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ETCFO Newsletter | Thursday, May 8, 2025

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Tax experts say the Indian Customs Act is fundamentally built on the globally accepted Harmonized System of Nomenclature (HSN). However, the pace at w...
India's finance ministry has unveiled a draft climate finance taxonomy framework to guide investors toward sustainable activities aligned with nationa...
Online gaming companies challenge the retrospective application of 28% GST, arguing that games of skill shouldn't be equated with gambling. They conte...
The Bombay High Court has provided interim relief to landowners in a GST dispute concerning development rights under revenue-sharing agreements. The c...
FMCG sector growth slowed to a two-year low in the March quarter, with volume sales rising by only 3.5%. Rural markets experienced a significant slowd...
 
Policy & Macro
The US Federal Reserve has decided to keep interest rates unchanged at 4.25 per cent to 4.50 per cent, as the risks of both higher unemployment and ri...
President Trump announced that the 145% tariffs on Chinese imports will remain in place as US and Chinese officials prepare for trade talks in Switzer...
Donald Trump is expected to announce a trade deal with the United Kingdom on Thursday, according to US media reports. Trump teased a "major" upcoming ...
The official also said the duty concession on imports of petrol and diesel engine vehicles from the UK is limited to pre-defined quota.
The funding includes contributions of ₹30,000 crore from the Centre, ₹20,000 crore from States, and ₹10,000 crore from industry, with 50% of the...
 
Leadership
Vodafone's finance chief, Luka Mucic, will resign within three years, a surprising move amidst efforts to revitalize the company's performance in Germ...
Kollipara will be responsible for overseeing financial planning, risk management, budgeting, and compliance to drive operational excellence and sustai...
 
Governance, Risk & Compliance
A Supreme Court ruling impacts past insolvency resolutions. Some deals, similar to the JSW-Bhushan Power case, face scrutiny. These resolutions involv...
The Delhi High Court has further restricted Gensol Engineering and BluSmart Mobility from creating third-party rights over 220 additional EVs leased b...
Under the new rules, REITs and InvITs issuing offer documents or follow-on offers must disclose audited financial statements for the last three financ...
The Securities Appellate Tribunal on Wednesday rejected an appeal by Gensol Engineering Ltd to stay a SEBI interim order barring it and its promoters ...
 
Business & Fund raising
The 10.55 crore fully paid-up equity shares have been issued at a price of Rs 33 per share (including a premium of Rs 23 per share) aggregating to Rs ...
 
Economy
India could save up to ₹1.8 lakh crore on crude oil imports and ₹6,000 crore on LNG imports in FY2026 if global oil prices remain in the $6070 ...
 
Markets
Gold prices surged following the Federal Reserve's warning about rising inflation and labor market uncertainties, as investors keenly await the outcom...
 
 
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