business

CBDT chief urges industry to provide feedback on new income tax bill

The new income tax bill, which will replace the six decade old Income Tax act, 1961, has been drafted within six months and efforts have been made to simplify the language to make tax compliance easier for taxpayers and make it easier to read and understand.

Nasscom welcomes budget's emphasis on enhancing ease of doing business

No tax for individuals earning up to ₹12 lakh per year under new regime: FM

High hopes for tax cuts as FM Sitharaman presents record 8th budget

FM Sitharaman and team face multiple challenges in framing the FY26 budget

The uphill task before the Finance Minister and her team would be to bolster growth without sacrificing fiscal prudence. The government is also expected to stick to the fiscal glide path of reducing the fiscal deficit to below 4.5% of Gross Domestic Product (GDP) in FY26 amidst various headwinds.

Investing in women's health could unlock $400 billion in global GDP annually: WEF

The report highlighted disparities in women's health caused by gaps in data, funding, guidelines, and delivery systems, and outlined five actions to address these imbalances to unlock greater health equity.

WEF report highlights India being at forefront of tech-driven transformation

India's advocacy for and pursuit of developmental templates where technology serves as a bridge rather than a barrier are highly relevant and the Forum is proud to act as its partner in shaping a more human-centric, planet-friendly and resilient future, the foreword of the report said.

Dunzo's final delivery: Reliance-backed delivery app shuts down after CEO Kabeer Biswas departs

Reliance Retail wrote off its $200M investment in Dunzo due to liquidity issues, halting acquisition talks. Meanwhile, CEO Kabeer Biswas is negotiating a ₹300 crore acquisition, as the app and website shut down post-departure.

I love staring at my wonderful wife: Anand Mahindra weighs in on 90-hour work week debate

It isn't about 40 hours or 70 hours or 90 hours, you can change the world even in 10 hours if the focus is on "the quality of work," the Mahindra Group Chairman says after L&T Chaiman SN Subrahmanyan sparked an online outrage asking employees to stop staring at their wives and show up to work on Sundays too.

L&T stands by chairman's controversial 90-hour work week statement, highlights nation-building mission

After Larsen & Toubro chairman SN Subrahmanyan was trolled heavily for his remarks that his employees should be at work even on Sundays, the company issued a statement that he only aimed to stress that "extraordinary outcomes require extraordinary effort."