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GST

Karnataka High Court Excuses Twenty-Four Day GST Appeal Delay Over Missing Notices

The Karnataka High Court condoned a twenty-four-day delay beyond the statutory one hundred twenty days for filing a Goods and Services Tax appeal. The decision followed the petitioner's argument that original tax notices were never served, denying them a chance to contest the liability.

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Taxscan8m ago 1 min
Commodities

Silver Prices Jump Four Percent Before Diwali Festival Demand

Silver prices surged by four percent in anticipation of the Diwali festival, prompting investor questions on whether to buy immediately or wait. Market analysts observe traditional festive buying driving the recent momentum across bullion trading platforms.

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India Today12m ago 1 min
Income Tax

Gujarat High Court Rules Foreign Agent Commissions for Export Orders Tax-Exempt

The Gujarat High Court held that commission payments made to foreign agents for securing export orders are not taxable within India. The ruling provides relief to domestic exporters utilizing overseas intermediaries to drive international sales.

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SAG Infotech Official Tax Blog13m ago 1 min
Economy

Domestic airlines demand local maintenance expansion to support growing commercial fleets

Commercial carriers in India are actively seeking expanded local maintenance, repair, and overhaul capabilities as new aircraft deliveries accelerate. This push aims to decrease heavy reliance on foreign service providers while strengthening overall fleet operational capabilities.

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Hindu BusinessLine15m ago 1 min
Commodities

Experts highlight high-risk jewellery equities including PC Jewellers amid precious metal price recovery

Market experts note that risk-tolerant investors can evaluate PC Jewellers shares as a potential candidate for re-rating after the company returned to profitability. This assessment arrives alongside a broader rebound in international gold and silver prices during the US midterm election period.

Scrips: Kalyan Jewellers

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LiveMint Markets15m ago 1 min
CA Corner

Prime Minister Early Career Research Grant offers sixty lakh rupees funding with December deadline

The Prime Minister Early Career Research Grant is providing funding of Rs 60 lakhs to eligible PhD holders. Interested researchers must submit their applications by the December 2 deadline according to the report.

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India Today19m ago 1 min
Business

Indian Railways Records Record October Freight Loading of One Hundred Forty-Five Million Tonnes

Indian Railways achieved its highest freight loading in October 2026 by transporting 145.07 million tonnes, marking an 8.32 percent year-on-year rise. Major commodities like domestic coal and food grains drove growth, alongside passenger traffic reaching 64.72 crore travelers.

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ET Industry20m ago 1 min
Business

US Election Results Introduce New Dynamics for Domestic Gold Buyers on Dhanteras

Surprise outcomes in US polls introduced a fresh dynamic for gold buyers ahead of Dhanteras, altering market sentiments. Investors are balancing domestic festival demand against shifting international currency and bullion trends.

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Economic Times21m ago 1 min
Global Finance

BMW reports fifteen percent third quarter profit decline amid fierce Chinese market competition

German luxury carmaker BMW reported a 15% year-on-year drop in third-quarter net profit to 1.45 billion euros. The decline follows a second profit warning issued for 2026, driven by intense competition from Chinese manufacturers, rising operational costs, and weaker consumer demand.

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ET Markets22m ago 1 min
Business

Understanding Permissible Limits for Holding Gold Jewellery at Home

Tax regulations permit specific limits on holding gold jewellery at home without facing seizure during tax searches. Married women, unmarried women, and men are entitled to distinct threshold exemptions under established guidelines.

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Economic Times25m ago 1 min
Investment

Aayush Wellness posts higher second-quarter net profit as equity shares advance in trading

Aayush Wellness posted a 5.86 percent year-over-year rise in net profit for the second quarter of financial year 2027, reaching 250.10 lakh rupees. Following the financial update, the company equity shares climbed higher during Wednesday trading sessions. Investors track these quarterly metrics to gauge the operational performance of small-cap wellness firms.

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LiveMint Markets27m ago 1 min
Global Finance

Delhi Customs Authority Classifies Decorative Wall Panels As Builders Ware Under Tariff 3925

Decorative wall panels made of PVC, PS, and PU are officially classified as builders' ware under Customs Tariff heading 3925 by the Delhi Customs Authority for Advance Rulings. This classification impacts import duty calculations for businesses dealing in interior finishing materials. Importers must review their tariff categorizations to ensure accurate customs compliance.

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Taxguru30m ago 1 min

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