India’s Goods and Services Tax (GST) mop-up in November posted a modest rise, with gross collections touching Rs 1.70 lakh
New Delhi: Lok Sabha proceedings were adjourned for the day on Monday amid unrelenting protests by opposition parties demanding a
India is planning to extend the tax holiday on profits earned by aircraft leasing firms in its newest finance hub
The Supreme Court on Friday rapped the Income Tax Department for filing an appeal in a matter already decided, saying
Diageo and Pernod Ricard’s Indian lobbying group has sued Maharashtra state over a sharp tax hike on their affordable brands
Tesla The Delhi High Court has granted interim injunction in favour of US-based Tesla Inc by directing Indian company Tesla
As the conversation heats up around whether artificial intelligence is really worth the hype it is creating globally, India Inc
Income Tax Department’s Exemptions wing, Principal Chief Commissioner Debjyoti Das on Tuesday stressed on the long-standing pain points around non-profit
The Indian passenger car market is finally picking up pace, and this time, the credit goes largely to the GST
Hyderabad, Two persons have been arrested for allegedly being part of an inter-state network that created 10 fake GST-registered firms
A series of cases of fraud at companies like IndusInd Bank and Gensol, coupled with the explosion of data and
The power regulator has directed renewable energy developers to reconcile the impact of recent goods and services tax (GST) cuts
New Delhi: Goods and services tax (GST) collection this month is likely to exceed ₹2 lakh crore, driven by lower
New Delhi, The National Financial Reporting Authority (NFRA), the independent regulator for Audit and Accounting matters, on Tuesday launched another
Life Insurance Corporation (LIC) has urged the government to make key tax and regulatory changes in the upcoming Union budget
Demand for household products and groceries revived in the second quarter even before the goods and services tax rate reduction
Mumbai: After years of investment in automation, the Big Four firms—PwC, EY, Deloitte and KPMG—are now racing to offer GenAI
New Delhi, Sanjay Kumar Agarwal, Chairman, Central Board of Indirect Taxes and Customs (CBIC), on Friday said the ‘Next-Gen GST’
The Supreme Court, in a recent ruling, has held that issuing Form 15CB under the Income-tax Act does not amount
Manoj Gaur The Enforcement Directorate has arrested Manoj Gaur, MD of realty company Jaypee Infratech Ltd, in a money laundering
India’s life insurance industry recorded a sharp revival in October 2025, with new business premiums rising 12.1% year-on-year to Rs
Nangia Andersen India Pvt Ltd has decided to end its affiliation with Andersen Global and operate as a fully domestic
Bengaluru, In a move that can improve the speed and accuracy of income-tax processing, the Central Board of Direct Taxes
India’s recent tax reforms have strengthened investor confidence and reduced uncertainty, and the next phase of reforms will now focus
The Central Board of Direct Taxes (CBDT), issued a notification on October 27, 2025, empowering the Commissioner of Income Tax
R Doraiswamy, MD & CEO, LIC of India The country’s largest insurer, Life Insurance Corporation of India (LIC) said annual
The government has rolled out a Simplified Goods and Services Tax (GST) Registration Scheme under Rule 14A of the Central
The Bombay High Court has observed that the income tax department has relied on AI (artificial intelligence) to reference three
While filing your income tax return and claiming tax exemptions, it is important to be aware of the limits and
The government is reviewing public procurement norms to make them more accessible to domestic audit and consulting firms, ETCFO has
India needs to move towards a principle-based, technology-enabled, and trust-anchored tax system, which is simple, stable and digitised, aligning with
India’s gross Goods and Services Tax (GST) collections rose 4.6% year-on-year to about Rs 1.96 lakh crore in October, driven
The Associated Chambers of Commerce and Industry of India (ASSOCHAM) has submitted a detailed set of indirect-tax recommendations to Revenue
New Delhi [India], October 29 (ANI): The PHD Chamber of Commerce and Industry (PHDCCI) has submitted its pre-Budget memorandum for
The Institute of Chartered Accountants of India (ICAI) has proposed a major revision to its Code of Ethics, introducing new
The National Financial Reporting Authority (NFRA) has expanded the scope of its annual audit inspection exercise to 10 audit firms
Mumbai: A splitting of hairs over ‘may’ and ‘shall’, the simple modal verbs of English grammar, has come as relief
Finance Minister Nirmala Sitharaman on Friday called on Goods and Services Tax (GST) officers to adopt a more empathetic and
Hailing the new Goods and Services Tax (GST) reforms, Prime Minister Narendra Modi on Friday asserted that the country is
The Indian government is considering major reforms in the accounting and audit sector as it aims to create domestic firms
New Delhi: Most salon chains, fitness centres, gyms and yoga clubs across the country have raised prices by 10-20% despite
Seeking to further improve quality, the chartered accountants’ body ICAI‘s Financial Reporting Review Board (FRRB) has introduced new parameters of
An analysis by Crisil Ratings of 40 organised apparel retailers, accounting for a third of the sector’s revenue, indicates that
Eternal, which owns the Zomato and Blinkit brands, on Sunday said it has received a goods and services tax (GST)
India’s chartered accountancy sector is seeing increasing workforce concentration in mid-to-large firms, even as single-partner operations dominate numerically. According to
TRAI issues draft amendments to Telecommunication Tariff Order and Accounting Separation Regulations The Telecom Regulatory Authority of India (TRAI) has
An initial probe by the Mumbai Police’s Economic Offences Wing into accounting lapses at IndusInd Bank’s treasury desk has not
The Financial Reporting Review Board (FRRB) of the Institute of Chartered Accountants of India (ICAI) has identified 388 serious audit
