Photograph: Kind courtesy medoa7164/Pixabay Since
Indian equity benchmarks rose nearly 2 per cent on Thursday, capping a truncated trading week with their strongest weekly performance in over four years. The rally was sparked by renewed risk-on sentiment following progress in trade negotiations and expanded tariff
Gold prices rose by Rs 70 to hit yet another record high of Rs 98,170 per 10 grams in the national capital on Thursday amid firm global demand, according to the All India Sarafa Association. Photograph:Heinz-Peter Bader/Reuters On Wednesday, the
An Indian official team is likely to visit Washington next week to iron out differences on certain issues before formally launching negotiations for the proposed India-US bilateral trade agreement (BTA), an official said. Photograph: Mike Blake/Reuters The visit, which comes
