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MHI Investigation Reveals Four Companies Violating FAME-II Scheme Norms

An investigation conducted by the Ministry of Heavy Industries (MHI) has exposed four additional companies for flouting the norms of the Faster Adoption and...

Gaming Firms Welcome CB DT’s Clarifications on TDS for Online Gaming Bonuses and Incentives

Gaming firms operating in the online gaming sector are applauding the recent clarifications issued by the Central Board of Direct Taxes (CBDT) regarding tax...

CBDT States Online Gaming Bonus and Incentives are Taxable if Withdrawn, as per TDS Rules

The Central Board of Direct Taxes (CBDT) has clarified that bonuses and incentives earned through online gaming platforms will be subject to taxation if...

Tesla delegation stops short of committing to India plant in renewed talks.

In renewed talks between Tesla and Indian government officials, a delegation from the electric vehicle (EV) company has stopped short of making a firm...

Electric scooter companies are divided on the impact of the FAME II subsidy cutback.

Electric scooter companies in India are expressing differing opinions regarding the impact of the subsidy cutback under the Faster Adoption and Manufacturing of Electric...

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