Lloyds Enterprises has settled a Sebi case involving ₹144.82 crore in advances. The company paid ₹1.28 crore, while key executives Rajesh Gupta and Viresh Sohoni each paid ₹1.44 crore. This settlement comes without any admission of guilt, highlighting the complexities of corporate compliance in India.
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"Settling a case without admitting guilt? That's corporate diplomacy at its finest!"
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The tax audit deadline has been extended to October 21, allowing taxpayers to review their reports. Experts recommend filing promptly while using this time to reconcile discrepancies in tax details. This extension provides a crucial opportunity for taxpayers to ensure accuracy in their income tax returns.
Discover how the 8th Pay Commission salary hikes compare to the 7th CPC at a 2.57 fitment factor. With consultations ongoing, learn what employees can expect and when recommendations will be revealed.
Indians are increasingly purchasing gold without receipts as prices soar and import duties rise. The government has doubled the import duty on gold and silver to 15%, plus a 3% GST, impacting retail customers. This trend reflects the growing demand for gold in India despite the tax burden, highlighting a shift in consumer behavior amidst economic pressures.
The EPFO wage ceiling has increased to ₹25,000 effective September 2026, affecting your PF and EPS contributions. Depending on your membership status, contributions will vary, with specific scenarios detailing employer and employee contributions. Understanding the new wage ceiling is essential for effective financial planning and ensuring compliance with EPFO regulations.