Category: Economy
CBDT retains tolerance level of transfer pricing at 1% for AY 2025-26
The Central Board of Direct Taxes (CBDT) has retained the tolerance range for transfer pricing at 1% for wholesale trading and 3% for other transactions…
Wedding season boom set to drive Q3FY26 growth after festive spending spree
New Delhi: The economy will be powered in the third quarter by a booming marriage season, on the heels of record festive consumption buoyed by…
Trump plans likely India visit next year; says talks with PM Modi ‘going well’
U.S. President Donald Trump said on Thursday that his talks with Prime Minister Narendra Modi were going well and that he would be visiting the…
Two centralised cadres in works for revenue and expenditure audits
New Delhi: The Comptroller and Auditor General (CAG) will create two centralised cadres for revenue and expenditure audits, with an aim to deepen professional expertise…
India, New Zealand set to finalise FTA soon: Piyush Goyal
Rotorua: Commerce and industry minister Piyush Goyal Thursday said talks for a free trade agreement (FTA) between India and New Zealand are progressing fast and…
India aims to lift female labour force participation to 55% by 2030
New Delhi: India is aiming to lift its female labour force participation to 55% by 2030 from 41.7% in FY24 through interventions ranging from flexible…
Services activity at 5-month low in Oct over heavy rains, competition
New Delhi: India’s services activity eased to a five-month low of 58.9 in October from 60.9 in September as competitive pressures and heavy rains in…
ICAI submits suggestions on insolvency law amendments to Parl panel
Chartered accountants’ apex body ICAI on Thursday made its submissions to a Parliamentary panel on the proposed amendments to the insolvency law. The Select Committee,…
Discussing with RBI, banks on consolidation, says FM Nirmala Sitharaman
The government is discussing with the RBI and banks on the need to have bigger banks in India and to create a conducive environment for…
Gig workers’ body urges Centre to implement social security provisions under labour code
The Indian Federation of App-based Transport Workers (IFAT) has urged Union Labour Minister Mansukh Mandaviya to immediately operationalise the social security measures for gig and…