Even under the believed construction, a tax tribunal has ruled that oblique taxes are applicable to bills incurred by venture capital, private equity, and mutual fund companies. This includes expenses such as ‘carry charges’, allowed...

On Monday, Amazon founder Jeff Bezos announced his resignation as CEO, giving up the keys as the business navigates the challenges of a globe still recovering from the coronavirus outbreak. Bezos was replaced by Andy Jassy, the head of...

India’s annual gas consumption is likely to increase by 25 billion cubic meters (bcm) in the 2020-2024 period which translates into a 9% annual average growth rate, the International Energy Agency (IEA) stated in its latest report. India...

Multiple contradictions flagged by e-commerce companies regarding the new amendments to the regulations governing the segment, which has triggered fresh confusion among the players, has prompted the government to extend the last date for...

Shares of HFCL (formerly known as Himachal Futuristic Communications Limited) continued its northward movement in Monday's trade as they surged 18 per cent to Rs 85.90 on the BSE in intra-day session on the back of heavy volumes. A...

Although women’s safety and the issues relevant to it are widely discussed all around the globe, every year we are seeing the number of reports on harassment increasing at a frightening rate. Currently, women are not only becoming...

According to marketers and industry analysts, India's fast-moving consumer goods (FMCG) business grew by about 40% in June compared to the previous month, more than compensating for a dramatic drop in May when the sector fell by a third, aided...

The income tax department has stated that businesses purchasing shares or commodities traded through recognized stock or commodity exchanges for any amount over Rs 50 lakh will not be required to deduct TDS on the transaction. The income tax...

Government is likely to invite bids from merchant bankers this month for managing LIC disinvestment as it moves ahead with plans to launch the IPO by January, an official said. The Department of Investment and Public Asset Management (DIPAM)...

Two firms Clean Science and Technology and GR Infraprojects are headed to the market with their initial share-sale offers subsequent week to increase a little over Rs 2,500 crore cumulatively. The companies are expecting to benefit...