ITAT Mumbai rules exercise-date FMV is ESOP cost for NRIs
The Mumbai bench of the Income Tax Appellate Tribunal (ITAT) has ruled that the fair market value (FMV) of ESOP shares on the exercise date can be treated as the cost of…
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Official India: RBI, SEBI, and government announcements, decoded into plain English.
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ACB chargesheets 10 including 7 SMC officers for illegal Srinagar construction
Jammu and Kashmir's Anti-Corruption Bureau (ACB) has filed a chargesheet against 10 people, including seven officers of the Srinagar Municipal Committee (SMC) and three private individuals, for unauthorised construction in Ward No.…
Weak soil, trapped water caused Lucknow-Kanpur Expressway failures: IIT Kharagpur
An expert assessment by an IIT Kharagpur professor has found that weak, highly plastic soil and trapped water are the primary causes of premature failures on the Lucknow-Kanpur Expressway. The National Highways…
Jharkhand CID arrests JPSC member’s PA for Rs 40 lakh extortion
The Jharkhand Criminal Investigation Department (CID) has arrested BN Ram, the personal assistant of former Jharkhand Public Service Commission (JPSC) member Ajita Bhattacharya, for allegedly demanding and accepting Rs 40 lakh to…
TVK is not DMK, says Tamil Nadu finance minister
Tamil Nadu Finance Minister Dr N Marie Wilson has rejected the BJP's 'new DMK' label for the ruling Tamilaga Vettri Kazhagam (TVK), saying the party does not follow family politics. In an…
Nashik court grants bail to AIMIM corporator in TCS case
A sessions court in Nashik granted bail to AIMIM corporator Mateen Majeed Shaikh (also known as Mateen Patel) in the TCS sexual harassment case. Additional sessions judge Kedar Rajaram Joglekar observed that…
Tumakuru node land acquisition on track for 2027 completion
Karnataka Minister M.B. Patil said on Monday that land acquisition for the Tumakuru Node of the Bengaluru-Chennai Industrial Corridor is progressing smoothly, with the project scheduled for completion in 2027. He was…
Hillhouse holds 41.76% in Table Space as DRHP reveals shareholder mix
Table Space has filed its draft red herring prospectus (DRHP) with SEBI for an IPO comprising a fresh issue of shares worth up to Rs 800 crore and an offer for sale…
West Bengal to unveil new investment and land policies soon
West Bengal Chief Minister Suvendu Adhikari announced plans for comprehensive investment and land policies, including land pooling, to facilitate industrial growth without forcible acquisition. Speaking at the foundation stone laying ceremony of…
Telangana CM opens 1,082-bed TIMS Sanathnagar for affordable care
Chief Minister A Revanth Reddy on Monday inaugurated the Marri Channa Reddy Telangana Institute of Medical Sciences (MCR TIMS) at Sanathnagar, Hyderabad, a 1,082-bed super-speciality hospital built at a cost of Rs…
