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6 income tax rules introduced in Budget 2024 to be effective from Oct 1. Check list
The STT applicable to futures and options (F&O) trading is set to increase from October 1, 2024. Specifically,…
Bankruptcy Court approves 22 business rescues in August; 34 so far in second quarter
More than half of all the businesses that secured approvals for their debt resolution schemes and about two-thirds…
IIP growth eases to 5-month low of 4.2% in June
In the use-based category, consumer durables output growth ebbed to a six-month low of 8.6% in June, while…
Industry body urges FM to continue 45-days MSME payment rule for buyers
SME Chamber of India argues that provision serves as incentive for companies to adhere to payment timelines, thereby…
2nd G20 Health Working Group Meeting to Commence in Goa from 17 April
More than 180 Delegates from G20 countries, Invited states & International Organizations to participate in 2nd Health Working…
Tamil Nadu’s electronics and automotive sectors thriving under China+1 strategy: Minister
The China +1 strategy, aimed at reducing reliance on Chinese manufacturing by investing in other countries, has significantly…
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New e-Invoice Rules under GST from 1st June 2025
The GST Network (GSTN) has issued an advisory regarding a crucial change in the e-Invoicing system related to Invoice Reference Number (IRN) generation. This change, effective from 1st June 2025, affects how invoice or document numbers are processed by the Invoice Reporting Portal (IRP). Specifically, invoice numbers will now be treated as case-insensitive, meaning variations […]
‘Where is the capital?’ Mohandas Pai fires back after Goyal’s critique of food, grocery apps at Mahakumbh
Mohandas Pai fired back at Piyush Goyal saying India does have “many deep tech startups” like China but doesn’t have the Government’s support. Former Infosys CFO Mohandas Pai has strongly reacted to…
New norm on e-invoices will hit SMEs
From April 1 2025, uploading e-invoice within 30 days will become mandatory for GST registered taxpayers having an annual turnover above Rs10 crore. Earlier, this threshold limit was Rs100 crore.…
India’s Electronics Manufacturing Gets a Boost with ₹23,000 Crores PLI Scheme
In a landmark move aimed at strengthening India’s position in the global electronics manufacturing landscape, the Ministry of Information Technology has finalized a new Production Linked Incentive (PLI) scheme dedicated…
‘India has failed in manufacturing’: Expert urges Centre, State Govts. to do this to boost production
Despite its absolute ranking, India lags behind significantly in per capita manufacturing output. India’s manufacturing sector continues to show growth in absolute terms, yet significant challenges remain in its distribution…
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