Key GST measures, from amnesty to e-invoicing, aimed at ease of doing biz, transparency, ETCFO

India’s Goods and Services Tax (GST) framework has continued to evolve since its introduction in July 2017, with 2024 marking a year of reforms aimed at enhancing compliance, transparency, and ease of doing business. From resolving legacy issues through amnesty schemes to leveraging technology for efficient tax administration, these reforms reflect a maturing tax regime […]

India curbing misuse of tax havens through regulatory measures, global tax standards, say experts, ETCFO

The central government is taking decisive steps to curb tax avoidance through tax haven destinations such as Mauritius and Luxembourg and secure crucial revenue for public services and infrastructure, said experts. While these jurisdictions have historically facilitated foreign investments into India, their secretive, low-tax nature has led to significant revenue loss for the country. In […]

Economy

India’s 10-year government bond yield softens on expectation of RBI’s liquidity enhancement measures

Yield of the benchmark 10-year Government Security (G-Sec) softened on Wednesday, with the spread between this paper and the overnight repo rate declining to a seven-year low, amid expectations that RBI will come up with liquidity easing measures to cool money market rates, which have tightened due to RBI’s intervention in the forex market. The […]

NFRA says can reconsider remedial measures if ICAI provides strong evidence of concentration risks, ETCFO

The National Financial Reporting Authority (NFRA) remains resolute in its stance on the revised auditing standards, particularly SA 600, which deals with group audits. However, the authority has expressed a willingness to reconsider additional remedial measures if significant evidence emerges regarding potential risks to audit diversity and concentration, sources close to NFRA told ETCFO. “We […]

China announces policy measures to shield exports from Trump’s tariff threat

China on Thursday, in response to US President-elect Donald Trump’s threat to increase tariffs on Chinese goods, announced new measures on Tuesday to support its export sector.Beijing aims to create a “good environment” for its exports and counter the “unreasonable foreign trade restrictions” imposed by the US.China’s commerce ministry, in a notice, stated that these […]

NationsBenefits Acquires Good Measures to Revolutionize Food as Medicine Solution

Plantation, Fla., United States:   NationsBenefits®, the leading fintech, benefits, and outcomes platform for healthcare, announced the acquisition of Good Measures, the leading platform for Food as Medicine supporting health plans and their members. Good Measures combines clinical coaching, proprietary technology, and personalized food prescriptions to improve health outcomes through food […]

Is saree cancer real? Here’s how tight petticoat can lead to skin cancer; know causes, early signs, preventive measures | Health

The six yards of grace may not be all good news. Recently, the risk of wearing sarees being associated with cancer is being talked about, and the fear is real. In an interview with HT lifestyle, Dr. Darshana Rane, Consultant – Medical Oncology, HCG Cancer Cantre, Borivali, said, “A rare but notable condition called saree […]