Economic Times Top Stories

• CBIC’s GST compliance reforms can ease startup woes, rein in officer discretion, say experts
• Gold prices set to trend upward in near to long term, says TBZ CFO Mukesh Sharma
• Tax exemptions, no scrutiny for recognised startups: Income tax department
• GST's Hajmola woes
• Auditors must exercise stronger diligence on related party transactions, say experts
• IndusInd Bank appoints Santosh Kumar as Deputy CFO
• India eyes ending import tax on US ethane and LPG in trade talks, sources say
• Big relief for flat owners: No income tax payable if you get a new flat in exchange for old, rules Mumbai ITAT
• Who is liable to pay GST on packaging charges on food ordered via delivery apps?
• Gensol promoters used firm like personal piggy bank: Sebi order

Economic Times

• Credifin raises USD 25 mn through mix of equity, debt
• Indian companies raised over $50 billion in ECB till Feb last fiscal
• Bank of India cuts FD rates by up to 25 bps on these deposits; withdraws 400-day special FD offering 7.30% interest
• Good news for SBI borrowers: Bank reduces these lending rate by 25 basis points after repo rate cut by RBI
• Banks may struggle to fully transmit repo rate cuts on high share of MCLR-linked loans
• Mivi eyes Rs 1,000 cr revenue in FY26 with category expansion, geographic scaling, new mfg facility
• FPIs pull out nearly ₹32k cr from equities in April so far
• FDI in India's pharma sector crosses Rs 19,134 crore during 2024-25
• IIFL Finance to raise up to Rs 500 cr via NCD
• Greenko founders raise $800 mn loan to buy out Orix stake

CA Club India

• ICAI Suspends Two CAs for Professional Misconduct in Separate Disciplinary Cases
• Income Tax Dept Probes Startups on Foreign Funds from Singapore
• Tea Stall Worker in Gujarat Shocked After Receiving Rs 115 Crore Income Tax Notice
• No GST on UPI Payments Over Rs 2000, Says Government Amid Viral Rumors
• CBIC Issues Instructions to Streamline GST Registration Process and Curb Harassment
• Lok Sabha Panel Reviews Income Tax Bill 2025 Ahead of Monsoon Session
• Ice Cream Industry Appeals for GST Relief, Cites Nutrition and Affordability
• Nagpur Man Slapped with Rs 314 Crore Tax Notice in Rs 560 Crore Hawala Scam Probe
• Income Tax Department Uses AI to Monitor High-Value Financial Transactions
• E-Way Bill Generation Hits Record 12 Crore in March, Signalling Robust FY25 Close

BBC News

• Trump says US will 'pass' on Ukraine peace talks if no progress soon
• Ukraine minerals deal may not buy peace after Trump threat
• 'It's really hard to have any hope': Gaza doctor describes daily struggle
• Influencers fuelling misogyny in schools, teachers say
• Pubs to stay open late for VE Day 80th anniversary
• British couple killed in Naples cable car crash named
• US Supreme Court halts deportation of detained Venezuelans
• Bin strike exposes divide between rich and poor
• Why everyone is suddenly so interested in US bond markets
• The Supreme Court ruling gives clarity - but now comes the difficult part

Yahoo News