| ETCFO Newsletter | Monday, April 28, 2025 |
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Daily Newsletter
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Top Stories
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India's direct tax collections surged by 15.6% to exceed Rs 27 lakh crore last fiscal year. Refunds also saw a significant jump, reaching nearly Rs 4....
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Congress has criticized the government, asserting that economic growth is exacerbating inequality and calling for tax reforms. Simultaneously, Externa...
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India's GST dispute resolution is set for a major overhaul with the notification of the GSTAT Procedure Rules, 2025, effective April 24, 2025. These r...
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The Insurance Amendment Bill, allowing 100 percent FDI, may soon be introduced in Parliament. The finance ministry aims to table the bill during the m...
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Therefore, excluding its performance did not affect the sample's top-line growth. However, the company's contribution to total profit reduced to aroun...
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Trade war impacts global commerce. Chinese firms seek Indian exporters to fulfill US orders due to tariffs. Indian companies are approached at Canton ...
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Governance, Risk & Compliance
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The Enforcement Directorate is investigating FairPlay, a betting app accused of illegally streaming IPL matches and laundering money. The probe reveal...
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IndusInd Bank disclosed that an independent review found a cumulative Rs 1,959.98 crore impact on its P&L from incorrect accounting of derivative trad...
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Business & Fund raising
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Zepto founders Aadit Palicha and Kaivalya Vohra are raising about Rs 1,500 crore through structured debt to boost Indian ownership ahead of the compan...
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Ather Energy plans to raise â¹2,626 crore through an IPO to fund expansion and R&D, while offering â¹355 crore in an offer for sale. Despite ongoing...
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Policy & Macro
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I4C focusses on improving coordination between various law enforcement agencies and the stakeholders, driving change in India's overall capability to ...
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Amid rising economic anxiety, US President Donald Trump suggested tariffs could lead to income tax cuts for those earning under $200,000. This proposa...
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Canara Bank and Indian Bank rates have dropped to 7.90% after a 25 basis points cut. LIC Housing Finance too cuts rates 25 bps.
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Reserve Bank Governor Sanjay Malhotra has urged US industry leaders to invest in India, highlighting its position as the fastest-growing major economy...
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Tax
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Restaurants often offer food deals to ease the stress of tax season, but Japan has taken the idea further with its furusato nozei ("hometown tax") sch...
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Corporate
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Reliance Industries has emerged as a strong contender for a significant stake in Haier India, potentially competing with a consortium led by Sunil Mit...
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AESL's profit after tax surged 87 per cent year-on-year to â¹714 crore in the March quarter, while total income rose 36 per cent to â¹6,596 crore.
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Sudarshan Venu, Managing Director of TVS Holdings, has been recognized as a "significant beneficial owner" following a transfer of promoter shares, ac...
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Economy
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Global finance leaders left Washington with lingering uncertainty regarding President Trump's tariffs and their economic impact. Despite numerous meet...
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