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The Economic Times
The Economic Times GST cess may fall short of Rs 1.37 lakh crore for states compensation
The GST compensation cess fund might have a ₹1.37 lakh crore shortfall by March 31 due to ₹50,000 crore interest on Covid loans. An additional ₹13,000 crore compensation may be required after reconciling audited accounts. The Centre is confident cess collections until March 31, 2026, will address this shortfall.
The Economic Times Centre to mediate high state taxes stifling mining operations
The Centre intends to consult with states to curb excessive taxation on mining operations, addressing concerns from the sector. This follows a Supreme Court ruling allowing states to impose additional taxes, as seen with Karnataka's new levies. The meeting will focus on high taxation, mining lease delays, and improving mining operations.
The Economic Times IBC turns lifeline for hospitals: Investors snap up distressed healthcare firms
Despite the potential risks of lengthy litigation and financial and operational issues, assets facing bankruptcy proceedings are much cheaper in a market where hospital properties command premium valuations — an enterprise value (EV) of more than 25 times the Ebitda on an average. The average valuation of listed hospitals is around 27 times.
The Economic Times Quick commerce companies quizzed by government over FDI, operating model
Senior executives from Blinkit, Swiggy Instamart, Zepto, and Bigbasket met with Indian government officials. They discussed warehouse ownership, compliance with FDI norms, and the impact on kirana stores. The officials expressed concerns about delivery safety and competition for small shops. Representatives argued their services supplement demand. Quick commerce firms are growing rapidly and raising capital.
The Economic Times Taxman disposes of 240,000 grievance cases
The Income tax department disposed of 2,40,000 grievance cases during 2024, including 1,75,000 through the E-nivaran platform.
The Economic Times India Inc CFOs' top resolutions for 2025: Growth, innovation, sustainability and work-life balance
As India Inc steps into 2025, CFOs are preparing for a transformative year, seamlessly integrating strategic growth, innovation, sustainability, and personal well-being. Here’s how these leaders are shaping the future of their organizations—and their own journeys—through bold resolutions.
