ICMAI requesting the Centre to bring medical insurance under the ambit of Cost Audit of the Companies Act, 2013. It has also sought the inclusion of essential commodities and banking sectors under cost audit to prevent price inflation.
An inspect of the Uttar Pradesh excise department was arrested by the Anti-Corruption Bureau (ACB) while accepting a bribe of Rs. 25,000 in Saharanpur.
The Ghaziabad municipal corporation on Monday rejected the proposed property tax hike after it faced stiff opposition from public representatives during a special board meeting, mayor Sunita Dayal said.
India’s manufacturing MSMEs are facing an overwhelming regulatory burden, with compliance costs ranging between Rs.13 to Rs.17 lakh per year, according to a new report by TeamLease RegTech.
The first meeting of the Standing Committee of the Municipal Corporation of Delhi (MCD), held on Friday after a gap of nearly two and a half years, passed 25 crucial agendas and extended 10% rebate on property tax till July 31.
GIC Re on Saturday said its Dubai Branch has received a VAT demand notice of approximately Rs 90.42 crore from the Federal Tax Authority (FTA) of the United Arab Emirates.
India and Oman have amended their double taxation avoidance agreement (DTAA), expanding the definition of permanent establishment to cover digital and service-based operations.
Oman announced the introduction of personal income tax, targeting high-income individuals, as part of a broader fiscal reform initiative under its Vision 2040 strategy.
Oman plans to levy personal income tax as part of a broader push to move the sultanate’s economy away from reliance on hydrocarbons.
On May 22, 2025, the US House of Representatives passed the controversial ‘The One, Big, Beautiful Bill’. The Bill includes a significant provision levying an excise tax on every single dollar of remittance or international money transfer made by non-US citizens.
