Crypto Boom Spreads to Small-Town India Despite Tax Hurdles
Small-town India is joining the crypto trading wave, despite high taxes on cryptocurrency transactions. This trend, initially popular in major cities, is now spreading to tier-two ...
Business News
CBDT Launches Campaign to Resolve Mismatches in ITRs and AIS
The income tax department is sending SMS and emails to taxpayers and non-filers with mismatches between transactions in AIS and income in ITRs for 2023-24 and 2021-22, as part of a...
Adani's Ambuja Cements Plans Bold Merger with Sanghi and Penna
Ambuja Cements, under Gautam Adani's leadership, plans to merge Sanghi Industries and Penna Cement Industries to enhance operational efficiency and achieve economies of scale.
India's Economy: Temporary Slowdown or Long-term Concern?
Finance Minister Nirmala Sitharaman calls the Q2 economic slowdown a 'temporary blip', assuring healthy growth ahead. She highlights government's inflation management and notes str...
Zerodha Achieves Remarkable Milestone: FY24 Revenue Surpasses $1 Billion
Zerodha, an online brokerage platform, has surpassed $1 billion in revenue for FY24, with a 37% increase in topline and an 89% rise in net profit. The company also reduced employee...
Bain Capital to Launch Fuji Soft Tender Offer Without Board Approval
Bain Capital plans to launch a tender offer for Fuji Soft shares without board approval, expressing concerns over Fuji Soft's response to its proposal.
Japan's Exports Surge in November, Surpassing Market Expectations
Japan's exports grew by 3.8% in November, surpassing expectations and driven by strong global demand. Exports to China rose by 4.1%, while those to the US declined by 8%. The trade...
5% GST Retroactively Imposed on Food Delivery Charges: What You Need to Know
The GST Council is expected to clarify a 5% levy on food delivery charges by apps like Zomato and Swiggy, applying retrospectively from 2022. This move addresses a tax demand of ar...
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