Non-liable businesses can now get temporary identity under GST, notifies CBIC
Central Board of Indirect Taxes and Customs (CBIC) has notified the mechanism for businesses to get a temporary identification number under GST, even if the said entity is not required to do so. It has also announced the waiver of excess of late fee for FY 17-18 to FY 22-23
PR industry in India to grow to ₹4570 crore by FY 2030: PRCAI
Outpacing global growth trends, the PR industry in India touched the ₹2500 crore mark in FY 2023, up 19 per cent year-on-year, and is poised to grow to ₹4570 crore by FY 2030 with a compounded decadal CAGR of 12.8 per cent, a report by the Public Relations Consultants Association
Karnataka Governor Gehlot returns the Mineral Tax Bill, seeks clarification
The Karnataka Governor Thawar Chand Gehlot has returned the Mineral Tax Bill, according to news reports. The Governor cited queries raised by mining associations as the reason for his decision. Commenting on the development, Congress spokesperson, BL Shankar stated, “This Bill was introduced in the interest of the community. Both
US to have only two genders, male and female: Trump
US President Donald Trump on Thursday said the US will have only two genders, male and female, and no men will be allowed to participate in women’s sports. Days after assuming office for his second term, Trump addressed the World Economic Forum Annual Meeting here through video conferencing and said
TN emerging hub for R&D, advanced manufacturing: Rajaa in Davos
At the World Economic Forum (WEF) Annual Meeting 2025 in Davos, Team Tamil Nadu pitched the State as an emerging destination for research, development and advanced manufacturing in over 50 intensive meetings and engagements. The delegation, led by State Minister for Industries TRB Rajaa, highlighted the new ambition to move
CAI revises upwards 2024-25 cotton output, consumption figures
Cotton Association of India, the apex trade body for the fibre crop in the country, has revised upwards its crop projections by 2 lakh bales of 170 kg each from its earlier estimates for the crop year 2024-25 ending September. The trade body also estimates the consumption to be higher
US remains top destination for engineering goods exports in December
The US continued to be the top destination for India’s engineering goods exports in December 2024 while West Asia and North Africa (WANA) emerged as the top region for the first time, according to an analysis by EEPC India. While engineering exports have grown for eight consecutive months despite looming
Ex-ante framework will be beneficial for digital markets regulation, says CCI chief Ravneet Kaur
The Competition Commission of India (CCI) is in favour of introduction of an ex-ante framework for regulation of booming digital markets in the country and sees it as a beneficial tool in the hands of the regulator, its Chairperson Ravneet Kaur has said. The competition watchdog is looking at ex-ante regulation
Maharashtra signs MoUs worth over ₹17 lakh crore at Davos
Maharashtra has garnered investment commitments of around ₹17 lakh crore from diverse companies, Indian and global, at the World Economic Forum in Davos, with Reliance Industries signing MoUs worth over ₹3 lakh crore. Some of the other preliminary agreements that the state chief minister Devendra Fadnavis has signed over the
Tata Sons seeks CCI nod for 10 per cent stake buy in Tata Play
Tata Sons Private Limited (Tata Sons) has approached the Competition Commission of India (CCI) for approval to acquire a 10 per cent stake in Tata Play Limited from Baytree Investments (Mauritius) Pte Ltd., a Temasek affiliate. The proposed transaction, notified under Section 6(2) read with Section 5(a) of the Competition