30 Jan, 2025
Amber Dalal’s Investment Fraud: What Happened? On January 23, 2025, the Enforcement Directorate (ED), Mumbai, filed a Prosecution Complaint (PC) against Amber Dalal and his firm, M/s Ritz Consultancy Services, under the Prevention of Money Laundering Act (PMLA), 2002. The Hon’ble Special Court (PMLA) in Mumbai took cognizance of the case on January 24, 2025. […]
Read More30 Jan, 2025
What is the GST Composition Scheme? The GST Composition Scheme is a simplified tax option for small businesses. Instead of paying GST at standard rates, eligible businesses can pay a fixed percentage of their turnover. This scheme reduces compliance burdens, offering an easier way to fulfill tax obligations. For the financial year 2025-26, the opt-in […]
Read More30 Jan, 2025
Tata Motors Q3 FY25 Financial Results: Mixed Performance with Profit Decline and Revenue Growth Tata Motors announced its financial results for the third quarter (Q3) of fiscal year 2025, ending December 31, 2024. The report highlights a 22% year-on-year (YoY) drop in net profit, while revenue registered a 2.7% increase. Here’s a closer look at […]
Read More30 Jan, 2025
IBM Stock Surges on Strong Q4 Earnings & AI Growth IBM’s stock witnessed a remarkable 14% surge on January 29, 2025, following the release of its fourth-quarter earnings report. The tech giant exceeded market expectations, posting strong revenue growth and demonstrating significant progress in artificial intelligence (AI). Investors reacted positively to IBM’s optimistic 2025 outlook, […]
Read More30 Jan, 2025
U.S. Moves to Further Limit NVIDIA’s Chip Sales to China The U.S. government is reportedly considering imposing new restrictions on NVIDIA’s AI chip exports to China, specifically targeting H20 chips. These discussions, still in their early stages, reflect growing concerns about China’s advancements in artificial intelligence (AI) and semiconductor technologies. If enforced, these measures could […]
Read More29 Jan, 2025
India’s Union Budget 2025-26 is a crucial step in advancing green energy and sustainability. As the country faces economic and climate challenges, the budget is expected to introduce policies that accelerate renewable energy growth, enhance energy storage, and support sustainability efforts. 🔹 Boosting Renewable EnergyGreen Hydrogen Development: Incentives to establish India as a global leader […]
Read More29 Jan, 2025
Introduction The stock market often thrives on expectations, and the Denta Water & Infra Solutions Limited IPO was no exception. Investors anticipated a massive surge in share value, given the overwhelming subscription numbers. However, while the listing was positive, the gains were more of a drizzle than a downpour. Let’s break down what happened. Denta […]
Read More29 Jan, 2025
Introduction As Finance Minister Nirmala Sitharaman prepares to unveil the Union Budget 2025, businesses, taxpayers, and industry leaders are eagerly anticipating significant policy shifts. This year’s budget must navigate a delicate balance between fiscal discipline and economic growth while addressing public expectations on taxation, subsidies, and regulatory reforms. Income Tax Reforms: What to Expect? One […]
Read More29 Jan, 2025
How GST Budget Reforms Could Shape the Future of India’s MSMEs The Goods and Services Tax (GST) has significantly altered the taxation landscape in India, particularly for Micro, Small, and Medium Enterprises (MSMEs). While GST has simplified tax structures and enhanced transparency, its stringent compliance requirements continue to pose challenges for small businesses. As the […]
Read More29 Jan, 2025
Understanding CBIC’s Clarification on GST Applicability The Central Board of Indirect Taxes and Customs (CBIC) has provided much-needed clarity regarding the applicability of Goods and Services Tax (GST) on penal charges imposed by banks and non-banking financial companies (NBFCs). As per the latest circular, penal charges levied by RBI-regulated entities for breaches of contract terms […]
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