Business

The sale prompted opposition from the man’s daughter from his first marriage. (Image for representative purpose only) Land disputes are a tricky matter especially when it comes to property that one person claims is ancestral, and the other as self-acquired.In one such case, a daughter has claimed share in a property that her grandmother and…

What are the key reforms that have been announced and what do they mean? Let’s take a look: The 57th GST Council meeting saw the announcement of sweeping reforms aimed at ease of doing business, especially for small businesses. The changes recommended by the Council will take effect from April 1, 2027.Finance Minister Nirmala Sitharaman…

Experts say H-1B visas are an indication of the larger crackdown to ensure Americans don’t lose out on jobs. Indians, particularly IT sector professionals, hoping to work in the US, have a steep uphill climb. And, under the Donald Trump administration the fear is that the path may itself be lost! The repeated tightening of…

New Delhi, Oct 08 (ANI): Union Finance and Corporate Affairs Minister Nirmala Sitharaman chairs 57th meeting of the GST Council, in New Delhi on Thursday. (@FinMinIndia X/ANI Photo) The Goods and Services Tax (GST) Council on Thursday recommended a series of changes aimed at easing compliance, reducing procedural burdens and simplifying the GST regime, while…

TCS said growth during the quarter was broad-based across international markets, with BFSI, manufacturing and technology services among the key contributors. Tata Consultancy Services (TCS), India’s largest IT services company, on Thursday reported a 15 per cent rise in consolidated net profit to Rs 13,884 crore for the September quarter, aided by broad-based growth across…

GDP records strong growth, but why is Dalal Street tumbling? India’s GDP has surpassed estimates, clocking a 7.8% growth. The World Bank is betting on an even stronger year than it previously expected. Yet, Dalal Street is bleeding.So what’s happening? Why is the stock market crashing when the economy appears to be doing so well?Thursday…

NEW DELHI: A survey conducted by GSMA, a global organisation unifying the mobile ecosystem, has found 12% of respondents in India reported being scammed in the last 12 months as opposed to 8% in Asean-6 – Indonesia, Thailand, Singapore, Malaysia, Vietnam and Philippines.“Indian consumers also extend institutions an unusual level of permission to use their…

Vaishnaw said the government had reached a stage where India needed a regulatory framework for AI, but stressed that legislation alone would not be enough. Union minister Ashwini Vaishnaw on Friday said that government is working on bringing AI regulations starting with releasing a Consultation paper next month.The paper will focus on AI safety, harms…

Which seven routes have been selected for the new high-speed rail corridors? (Image for representative purpose only) Imagine travelling from Delhi to Varanasi by train in less than 4 hours, or even covering the distance between Mumbai and Pune in less than an hour! In the coming years, Indian Railways is looking to make that…

A CBDT Notification No. 31/2023 dated 24 May 2023 increased the exemption limit for non-government employees from Rs 3 lakh to Rs 25 lakh.  (Image for representative purpose only) You retire and get leave encashment, a part of which is exempt from tax. You file your income tax return claiming the exemption, but later the…