Indian golfer Pranavi Urs was the only Indian to qualify for the weekend rounds at the KPMG Women's Irish Open, carding a two-under-par 70 in her second round. She is currently tied for eighth place, ten strokes behind leader Casandra Alexander. Other Indian golfers, including Diksha Dagar, Tvesa Malik, and Avani Prashanth, missed the cut.
Pranavi Urs carded a three-under 69 to secure a spot inside the top 10 after the opening round of the KPMG Women's Irish Open. While Urs showed strong form, fellow Indian golfers Diksha Dagar and Tvesa Malik struggled, both carding 74s and facing a battle to make the cut. South African Casandra Alexander leads the tournament with a stunning nine-under 63.
Industry is pushing for GST reforms that would let companies use unused tax credits from one state to pay GST liabilities in another, potentially freeing up working capital trapped across state registrations.
Indian golfer Diksha Dagar has dropped out of the Top 10 in the Ladies European Tour (LET) Order of Merit, now ranking 11th after missing the cut at the VP Bank Swiss Ladies Open. Other Indian golfers like Pranavi Urs, Avani Prashanth, and Aditi Ashok also feature in the rankings.
India's gross Goods and Services Tax (GST) collections surged by 15.4 per cent to over Rs 2.11 lakh crore in July, driven by increased mop-up from both domestic transactions and imports.
India's gross GST collections increased by 3.2 per cent to over Rs 1.94 lakh crore in May, driven by improved supplies of goods and services and a continued expansion in collections from imports.
Despite the Centre's GST 2.0 guidelines aiming to facilitate provisional refunds within seven days for low-risk cases, many large taxpayers are still encountering significant delays in obtaining Goods and Services Tax (GST) refunds under the inverted duty structure (IDS), with experts citing inconsistent state-level scrutiny and subjective interpretations.
Businesses may eventually have to file returns largely based on invoices uploaded by suppliers, with limited scope for manual changes.
Pranavi Urs, Avani Prashanth, and Vani Kapoor are set to participate in the Amundi German Masters golf tournament, aiming to make a significant impact on the Ladies European Tour.
The All India Football Federation (AIFF) is evaluating commercial rights bids for its flagship competitions, including the Indian Super League and the Indian Women's League. The Executive Committee is also discussing the implementation of the National Sports Governance Act.
'...even though the investigation in the matter is ongoing, we have paid 100 per cent of the principal and interest to relevant departments of the Haryana government.'
Diksha Dagar finished as the top Indian golfer at the Women's Australian Open, securing a Tied 45th place. Hannah Green won the tournament, becoming the first Australian to win the title since 2014.
Venture funding in India slowed in the third quarter (Q3) of 2025 amid geopolitical uncertainty, though exit activity surged to a seven-year high, according to Venture Pulse from KPMG Private Enterprise, a quarterly report tracking investment trends globally across major regions around the world.
Total pending Customs arrears, including amounts under litigation, court stays and cases where the appeal period has not expired, stood at about Rs 1.36 trillion at the end of December 2024.
Doubling standard deduction to Rs 1 lakh, increasing tax break on interest paid on housing loan and rationalisation of capital gains tax regime are some of the expectations that consultancy firm KPMG has from the Budget 2024-25 to be unveiled on July 23 in Parliament. There has been a significant rise in medical expenses, fuel costs and overall inflation.
It isn't easy for a girl from Gopal Nagar to chase a dream. But Pinky was extremely determined. A force unto herself, she was going to go places. Literally. Till it abruptly ended one morning on the tarmac at Baramati airport.
The latest crisis emerged after the All India Football Federation (AIFF) could not find a new commercial partner for the conduct of domestic league, including the top-tier Indian Super League.
Ahead of the Union Budget 2026-27, Indian business houses have urged the government to make demergers tax-neutral, particularly in cases involving transfer of investments in associate companies with 25 per cent or more shareholding, under the new Income Tax Act. This may possibly help some companies planning to go public, according to a source.
India's $280-billion IT industry heads into 2026, balancing visa-related headwinds and global trade uncertainty against its biggest-ever push into artificial intelligence and the rapid expansion of global capability centres (GCCs). Heightened scrutiny of the US H-1B visa programme - including a proposed $100,000 fee for new visas and concerns over a potential 25 per cent outsourcing tax - has complicated cross-border delivery for Indian firms, even as companies accelerate efforts to reduce reliance on onsite staffing.
After marathon meetings with stakeholders, Mandaviya promises end to Indian football "stalemate"
The average Indian fraudster isn't an outsider exploiting security loopholes. He's usually a man between 26 and 45 years of age, working in operations or procurement, with more than six years at the organisation.
Current situation risks rendering ongoing operations untenable: ISL clubs to AIFF
A chargesheet filed by Andhra Pradesh police alleges former Chief Minister YS Jagan Mohan Reddy chaired a meeting related to a new liquor policy under which outlets would be run by a government entity. The chargesheet details alleged kickbacks and money laundering.
10 ISL clubs slam AIFF for delay in tender process, allege "breach of trust"
Majority of AIFF EC members to choose between national body posts and state unit office
'As a result of delays, the desired reliefs are not coming for taxpayers.'
Generative AI is transforming workplaces but at a cost -- there are fewer jobs for young workers just entering the workforce, reveals a Goldman Sachs report.
Markets regulator Sebi on Wednesday barred former CEO of IndusInd Bank, Sumant Kathpalia, and four other senior officials from accessing the securities markets in connection with an alleged insider trading in the bank's shares. In addition to the market ban, Sebi has impounded Rs 19.78 crore collectively from the five individuals, according to an interim order passed by the regulator.
A decline in the initiation of the corporate insolvency process last year is spurring most Big Four firms to rethink and rejig their insolvency verticals to focus on business beyond Insolvency and Bankruptcy Code (IBC), industry experts said. Between the June and December quarter of FY25, the number of insolvency applications initiated by financial creditors went down from 150 to 84.
Rising inflation and stagnant wages are forcing a number of salaried professionals to venture into the bike taxi service as part-time riders.
'I am simply highlighting a wrongdoing. This is why my complaint has merit, and the chief minister has ordered an inquiry.'
https://www.rediff.com/business/report/why-ipo-bound-oyo-seeks-to-rename-parent-firm/20250530.htm
Goods and Services Tax (GST) collection rose 12.6 per cent Y-o-Y to an all-time high of about Rs 2.37 lakh crore in April, which the government said shows resilience of the Indian economy and the effectiveness of cooperative federalism. The gross GST mop-up was Rs 2.10 lakh crore in April 2024 -- the second highest collection ever since GST was rolled out on July 1, 2017. The net mop-up was Rs 1.92 lakh crore.
Gross GST collection in March grew 9.9 per cent to over Rs 1.96 lakh crore, government data showed on Tuesday.
Gross GST revenue rose 12.3 per cent to Rs 1.96 lakh crore in January on higher domestic economic activity, government data showed on Saturday. This includes 10.4 per cent growth in revenue from sale of goods and services domestically at Rs 1.47 lakh crore and 19.8 per cent rise in tax revenue from imported goods at Rs 48,382 crore.
India fully utilised its military modernisation budget in 2024-2025 -- the first time in five years -- and signed a record Rs 2 trillion defence contracts.
'Make-in-India played a key role in India's effective action against terrorism during Operation Sindoor.'
The two firms, however, cannot be termed as auditors of Satyam as the appointment of an auditor can be done only after securing the company's shareholders' consent. Sleuths investigating the Satyam fiasco on Tuesday conducted raids at the Hyderabad office of PriceWaterhouseCoopers, Satyam's auditing firm, and are understood to have recovered several crucial documents.
KPMG India was established in September 1993 and its range of services include audit, tax and advisory services.
India's energy needs are expected to jump four-fold in 25 years, but it faced problems ranging from depleting fuel reserves and uncertainty in policy framework, consulting firm KPMG said on Monday.
