tax advantages

In a bold move to tackle corruption, the CBI detained a GST superintendent and an inspector in Giridih, accused of soliciting a bribe of Rs 90,000 from a complainant to fix an input tax credit dilemma. The officials reportedly intimidated the individual, threatening to revoke his GST registration.

Digital Payments Lead the Way

State-run oil companies gear up for production; CSIR scientist says airfares will rise by only Rs 100-200

President Droupadi Murmu will present 66 Padma Awards today, including two Padma Vibhushan and six Padma Bhushan honours, at Rashtrapati Bhawan. This marks the first phase of conferring the nation's highest civilian honours for 2026. A total of 131 Padma Awards have been approved this year, recognizing exceptional service across various fields.

India has moved silver imports to a "restricted" category, requiring government approval, to prevent traders from exploiting a duty gap created by a recent 15% import tax hike. This move aims to curb arbitrage opportunities through the India-UAE free trade agreement, protect foreign exchange reserves, and control precious metal inflows, while exempting export-oriented industries.

AI Photos In Uniform Helped Class X Dropout Build Trust, Exploit Women Emotionally And Financially

Dell Technologies stock reached an all-time high after President Trump publicly endorsed the company, urging Americans to "go out and buy a Dell." This surge followed the Dell family's pledge of $6.25 billion to fund "Trump Accounts," designed to provide seed money for children's investment accounts.

China's blocking of Meta's $2 billion Manus AI acquisition signals a shift, making Singapore a less effective shield for Chinese tech firms seeking Western exits. Regulators intervened despite Manus's Singapore registration, barring founders from leaving the country. This move suggests Beijing's scrutiny now extends beyond incorporation, impacting future international ventures.

Nvidia CEO Jensen Huang has surpassed Michael Dell on Forbes' real-time billionaires list, with Huang's net worth reaching $191.5 billion. This shift occurred as Nvidia's stock surged due to AI demand, while Dell Technologies saw a decline following President Trump's public praise and encouragement to buy Dell products.

Noida International Airport (NIA) faces controversy over high charges for airlines and passengers, negating its lower VAT advantage over Delhi's IGI Airport. IndiGo warns this will make flying from Noida costlier, potentially deterring fliers and impacting the new airport's success. Despite the operator's defense, fares are comparable, offering no cost incentive for passengers.

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The Indian rupee is facing significant pressure, weakening against the US dollar due to soaring crude oil prices driven by Middle East geopolitical tensions and persistent foreign fund outflows. Despite India's robust economic growth, the currency's slide continues as the Reserve Bank of India intervenes to curb volatility rather than target a specific exchange rate.

A declining U.S. dollar, down approximately 10% since Donald Trump's return to the White House, is quietly increasing the cost of everyday life for Americans. This weakening currency shrinks purchasing power, making imported goods and foreign travel more expensive, while benefiting large multinational exporters.

Bajaj Auto has downsized the Pulsar NS400Z engine to 349cc, aligning with industry trends and lower GST. This move positions it against the TVS Apache RTR 310, offering competitive features and a significant price advantage. The NS400Z boasts ride-by-wire and multiple ride modes, while the RTR 310 counters with advanced electronics and premium features.

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A large section of today’s workforce earns more than ₹15,000 but remains outside compulsory social security coverage. Raising the EPF wage ceiling seeks to bridge this gap by aligning statutory coverage with present day wage realities.

Karnataka's Resource Mobilisation Committee has recommended introducing online liquor sales and home delivery as part of excise reforms. The move aims to enhance traceability, strengthen tax collection, and improve the legal alcohol market. The committee believes regulated online sales can offer better monitoring and age verification, despite acknowledging potential risks.

Rajasthan Royals host Sunrisers Hyderabad tonight in Jaipur for a crucial IPL 2026 clash. RR, with 10 points, aim to leverage their strong home record after a recent win. SRH, on a three-match winning streak and bolstered by Pat Cummins' return, present a formidable challenge. Both teams face batting concerns, making this a must-win encounter.

India and New Zealand have signed a 'once-in-a-generation' trade pact, granting Indian exporters duty-free access to New Zealand. The agreement aims to double bilateral trade to $5 billion in five years and includes a $20 billion investment commitment from New Zealand. Both nations are optimistic about the pact's potential to boost economic growth and cooperation across various sectors.