Crypto exchanges to collect tax residency, ID details of users under new CBDT framework
New Delhi: India has aligned its cryptocurrency reporting rules with the OECD‘s global framework, requiring crypto exchanges and other digital asset intermediaries to collect users’…
Tax filers scramble to fix foreign asset disclosures: I-T portal data & SMS alerts prompt review of overseas holdings before July 31
As the tax filing deadline nears, many are treading a minefield of rules on foreign assets, the details of which were uploaded to taxpayers’ Income…
Need for balanced regulatory system to promote use of bio-tech in farm sector: ICAR DG
New Delhi: Indian Council of Agricultural Research (ICAR) Director General ML Jat has stressed the need for a balanced regulatory system to facilitate the safe…
Budget has buffers to tackle global risks, no need to revisit govt’s budget estimates yet, says Sitharaman
Mumbai: Union Finance Minister Nirmala Sitharaman on Sunday said the government does not see a need to revisit its Budget estimates despite renewed geopolitical tensions…
Applying Chinese ecosystem learning to build Indian smartphone; eyes Rs 7,500 crore sales: NxtQuantum founder
With over 20 years of industry experience, including building mobile phone brands in the Chinese ecosystem like Realme, NxtQuantum founder Madhav Sheth says he is…
CCI avoiding suo motu probes to prevent conflict of interest
New Delhi: Competition Commission is avoiding taking up suo motu cases unless nobody is willing to come forward, as there is a conflict of interest…
The rise of the deserving rich
BILLIONAIRES HAVE never exactly been popular, but today they are loathed. Politicians in America’s Congress talk about them far more than ever before, usually to…
Elon Musk’s vision of the future
ELON MUSK, in his telling, is a modern-day Cassandra—better than most at predicting the future, but doomed to be disbelieved. “People don’t realise that what…
What investment gurus get wrong
FINANCIAL ADVICE was once doled out solely by well-paid professionals, and solely to the wealthy. Then, from the 1980s, celebrity advisers took their tips to…
US tariff proposal wake-up call for Indian pharma to diversify, innovate: Experts
New Delhi: India’s pharmaceutical industry should treat the proposed US tariffs on imported generic medicines as a wake-up call to reduce dependence on a single…