Anicut Capital, through its third private credit fund Grand Anicut Fund (GAF) 4, has invested Rs 133 crore in IT services firm TAO Digital Solutions. The funds will be utilized…
According to recent data from the Reserve Bank of India (RBI), the share of credit extended to Micro, Small, and Medium Enterprises (MSMEs) in banks' non-food credit reached 15% in…
In response to the GST Council's 52nd meeting, recommending amnesty for taxpayers unable to file appeals under section 107 of the CGST Act, the government issued Notification No. 53/2023 on…
Godrej Capital, the non-banking finance company (NBFC) arm of the Godrej Group, has forged strategic partnerships with Amazon, Visa, and DBS Bank India for its digital platform Nirmaan. The platform,…
Convenience store network Frendy, headquartered in Ahmedabad, has successfully raised INR 16 crores in a funding round led by Auxano Capital and AT Capital Singapore, among others. The startup, operational…
Bringing a co-founder on board is a pivotal decision for any startup, symbolizing shared responsibility and ownership among founding members. To navigate this crucial step effectively, several key considerations must…
In response to investigations by the Directorate General of GST Intelligence (DGGI) into co-lending practices between Non-Banking Financial Companies (NBFCs) and banks, the Finance Industry Development Council (FIDC) has reached…
Section 139(5) of the Income Tax Act, 1961, empowers taxpayers to file a revised return of income under specific circumstances. These include the discovery of errors or omissions in the…
In a significant move towards fostering gender equality and equal opportunities, the Food Safety and Standards Authority of India (FSSAI) has unveiled a new provision called the "Special Category" within…
In a robust display of economic momentum, GST collections for October reached ₹1.72 lakh crore, marking a 13% increase compared to the same period last year. This achievement stands as…