Business and Economy Articles

The Birla Group is one of the oldest and most iconic business houses in India, with a history that stretches back to the end of the 19th century. From its humble beginnings as a commodity trading company in colonial India to its current status as a g

One of India’s leading firms, the Hinduja Group, has a diversified business across sectors like banking, automotive, speciality chemicals, and business process management. Its core companies, such as Indusind Bank and Ashok Leyland, are known to he

The Muthoot Group is a leading name among India’s largest gold loan non-banking financial companies (NBFCs). Today, it serves more than 72 crore customers and has over 7,300 branches. What started as a small family business in Kerala grew into a na

Shapoorji Pallonji Group is one of India’s oldest and most influential construction‑led conglomerates. Founded in 1865 in Mumbai as a small civil works contractor, the group has transformed into a diversified global leader. Today, Shapoorji Pallo

India ─ the world’s fourth largest economy (in terms of nominal GDP) ─ was heavily criticised in recent times by global financial institutions like the IMF for the questionable quality of its economic data, including GDP, having a base year as

India’s direct taxes, which comprise personal income tax (PIT) and corporate tax, are administered at the Federal level by the CBDT (Central Board of Direct Taxes). These taxes are applied uniformly across India under the Income Tax Act, 1961 (amen

The Economic Survey 2026, tabled in Parliament on January 29, 2026, by Union Minister for Finance and Corporate Affairs Smt. Nirmala Sitharaman ahead of the Union Budget 2026 delivers a detailed evaluation of India's economic results and future direc

Every business goes through phases. Some expand, some change direction, and some eventually shut down. When a business reaches a stage where it no longer makes taxable supplies, continuing GST compliance can feel unnecessary and, frankly, exhausting.

Section 51 of GST is one of those provisions that most businesses don’t pay attention to until it directly affects a payment. Usually, it shows up quietly, when a supplier receives less money than expected and starts asking questions. Understanding

The general belief is that all taxes operate on the same basis, when in fact, they do not. TDS (Tax Deducted at Source) and GST (Goods and Services Tax) are two completely separate tax systems; however, the two systems are frequently confused with ea

Income tax discussions usually focus on how much tax is payable, but before that, the law first decides who is being taxed. This classification is more important than it appears, because tax rates, exemptions and compliance requirements depend entire

Section 92E is one of those provisions that businesses usually come across only when compliance discussions begin at the earliest. It often surfaces during tax audits or year end reviews, especially for companies dealing with group entities. At its c