Vivek Chaturvedi, Chairman of CBIC, emphasized the importance of reducing compliance burdens for GST taxpayers. During a recent meeting, various stakeholders discussed upcoming reforms focused on simplifying tax administration processes. Proposed changes include decriminalisation of certain offences and a higher threshold for prosecutions. The introduction of automated refunds and centralised administration aims to improve taxpayer experiences.
The appointment follows a recommendation from the company’s Nomination and Remuneration Committee and takes effect from Tuesday, the fund house said.
Fusion CX raised Rs 315 crore from anchor investors ahead of its Rs 702-crore IPO, with Ashish Kacholia and Kotak Mahindra Life Insurance among the participants. The issue opens on October 14 and closes on October 16. Swastika Investmart has assigned a Neutral rating, citing valuations and limited scope for re-rating.
The declaration, approved during the first meeting of BIMSTEC home ministers here, outlines principles guiding security cooperation and prioritises information sharing, mutual legal assistance, extradition, capacity building, and the effective implementation of existing agreements and plans of action, a government statement said.
A meeting scheduled for October 15, 2026, between BCCI and IPL stakeholders in Mumbai has been postponed. This decision follows the requirement for BCCI officials to attend a felicitation ceremony in New Delhi. The ceremony will honor the Indian men's and women's teams for their performances at the recent Asian Games. Additionally, various stakeholders requested a postponement to improve attendance.
On Tuesday, the rupee ended at a five-week high, gaining 49 paise to close at 95.28 per US dollar
NSE IFSC and the London Stock Exchange have signed an MoU to explore dual listings, cross-listings, new financial products and cross-border trading connectivity between GIFT City and London. The proposed collaboration could expand global investor access for Indian issuers, improve market connectivity and strengthen GIFT IFSC’s role as an international financial hub.
