Beware of heavy penalties! Key cash transaction limits you must follow

If one is conducting cash transactions frequently, one should be more vigilant. Large value cash transactions are under the vigilance of the Income Tax Department, and if one does not follow the limit prescribed under the Income Tax Act of 1961, he/she can face penalties up to 100 percent of the value of the transaction

Income tax alert: Sending money to your wife? Here’s what you must know

A specific income duty rule could put your deals under scrutiny, If you regularly transfer plutocrat to your woman for ménage charges. Understanding this law is pivotal to avoid implicit duty issues.

Dabur's new strategy: Three-year review cycle to navigate FMCG volatility

It has engaged consulting firm McKinsey & Co to refine and align its strategies for the next three years in line with the evolving dynamics, its CEO Mohit Malhotra said in an earnings call.

Oyo's new era: What’s behind dollar 50 million premium hotel push?

The investment is expected to support 1,000 jobs over the next three years in the UK hospitality sector, OYO said in a statement.

Noel Tata appointed as chairman of Tata Trusts

Noel Tata appointed chairman of Tata Trusts: At 67, Noel Tata brings a wealth of leadership experience within the Tata Group. Since 2014, he has chaired Trent Ltd., the group’s successful retail division, where shares have skyrocketed by over 6,000% in the past decade.