new tds compliance

Windfall Tax Introduction The government has imposed a windfall tax on domestic oil producers. Oil producers have recorded steep revenues in recent months amid record-high international crude oil prices. Tarun Bajaj, Revenue Secretary, has said that the windfall tax will be re-evaluated on a fortnight basis, based on foreign currency rates and international oil prices. […]

companies rushing

Companies Rushing Recently, the ‘Uttar Pradesh Investors Summit 3.0’ laid the foundation stone for 1,406 projects worth INR 80,000 crore. This year’s investment is higher than the previous two summits as the state attracted 81 projects worth over INR 61,500 crore in its first summit while 290 projects worth INR 67,000 crore in the second […]

borrowers need

Borrowers Need The interest rates of home loans have begun to rise again. One may expect the interest rates to rise by about 200 basis points (2%) in two years. This is expected to increase the home loan tenure, as the interest burden increases. To ensure home loans don’t become a burden over time, borrowers […]

gambling becoming

Gambling Becoming Real Money Games (RMGs) are games in which the players play for a wager. gambling becoming These games make up around 80% of India’s online gaming industry. According to a report by Economic Times, Indian gamers have spent approximately USD 1.73 billion in online sports betting during the year 2021. The experts have […]

cement prices

CEMENT PRICE Holcim India has announced to exit India. Its decision has surprised the industry as it formed more than 20% of the national capacity and sales volumes. Besides, amongst geographies, India also makes up 23% of the total global capacity of the company and contributes 27% of sales volumes. However, the company has been […]

vpn rules

VPN RULES Background Indian Computer Emergency Response Team (CERT-In), India’s cybersecurity watchdog, has issued new directives for companies offering Virtual Private networks (VPN). Under the new directive, VPN provider companies are required to store user data for at least five years, amongst other rules. These companies are now mandated to collect specific customer data even […]