on Thursday issued a set of clarifications issued by the Central Board of Direct Taxes (CBDT) to address difficulties faced by foreign portfolio investors (FPIs) in obtaining Permanent Account Numbers…
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Legal experts decode Adani-SEC settlement and its global impact
Legal experts say the proposed settlement between the US Securities and Exchange Commission (SEC) and the Adani Group could effectively bring an end to the civil proceedings in the United…
SEBI expands use of borrowings for highly leveraged InvITs
Markets regulator SEBI on Friday widened the permitted use of fresh borrowings by Infrastructure Investment Trusts (InvITs) whose net debt exceeds 49 per cent of the value of their assets.…
Hindustan Zinc aims to unlock ₹2,000 cr in value through AI push
Hindustan Zinc Ltd, a Vedanta Group company, is targeting ₹2,000 crore in value delivery through AI-led industrial transformation with V-Spark DeepTech Ventures. Announcing this at Zinnovation 2026, the company said…
Supreme Court rules UP cannot levy VAT on interstate natural gas sales
In a significant judgement, the Supreme Court on Friday dismissed a batch of pleas of the Uttar Pradesh government and ruled that the state cannot levy local Value Added Tax…
Silver crashes Rs 21,600 per kg, gold falls Rs 3,200 amid strong dollar
Silver prices plunged by Rs 21,600 to Rs 2.75 lakh per kg while gold dropped by Rs 3,200 to Rs 1.62 lakh per 10 grams in the national capital on…
Thangamayil Jewellery Q4 profit at ₹142 crore, flags gold demand risk on PM call
Madurai-based Thangamayil Jewellery Ltd doubled its net profit to ₹142 crore for the fourth quarter ended March 2026, as against ₹39 crore in the corresponding quarter last year. Revenue more…
Gems, jewellery exports fall 9% in April on weak demand
Gems and Jewellery exports declined by 9 per cent in April to $2.45 billion (Rs 20,952 crore) due to the ripple effect of ongoing geopolitical tensions in West Asia, which…
Government gives final nod to Emirates NBD’s $3 billion majority stake in RBL Bank
Dubai-based has received all regulatory and governmental approvals including from the Government of India for its acquisition of a majority controlling stake in Limited, paving the way for the imminent…
Gift tax rules explained: Who can give you money or assets without tax implications?
Gifts received in the form of money, property, or assets are treated as income under the Income Tax Act. If the value of such gifts exceeds the prescribed threshold, they…