Maharashtra has emerged as the largest contributor to states’ tax revenue in recent years since the implementation of the Goods and Services Tax (GST), supported by its high domestic consumption and large services sector, according to a report by India Ratings and Research (Ind-Ra).The rating agency said GST has strengthened state governments’ tax collections and…
NEW DELHI: The finance ministry on Sunday issued notification on duty concessions on Omani goods under trade pact with India, which will come into effect from June 1.The India-Oman Comprehensive Economic Partnership Agreement (CEPA) was signed in Dec last year. “Provided that the (duty) exemption shall be available only if the importer proves to the…
AI generated representative image Ten years ago, India’s insolvency landscape was defined by stalled projects, endless litigation, weak recoveries and mounting bad loans. Companies remained trapped in legal limbo for years, banks struggled to recover dues, and distressed assets steadily lost value as cases moved through multiple forums.The Insolvency and Bankruptcy Code (IBC), enacted in…
With another tax return filing season round the corner, it is pertinent for taxpayers to plan. (AI image) India’s personal tax compliance framework is undergoing a decisive transformation, driven by digitisation, pre-filled data integration, and the introduction of simplified tax regimes by the Indian Income tax department.The Income tax return (ITR) forms for FY 2025–26…
Social entrepreneur Gitanjali Angmo, activist Sonam Wangchuk’s wife, has shared her admiration for Christopher Nolan’s latest film, The Odyssey, while also offering her thoughts on the current state of Hindi cinema. In a recent post, she recalled meeting the Oscar-winning filmmaker in New York in 2024 and suggested that Bollywood should revisit its potential to…
Robbie Williams recently revealed that he has been diagnosed with autism. Not only that bbbut he also detailed on his plight with ADHD and intrusive thoughts and how he has started using creative things to cope with all of it. (Instagram) Singer-songwriter Robbie Williams, who is best known for hits like ‘Rock DJ’ and ‘Angels,’…
Riteish Deshmukh’s ambitious period drama Raja Shivaji is quickly shaping up to be one of the most talked-about films of the year, thanks to its grand scale and impressive ensemble cast. Fueling the excitement further is the confirmation of Salman Khan making a special appearance in the film.While there had been earlier reports about Salman…
Over a decade after Farhan Akhtar’s last directorial Don 2 with Shah Rukh Khan and Priyanka Chopra, Don 3 continues to make headlines — this time over Ranveer Singh’s reported exit and the fallout that followed. Breaking his silence, Farhan Akhtar admitted that the past few years have been unpredictable.In a conversation with The Hollywood…
Asian markets traded mixed on Wednesday as fading momentum in artificial intelligence-linked stocks, elevated oil prices and concerns over persistent inflation kept investors cautious.Japan’s Nikkei 225 edged up less than 0.1% to 62,774.94, while South Korea’s Kospi gained 0.9% to 7,708.05 after recovering some recent losses.Australia’s S&P/ASX 200 slipped 0.3% to 8,645.80.Hong Kong’s Hang Seng…
Jamie Bigg, known to audiences as Giant on the ‘Gladiators,’ has announced his departure from the show following the end of the current series. The former professional bodybuilder and firefighter from Ilkeston in Derbyshire has been part of the show since its return in 2024, becoming one of its most recognisable faces. His exit, however,…