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Shady deals at companies going bust? A concerted clawback effort is on the way

New Delhi, Oct. 10 -- The Centre is looking to tighten the noose around shady transactions at companies undergoing bankruptcy proceedings committed by previous managements, two people aware of the pla... Read More


Mint Explainer | GST cuts are huge. How can the government afford them?

New Delhi, Oct. 9 -- Last month the GST Council implemented the biggest reform to date in the eight-year-old indirect tax system, seeking to simplify it and simulate consumption. More measures to make... Read More


Delayed refunds, denied tax credits: For businesses, a long struggle may be about to end

New Delhi, Oct. 8 -- After the recent tax rate cuts, the Goods and Services Tax (GST) Council, the apex decision-making committee on indirect taxes, next plans to make availing of tax credits and clai... Read More


What if AI is quietly fixing prices without anyone noticing?

New Delhi, Oct. 6 -- India's antitrust watchdog is set to sharpen its enforcement powers to tackle the threat to competition posed by the deployment of artificial intelligence (AI) in the industry, an... Read More


Sustained, moderately high growth and trade deals can supercharge India: World Bank's Franziska Ohnsorge

New Delhi, Oct. 5 -- Trade deals can spark a manufacturing renaissance for India, and a consistent, moderately high annual growth rate of 6%-7.5% over an extended period of time without any macroecono... Read More


NITI Aayog proposes a tax fix to ease business for offshore companies

New Delhi, Oct. 3 -- Federal policy think tank NITI Aayog on Friday proposed a presumptive taxation scheme for offshore companies deriving profits from India as part of efforts to enhance the country'... Read More


Bankruptcy early-warning system on IBC reform agenda

New Delhi, Oct. 3 -- A system prompting businesses to take steps to mitigate financial distress before it gets out of hand could become a feature of India's corporate and bankruptcy law if early discu... Read More


Finance ministry orders probe after trading firm threatens to stop operations

New Delhi, Oct. 2 -- The finance ministry has ordered a probe into complaints raised on social media by a trading firm in Tamil Nadu, which alleged it was forced to stop operations on account of haras... Read More


FIU issues notices to 25 offshore crypto firms over PMLA non-compliance

New Delhi, Oct. 2 -- The Financial Intelligence Unit of India (FIU-IND) has issued notices to 25 offshore virtual digital asset (VDA) service providers for alleged non-compliance with India's anti-mon... Read More


SC suggestions on bankruptcy reforms will be implemented: Officials

New Delhi, Oct. 1 -- The Insolvency and Bankruptcy Board of India (IBBI) is working on the suggestions made in a recent case by the Supreme Court for improving the bankruptcy ecosystem, its chairperso... Read More