Airlines told to share international fliers' PNR with customs

Airlines will have to mandatorily share PNR (passenger name record) details of passengers with customs authorities 24 hours prior to departure of international flights, a move which will help......

Indian Corporate Refugees Say 'Dasvidania' to Moscow

'If a stranger refuses to pet my Russian dog, what treatment can I expect for myself?'Geetanjali Krishna reports from Dubai. IMAGE: Vkusno & tochka, which opened in Moscow, June 12, 2022,......

Share buyback tax was not warranted

Levying buyback tax at a flat rate of 20 per cent (plus applicable surcharge and cess), irrespective of the period for which shares are held will be a dampener for equity shareholders who take......

Over 100,000 small and mid-sized firms flout GST e-invoicing rules

Over 100,000 small and medium-sized businesses are non-compliant with e-invoicing norms under the goods and services tax (GST) regime, a mandatory requirement for businesses with an annual turnover......

Nirma to tap into own funds, debt to buy Glenmark Life Sciences

Detergent to chemicals major Nirma Ltd is planning to tap into its own funds and raise debt to fund its Rs 5,652 crore acquisition of Glenmark Life Sciences. The firm has roped in BCG and KPMG to......

Why Auditors Quitting Big Clients Is Complicated

Auditors seem to have developed a heightened sense of risk and are not content to tick the boxes and sign the papers. Illustration: Uttam Ghosh/Rediff.com On January 7, 2009, when B Ramalinga......

GST revenues grow 11% to about Rs 1.6 lakh crore in August

GST collections grew by 11 per cent to over Rs 1.59 lakh crore in August on the back of improved compliance and reduced evasion, with experts forecasting higher mop-up to continue in the upcoming......

Gulabo Sitabo on Amazon: Producers earn Rs 20 crores profit

Gulabo Sitabo was made with a budget of Rs 40 crore to Rs 45 crore.Amazon Prime bought the streaming rights for Rs 60 crore to Rs 65 crore, helping the producers make over Rs 20 crore.Surajeet Das......

Lockdown effect: Rs 3,500 crores stuck in Hindi/Telugu/Tamil movies

'Maybe it's time for Plan B for the film industry.'T E Narasimhan reports. IMAGE: Cricket legend Kapil Dev with actor Ranveer Singh who plays him in Kabir Khan's film '83, which was to have......

Indian women golfers set to make history at LPGA event

Aditi, Diksha, Tvesa to play at Ladies Scottish Open. IMAGE: I have been waiting for this for long, says Diksha Dagar. Photograph: Tom Dulat/Getty Images In a first for Indian women's golf, three......