BRICS tax model needs to reflect reality: FM Nirmala Sitharaman
NEW DELHI: Developing countries’ tax administrations face disproportionate costs from transfer pricing disputes and tax frameworks that do not adequately reflect their economic realities, finance…
EPFO data: Share of labour-intensive sectors drops as formal workforce grows
India’s formal workforce is expanding, but the sectors that have traditionally provided a pathway for workers with limited formal education are losing ground within it,…
Rupee may not just stabilise, but appreciate from current levels: RBI Dy Guv Poonam Gupta
Mumbai: The Reserve Bank of India (RBI) Deputy Governor Poonam Gupta on Wednesday said that there is a fair case for the rupee to not…
PhysicsWallah’s Alakh Pandey to move base to South India for business expansion
Edtech firm Physicswallah founder and CEO Alakh Pandey will shift his base to South India for the next two years to expand business in the…
Ola Electric to consider rights issue as it looks to raise fresh capital
Electric two-wheeler maker Ola Electric Mobility will consider raising funds through a rights issue at a board meeting scheduled for September 28, the company said…
Bessemer raises $5.75 billion in new funds, expands growth efforts
Bessemer Venture Partners is set to announce $5.75 billion in fresh funding to support a broader shift towards more growth stage investments, the firm plans…
IBBI allows liquidators to modify stakeholder list on new information
New Delhi: The Insolvency and Bankruptcy Board of India has allowed liquidators to modify entries in the list of stakeholders when additional information is received…
Budget 2027-28 process begins October 12 with month-long pre-budget meetings
New Delhi: The finance ministry will begin a month-long series of pre-budget meetings from October 12 as part of the preparations for Union Budget 2027-28….
AI-based drug developer Basecamp valued at $800 million after $140 million funding round
Basecamp Research said on Wednesday it has raised $140 million in a Series C funding round that valued the AI-based drug developer at $800 million….
CBDT eases TDS compliance for property buyers dealing with non-residents
The Central Board of Direct Taxes (CBDT) has simplified tax deducted at source (TDS) compliance for resident individuals and Hindu undivided families (HUFs) purchasing immovable…