Vodafone Idea on Thursday said it has received a GST penalty order of about Rs 638 crore from the Office of the Additional Commissioner, Central Goods and Services Tax, Ahmedabad, and that it will challenge the order through legal action, PTI reported.In a statutory filing, the debt-laden telecom operator said it does not agree with…
With the new tax regime now the default option, many taxpayers are discovering that the choice between the old and new regimes is no longer a routine filing decision but one that can significantly impact their tax outgo.Even as the government nudges taxpayers towards a simpler, exemption-light system, many taxpayers continue to opt for the…
The rupee slipped 10 paise to close at 89.98 against the US dollar on Thursday, marking a weak start to the first trading session of 2026, as sustained foreign fund outflows and a subdued domestic equity market weighed on investor sentiment, PTI reported.Forex traders said the USD/INR pair moved in a narrow range during the…
NEW DELHI: In a big relief to car owners, NHAI has decided to discontinue the Know Your Vehicle (KYV) process for FASTag which will be against such vehicles from Feb 1. For existing FASTags, KYV will no longer be mandatory as a routine requirement. “KYV will be required only in specific cases where complaints are…
Bulgaria on Thursday adopted the euro as its official currency, becoming the 21st country to join the eurozone, a long-anticipated milestone that comes almost 20 years after the Balkan nation entered the European Union, but one that has exposed deep political and public divisions.At midnight, Bulgaria formally gave up the lev, which had been in…
Delhi government is expected to roll out a Pink Saheli card as the New Year 2026 has begun. The smart card will be mandatory for women availing free rides on Delhi Transport Corporation (DTC) buses. The formalities for its implementation are close to completion.As the card can be rolled out anytime after January 14, it…
The gross Goods and Services Tax collections for December 2025 were at Rs 1.75 lakh crore, marking a 6.1 per cent increase from the previous year. The April-December period of 2025-26 saw massive growth in GST collections, with total collections reaching Rs 16.5 lakh crore, up 8.6 per cent from Rs 15.2 lakh crore in…
BSNL or the Bharat Sanchar Nigam Limited on Thursday rolled out a new facility for its users, Voice over Wifi (VoWoFi) or Wi-Fi calling, aiming to provide high quality connectivity even in adverse conditions. The service can be availed throughout all telecom circles from January 1, the beginning of New Year 2026. With VoWiFi, BSNL…
Tobacco stocks saw a sharp sell-off on Thursday after the finance ministry formally notified February 1 as the date for imposing additional excise duty on tobacco products, along with a health cess on pan masala. Shares of Godfrey Phillips India plunged as much as 10% in morning trade, while ITC fell over 8%.On the BSE,…
Vande Bharat sleeper train to be launched soon! In a big New year cheer for Indian Railways passengers, Railway Minister Ashwini Vaishaw has shared that the first Vande Bharat sleeper train will be launched this month. Prime Minister Narendra Modi is expected to flag off the Vande Bharat sleeper train in the second half of…