Experts say they may now be slightly better placed as customers looking for tax-free returns under Rs 5 lakh investment a year may now choose their guaranteed products

Business Standard

Sebi pointed out that almost all sale and purchase transactions of Mishtann Foods Ltd (MFL) since FY20 were prima facie found to be fictitious

Hotels

Paper published by IPPR suggests new indirect tax regime led to increasing economic integration among states

The applicant, a manufacturer, had argued that 18% GST should be applicable

The data shows collections in the pandemic year FY21 declined, but bounced back in subsequent years, indicating resilience in the economy amid external headwinds

Centre, states not in favour any major change in GST structure amid inflationary pressure

Lok Sabha on Friday cleared changes in the Finance Bill to pave the way for setting up of an appellate tribunal for resolution of disputes under GST.
Currently, taxpayers are filing writ petitions before high courts in the absence of the appellate tribunal.
As per the amendments proposed in the Finance Bill 2023, which was passed by Lok Sabha on Friday, benches of the GST Appellate Tribunal would be set up in every state while there will be a principal bench in Delhi which will hear appeals related to 'place of supply'.
Even after more than five years of implementation of the Goods and Services Tax (GST), the appellate tribunal has not been set up. As a result, unresolved legal matters under GST have accumulated.
Nangia Andersen India's Tanushree Roy, Director- Indirect Tax, said establishment of the appellate tribunal would result in lower burden on high courts, Supreme Court and at the same time, would also provide taxpayers the much needed reprieve.
"This is certainly a welcome

Currently, taxpayers are filing writ petitions before high courts in the absence of the appellate tribunal

Press Trust of India

The Alliance of Digital India Foundation (ADIF) last month asked India's antitrust regulator to investigate Google for devising a new system startups say still charges them a high service fee

Boston Institute

The company aims to use the funds for tech innovations to solve the fragmented nature of the cold supply chain and reduce wastage of perishables

Rajneesh Raman, Swarup Bose, and Arbind Jain, Celcius Logistics

According to data by Venture Intelligence, the aggregate venture funding fell from $11.34 billion between January and March 2022 to $2.19 billion in the same period this year

startups, funding, business

In a Q&A, Dr Ranjan Pai also confirms that Manipal Health will look for a listing going forward

Ranjan Pai, Manipal Group

He said Legrand is planning to expand in the country, doubling down on investments and hiring about 500 people this year as well as make acquisitions

Benoît Coquart, CEO, Legrand Group

Reports surfaced recently that the company was planning to raise $250 million in fresh funding, seeking a $3.3 billion valuation. However, Maheshwari denies that

Prateek Maheshwari, Physics Wallah

We have raised $650 million as part of PhonePe's ongoing fundraise of up to $1 billion, said Sameer Nigam, CEO and founder of PhonePe

Sameer Nigam,  PhonePe

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