The Economic Times The Economic Times

The Economic Times ICAI inaugurates research hub at CoE Hyderabad

​The Centre will conduct in-depth studies on Union and state Budgets, financial literacy, the role of chartered accountants in policymaking and good governance with ease of doing business, among other subjects, the ICAI said in a statement.

The Economic Times Supreme Court ruling on CENVAT credit: Implications & unanswered questions in GST ecosystem

While the judgment resolves long-standing disputes under the CENVAT framework, its implications under the GST regime are far from straightforward.

The Economic Times JSW Steel faces ₹64 cr GST demand order

JSW Steel received a ₹64.47 crore demand notice for allegedly not paying GST on mining rights payments between July 2017 and July 2019. JSW stated it had paid the tax and interest, disclosing it in monthly returns. The company believes the penalty is unwarranted and plans to appeal the order.

The Economic Times Gateways seek GST waiver on low-value commissions

Payment gateway operators are urging the finance ministry to reconsider an 18% GST levy on commissions from small-value digital transactions (up to ₹2,000). They argue that passing this tax burden onto merchants will hinder the growth of digital payments, especially in smaller towns. Tax authorities are seeking backdated GST from fiscal 2017-18, impacting major players like BillDesk and CCAvenue.

The Economic Times Subdued market conditions lead to 25% drop in deal value for India Inc in November

India's deal activity slowed in November, with M&A dropping 22% in volume and 25% in value compared to October. PE activity saw the lowest volumes this year but a 30% value increase, driven by large deals in retail, agriculture, and energy, including Zepto's $350 million raise. Domestic deals dominated M&A, while US companies showed strong interest in cross-border transactions.

The Economic Times India Inc looking at year on-year growth of 9.75% in hiring for 2025-26

Indian companies project a 9.75% hiring increase in FY 2025-26, driven by global capability centers, core sectors, and BFSI. Replacement hiring will account for 76% of new positions. Tier 2 and 3 cities are emerging as talent hubs, with digital, sustainability, and cybersecurity skills in high demand.

The Economic Times Sexual harassment complaints at India Inc rise by 79% in last 5 years

The POSH policy requires companies to disclose the number of sexual harassment complaints filed and resolved during a given year.

The Economic Times India Inc is in the mood to hire more in Q4; IT companies buoyant

India's hiring outlook for January-March 2025 is at a robust 40%, exceeding the global average by 15 points. The IT sector leads with a 50% outlook, driven by AI investments and multinational interest. Western India shows the strongest regional outlook at 43%. Larger organizations and gender pay equity initiatives are also driving positive hiring trends.

The Economic Times CFOs cautiously optimistic after RBI cuts GDP growth forecast, bank on strong urban demand

Finance executives believe the RBI's decision to reduce the Cash Reserve Ratio (CRR) by 50 basis points, aimed at boosting liquidity, is a positive step for businesses.

The Economic Times Inflation, growth, and rupee stability will be focus areas for new RBI Governor: KV Kamath

Primarily, I would believe that that would continue going forward with whoever is the governor and with Governor Malhotra there, I think we are in very good hands because he brings several, I would say, set of experiences.

The Economic Times Maruti Suzuki partners with Saraswat Co-operative Bank for vehicle finance

Maruti Suzuki India Ltd. and Saraswat Co-operative Bank Ltd. joined forces to offer tailored auto retail financing solutions to customers. The partnership aims to provide accessible, flexible, and personalized financing options, ensuring competitive terms and enhanced services for car buyers.

The Economic Times Finmin-RBI ties the best in my stint with excellent cooperation and coordination: Das

Outgoing Reserve Bank Governor Shaktikanta Das reflected on his six-year term, highlighting the strong relationship between the central bank and the finance ministry. He emphasized their collaborative approach to resolving issues, despite differing perspectives. Das affirmed his commitment to upholding the RBI's autonomy and core values while considering the broader economic landscape.

The Economic Times EEPC India submits pre-budget memorandum to MSME Ministry

In its pre-Budget memorandum to the Ministry of Micro, Small and Medium Enterprises, EEPC India also suggested increasing the benefits limit available under the Interest Equalization Scheme (IES) to Rs 10 crores from Rs 50 lakh now.

The Economic Times DOMS Industries faces ₹6.07 cr tax demand from Income Tax Dept

DOMS Industries Limited received a demand notice of ₹ 6,07,83,850 from the Income Tax Department for the assessment year 2020-21. The demand relates to the disallowance of a concessional tax rate under Section 115BAA. The company received the order on December 9, 2024, and plans to appeal the decision. The disclosure was made as per SEBI regulations.

The Economic Times Govt developing industrial corridor projects to compete with world's top manufacturing and investment destinations

The government is advancing industrial corridor projects under the National Industrial Corridor Development Programme (NICDP) to boost India's competitiveness in global manufacturing and investment.

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