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The Economic Times
The Economic Times SC disposed of 573 direct tax cases post-revision in monetary limit in appeal filing: FinMin
The finance ministry on Tuesday said the Supreme Court has disposed of 573 direct tax cases after the monetary limits for filing appeals were revised in the Budget.
The Economic Times Grammarly appoints Navam Welihinda as CFO
Additionally, Grammarly announced the appointment of Mark Schaaf as its Chief Technology Officer.
The Economic Times Hinduja Group arm HGS charged with Rs 2,500 cr tax evasion
Hinduja Global Solutions Limited sold its healthcare services business to wholly-owned subsidiaries of Betaine BV ('Buyer'), funds affiliated with Baring Private Equity Asia (BPEA). It subsequently merged NXT Digital (NDL), its digital media and communication business, into Hinduja Global Solutions (HGSL).
The Economic Times Vivad Se Vishwas direct tax Scheme: New window to settle pending tax demands & litigations opens on October 1, 2024
Direct tax Vivad se Vishwas scheme 2024: This scheme will be applicable for appeals filed before Commissioner (Appeals), Dispute Resolution Panel (DRP), Income Tax Appellate Tribunal (ITAT), High Court and Supreme Court. This scheme will be operational from October 1, 2024. Read here to know more about how the Vivad se Vishwas scheme 2024 works.
The Economic Times Register seven crore workers associated with real estate with ESIC, PF: Commerce minister
"I urge you to kindly think about this in very serious terms... can we ensure a guaranteed ESIC and provident fund registration of all these 70 million workmen and women (working in this sector)," Goyal told real estate players.
The Economic Times Delaware Supreme Court holds Byju's in default of $1.5 billion loan
This means the lenders can demand a full repayment from the troubled edtech firm and take control of Byju's US entity, Byju's Alpha. This is the second public statement from the lenders reinforcing that Byju’s and Raveendran must repay the outstanding loan.
The Economic Times Pvt capex to pick up, Rs 4 lakh cr credit demand pipeline from India Inc: SBI Chairman
As far as public spending is concerned, Finance Minister Nirmala Sitharaman in the Budget proposed to raise the capital expenditure target by 11.1 per cent to record Rs 11.11 lakh crore for 2024-25. This is 3.4 per cent of the country's GDP.
The Economic Times REA India CFO sees US Fed rate cut raising foreign capital flows to India
As global monetary policies shift, Indian businesses are poised to seize new opportunities while remaining vigilant about the associated risks, says Vikas Wadhawan.
The Economic Times Fake registration drive: GST officers detect 10,700 bogus firms, over Rs 10k cr evasion
Tax officers have detected around 10,700 fake GST registrations involving Rs 10,179 crore in evasion. Aadhaar authentication for GST registration is expanding to more states. The government is taking targeted action, including physical verification and potential restrictions on new taxpayers, to curb fraud.
The Economic Times Geopolitics is most important; Ukraine bombardment, Houthi attacks pose significant dangers, says JPMorgan CEO Jamie Dimon
In an interview with ET, Jamie Dimon, CEO of JPMorgan, emphasized that geopolitics will shape the global economy more than finance. He highlighted the resilience of the US dollar and discussed interest rate movements in the US and Japan. Dimon also addressed geopolitical risks, oil prices, and India's economic progress under PM Modi's leadership.
The Economic Times State of the Economy: How macroeconomic indicators performed in August 2024?
In the month of August, India's GST collections stood at Rs 1.75 lakh crore, retail inflation rose to 3.65%, and unemployment increased to 8.5%. While the trade deficit expanded to USD 29.7 billion, UPI transactions reached Rs 20.60 lakh crore.
The Economic Times Will RBI follow the US Fed in cutting rates?
The RBI is anticipated to maintain its pause on rate cuts for the remainder of 2024, with an early reduction possibly in February 2025, experts say.
The Economic Times Waaree Energies gets SEBI nod for IPO
“The company proposes to utilize the net proceeds towards part financing the cost of establishing the 6-GW of ingot wafer, solar cell, and solar PV module manufacturing facility in Odisha, India as well as for general corporate purposes,” it said.
The Economic Times Stress needs an audit too: Tragic death of EY employee sparks concerns over intense work pressure & client demands
The sudden death of a young SR Batliboi & Co employee has highlighted intense work pressure in the audit profession. Auditors face tight deadlines, complex audits, increased disclosures, and regulatory scrutiny. The low audit fees and rising costs further strain firms, making it difficult to attract and retain talent.
The Economic Times Indian audit regulators spar on proposed change for companies
India's accounting regulators are clashing over a proposal to make parent company auditors responsible for consolidated financial statements. The National Financial Reporting Authority supports the change, citing audit failures, while the Institute of Chartered Accountants of India argues it will harm smaller firms. The proposal aims to align with global standards.
