Regulatory clearance delays can lead to uncertainty: FM Sitharaman

[ad_1] NEW DELHI: Delays in regulatory clearances can lead to uncertainty and disrupt commercial timelines, finance minister Nirmala Sitharaman said on Tuesday as India negotiates trade deals with various countries, including the US.According to Sitharaman, also the corporate affairs minister, it is imperative that regulatory frameworks, while maintaining rigorous oversight, also facilitate swift and seamless…

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Big hit for Indians in the US! How Donald Trump’s steps to curb migration, tax remittances may cost India billions of dollars

[ad_1] The Trump administration is bringing The One Big Beautiful Bill, which carries significant implications for many Indians residing in the US. (AI image) India is staring at a double whammy – It is at the risk of losing a several billion dollars remittance lifeline as US President Donald Trump cracks down on migration. Not…

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Bajaj Group get CCI’s clearance to acquire Allianz’s stakes in insurance joint ventures for Rs 24,180 crore

[ad_1] NEW DELHI: The Competition Commission of India (CCI) on Tuesday approved Bajaj Group’s plan to acquire a 26% stake each in Bajaj Allianz General Insurance and Bajaj Allianz Life Insurance from its partner Allianz SE, valued at Rs 24,180 crore.“The proposed combination involves acquisition of 26 per cent paid-up equity share capital of Bajaj…

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Quality Control Order implementation for electrical appliances deferred to March 2026 following stakeholder talks

[ad_1] NEW DELHI: The government has extended the implementation timeline for the Safety of Household, Commercial and Similar Electrical Appliances Quality Control Order, 2025 by nearly one year, now scheduled to take effect from March 19, 2026, for domestic large and medium enterprises as well as foreign manufacturers.The decision follows a stakeholder consultation held on…

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Income tax department notifies ITR-U: Extended window for filing updated return, penalties- all you need to know

[ad_1] NEW DELHI: The Income Tax Department has officially notified the updated return form, called ITR-U, allowing taxpayers with an extended window of four years to rectify or update their income tax returns. This move comes in line with the amendments introduced in the Finance Act, 2025.Previously, taxpayers had a 24-month period to file an…

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