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Darsh Dronobotics Systems’s Vjaitra Mobility and Trouvé push hydrogen air taxi

These air taxis promise quieter flights, zero emissions, and reduced operating costs as compared to conventional aircraft.Read more

Vivad Se Vishwas, 2024: Resolving tax disputes

VSVS 2024 has been launched for settling the disputed tax, interest, penalty and prosecution pending as on 22 July 2024 under the Income-tax laws after payment of certain normative amount determined under the VSVS 2024. Read more

Reconciliations under the GST

Reconciliation under the GST is a critical activity that ensures the accuracy of the tax amounts credited or debited in the accounts of businesses.Read more

EV industry wants incentives and tax rationalisation from budget

India's EV industry is hoping for the introduction of the FAME- III scheme, allocation of funds for public charging infrastructure, incentives for localising components, and a reduction in GST on EVs.Read more

Tax deducted at source implications on year-end provisions

TDS is required to be deducted at the time of payment or credit in books to the account of the recipient, whichever is earlier.Read more

Siemens Limited declares 19% increase in revenue; 74% higher PAT in Q2 FY24

Revenue of Rs 52.48 billion was seen as a 19% increase over the same quarter in the preceding year.Read more

Govt set to extend 15% tax rate for new manufacturing units until 2025

This potential announcement is anticipated in the upcoming Interim Budget on February 1, with the aim of stimulating the manufacturing sector, attracting fresh investments, and simplifying compliance procedures.Read more

EY forecasts extension of 15% corporate tax rate in 2024 budget

EY predicts that the interim Budget may push back the deadline for commencing manufacturing from March 31, 2024, to March 31, 2025, for companies benefiting from the 15% concessional income tax rate.Read more

PwC study reveals global impact of carbon taxes on supply chains

The study emphasises that measures like the EU's Carbon Border Adjustment Mechanism (CBAM) will necessitate companies to proactively evaluate their implications across different regions.Read more

India implements 5 yrs anti-dumping duties on Chinese imports

These measures were instituted based on the findings of the Directorate General of Trade Remedies (DGTR), an investigative arm of the commerce ministry.Read more

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