Giving out its analysis of the Delhi High Court's December 21 judgment, Future Retail Ltd (FRL) in a filing to stock exchanges said its board approving a Rs 24,713 crore deal to sell assets to Reliance Retail has been held 'valid in law' by the court

'Infinite India' will seek to eliminate the need for coordinating with multiple touchpoints thus leading to a hassle-free experience for foreign companies in India

On successfully undertaking the ULBs reforms, Andhra Pradesh and Madhya Pradesh have been granted permission to mobilise additional financial resources to the tune of Rs 4,898 crore through open market borrowings

As per the I-T department, Income Tax refunds of Rs 47,608 crore have been issued in 1,16,07,299 cases and corporate tax refunds of Rs 1,03,255 crore have been issued in 2,01,796 cases

The government has notified on Tuesday the recommendations of the Law Committee of the GST Council in order to control the menace of GST fake invoice frauds

The I-T Department said that 'Jhatpat Processing' feature has already been started for ITR-1 and 4 forms and taxpayers can file their I-T returns for AY 2020-21

A total amount of Rs 48,000 crore has been released so far to all states and UTs to meet the GST compensation shortfall caused by the COVID-19 pandemic

Amazon Internet Services registered 58 per cent jump in its total revenue at Rs 4,215.9 crore for FY20, helped by increased usage of cloud and other related services by existing and new customers in India

The Central Board of Direct Taxed (CBDT) has extended the last date for filing ITR for FY 2019-20 to December 31 in view of the pandemic

Flipkart Internet said its revenue is mainly generated from e-commerce, information technology enabled services, marketplace and related support services

Mahindra & Mahindra said the price hike decision has been taken in wake of the increase in commodity prices and various other input costs

The tax department has further identified 28,635 taxpayers who have not filed their GSTR-3B returns for more than 6 months as on December 1, 2020, and has ordered to cancel them

GST Council in its October 5 meeting had said that registered person having aggregate turnover up to Rs 5 crore may be allowed to furnish return on quarterly basis along with monthly payment of tax, with effect from January 1

In a January 2020 lawsuit, Racine claimed Donald Trump's real estate business and other entities misused nonprofit funds to enrich the Trump family

While government claims on tax compliance and GST collections paint a healthier picture of the economy, tax-to-GDP has fallen for two consecutive years and tax collections across the board in the first half of FY21 are nowhere close to FY20, indicating that trouble is far from over

India Stock Market Highlights Today: Bajaj Auto, M&M, L&T, HDFC, Bharti Airtel, Sun Pharma, UltraTech Cement, Titan and Tata Steel were among the top gainers on Sensex pack. On the other hand, IndusInd Bank, Infosys, Maruti and ONGC were among the laggards

Stocks to watch today on November 26: Future Retail, DHFL, Siemens, AstraZeneca Pharma, Ashok Leyland, Laurus Labs among others are the top stocks to watch out for in Thursday's trading session

India has turned the crisis created by COVID-19 pandemic into an opportunity to push the economic reforms, which remained pending for decades, says FM Nirmala Sitharaman

India Stock Market Highlights Today: IndusInd Bank, followed by Bajaj Finserv, Bajaj Finance, Reliance Industries, ONGC, NTPC and Tata Steelwere among the top gainerz in the Sensex pack. On the other hand, HDFC, Asian Paints, ITC and Bharti Airtel were among the laggards

These suggestions by GST Law Committee could make GST registration tedious, which would lead to smaller businesses refraining from registering themselves under the indirect tax regime