The Economic Times The Economic Times

The Economic Times "Optimism around India not a coincidence, but due to reforms": PM Modi at Kautilya Conclave

"This conclave is being organised at a time when there is a war situation in two big regions of the world. Both these regions are very important for the global economy, especially energy security. Amid this big global uncertainty, we are here discussing 'The Indian Era', it shows that today the trust in India is of different level," PM Modi

The Economic Times Public Accounts Committee calls SEBI chief on Oct 24 amid Adani-Hindenburg row

Sources said the unstated convention in parliamentary practice is that chiefs of institutions have to attend parliamentary panel briefings whenever summoned.

The Economic Times CBIC orders immediate de-mapping of retired, transferred officers from GST portal

The CBIC has directed zonal heads to de-map officers from the GST portal immediately after retirement or transfer to prevent unauthorised access. This decision follows a case where an officer sanctioned a fraudulent refund because they were not de-mapped. Supervisory officers will monitor the de-mapping process and report compliance to jurisdictional commissioners.

The Economic Times GST panel deliberates on lowering rate on health insurance, tractors

As the government focuses on GST 2.0 which further eases tax laws, enhance tax simplification and adoption of technology, the ministerial panel tasked to rationalise rates is deliberating on lowering GST on essential items like health insurance and tractors up to 5 per cent.

The Economic Times Umang Dairies CFO Raghav Garg resigns

​​Garg stated that he is stepping down to explore external opportunities.

The Economic Times Vaishno Cement appoints Jatin Nanji Chheda as CFO

Additionally, the company recently appointed Nandini Miami as its Company Secretary and Compliance Officer.

The Economic Times Lahoti Overseas CFO Pradeep Bachhuka resigns

​​Bachhuka cited health issues as the reason for his departure.

The Economic Times Umiya Tubes CFO Yash Joshi resigns

Joshi cited his unwillingness to continue in his role, stating he wishes to pursue other opportunities, including potential higher studies abroad.

The Economic Times SEFL CFO Vishal Chavda resigns, Parthrajsinh Rana takes over as new CFO

​​In conjunction with his departure, the company appointed Parthrajsinh Harshadsinh Rana as the new CFO, also effective from October 03, 2024.

The Economic Times Vikas Ecotech CFO Amit Dhuria resigns

Dhuria cited ongoing organisational reshuffling as a reason for his decision, indicating it presents a timely opportunity for him to pursue avenues more aligned with his professional aspirations.

The Economic Times Banking sector reforms are paying its dividend to Indian Economy: Nirmala Sitharaman

Sitharaman said, "The soundness and resilience of India's banking sector have been underpinned by a sustained policy focus on asset quality improvements, enhanced provisioning for bad loans, sustained capital adequacy, and a rise in profitability."

The Economic Times India Inc pros seeks more guidance, upskilling opportunities

A LinkedIn report highlights that 90% of Indian professionals are seeking more support in evolving workplaces. The biggest opportunity lies in integrating AI, with 62% believing it's crucial for career growth. Video formats, particularly short-form and long-form video courses, are favored for continuous learning.

The Economic Times GST Rate Cut: Tax on several mass-use products may be reduced

A ministerial panel on GST is considering reducing rates on essential items like medicines and tractors to 5%. Health and term insurance may also see lower rates. The panel, led by Bihar deputy CM Samrat Chaudhary, will finalize these decisions soon. Revenue implications and the number of slabs are key considerations.

The Economic Times SC nod to real estate sector to claim input tax credits on construction costs

The Supreme Court has allowed real estate companies to claim input tax credits (ITC) on construction costs for commercial buildings meant for renting purposes, ruling them as 'plant and machinery' under GST law. This decision helps reduce the financial burden and investment costs in commercial real estate.

The Economic Times NFRA warns auditors on negligence in audit of group financial statements, says must comply with SA 600 and Companies Act

The NFRA's findings are linked to investigations of large corporations, including Reliance Capital, Reliance Home Finance, Dewan Housing Finance, Coffee Day Enterprises, and IL&FS.

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