GST council set to convene soon; tax simplification, compensation cess likely on agenda
The Goods and Services Tax Council will soon meet to discuss GST simplification. Tax rate rationalisation and the future of the compensation cess are on ...
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US markets today: Oracle slump drags S&P 500 lower; most stocks rise as yields ease
US stocks saw a mixed performance on Thursday, with the S&P 500 and Nasdaq declining while the Dow Jones Industrial Average edged higher. Oracle’s significant ...
New labour codes: Does your salary & wage definition, PF contribution, ESI, gratuity payout & bonus change? Explained
New labour codes are set to redefine wage calculations, impacting salary structures, PF contributions, and gratuity payouts. The broader definition of ‘wages’ means more components ...
Trump’s $1 million Gold card: What does it mean for Indians, EB-5 visa aspirants? What you should know
US President Donald Trump has launched a new Gold Card program, requiring a $1 million donation for individuals or $2 million for corporations to gain ...
Rural deposit boom: Fixed deposits surge 14% in villages; metros lose momentum as savers shift to market products
Rural India is now leading the nation’s fixed deposit expansion. This marks a significant shift from past trends where metropolitan areas drove deposit growth. Rural ...
Banking charges update: RBI weighs uniform disclosure template; lenders begin reviewing regulator’s proposals
The Reserve Bank of India is pushing for uniform service charge disclosures and fee consolidation among banks. Discussions are underway to standardize fee structures, particularly ...