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
Suhana Masala, Ecofactory Foundation to set up Centre of Excellence for spices production in Telangana
Suhana Masala, a spices company, has teamed up with the Ecofactory Foundation to set up a Centre of Excellence (CoE) for spices production in Telangana. The CoE, which will be located adjacent to Suhana’s existing facility in Sangareddy, will promote modern spice farming by training and equipping farmers with skills
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
World Economic Forum: Trump tells businesses to manufacture in US or face tariffs
US President Donald Trump on Thursday addressed the World Economic Forum where he offered business leaders low taxes if they manufacture their products in the US, while threatening them with tariffs if they don’t. Addressing the forum’s Annual Meeting here through video conferencing, Trump also said he is going to
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
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
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
CCI keeping pace with India’s rapidly evolving economic landscape, says Chairperson Kaur
In an exclusive interaction with businessline, Ravneet Kaur, Chairperson of the Competition Commission of India (CCI), reflects on innovation, start-ups and the future of competition law. As she marks over a year and a half at the helm, Kaur delves into her dynamic vision and strategic priorities for the competition watchdog.
Non-utility solar booms, residential rooftop likely to surpass C&I
India’s solar energy sector underwent a transformative year in 2024, with non-utility solar installations—including rooftop and off-grid systems—accounting for a significant 25 per cent of the total 24.5 GW solar capacity added during the year. This marks a significant shift from historical trends dominated by utility-scale projects, according to a
Solvent extractors concerned over import of cheaper refined edible oil from Nepal
The Solvent Extractors’ Association of India (SEA) has said that the influx of cheaper refined edible oil from Nepal is affecting domestic oil refining industry in India. In his monthly letter to the members on Thursday, Sanjeev Asthana, SEA President, said edible oils are allowed to be imported from SAFTA