Income Tax Act
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Govt may relax 45-day payment rule for MSMEs in budget
PTI -
The government is considering suggestions regarding changes to Section 43B(h) of the Income Tax Act made by MSMEs during pre-budget consultationsNew Delhi: The government may relax the requirement of making payments to MSMEs within 45 days of buying goods...
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CAIT demands deferment of IT Act clause related to MSMEs
PTI -
The clause in the Income Tax Act added through the Finance Act 2023 is aimed at addressing the issue of working capital scarcity in the MSME industry and promoting prompt payments to micro and small businessesNew Delhi: Representatives of...
Finance & Funding
Colgate Palmolive gets Rs 170 crore Transfer Pricing Order from Income Tax authorities
PTI -
The Transfer Pricing Order is for the financial year 2021-22New Delhi: Leading oral care products maker Colgate-Palmolive (India) has received a Rs 170 crore Transfer Pricing Order from Income Tax authorities disallowing 'certain' international transactions.The Transfer Pricing Order is...
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Amazon partners with Womennovator to enable 200 Indian women entrepreneurs to go global
Over the next 24 months, Amazon will onboard the entrepreneurs associated with Womennovator on its e-commerce exports program – Global SellingBengaluru: Online retailer and marketplace Amazon India announced its association with Womennovator, a global incubator for women entrepreneurs, to...
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Digital Icon : Rakesh Bali
Rakesh Bali is at the helm of brand marketing, communications, events, and sustainability-related marcom initiatives for the petrochemicals segment...
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