Defined public benefit can retain charitable character; registration renewal requires examining genuine activities and legal compliance, not surplus a...
Capital reduction is distinct from share buy-back, preventing buy-back tax; restructuring interest and related business deductions also survive scruti...
Transfer pricing and tax deductions upheld on established principles, while employee contributions and warranty provisions returned for fresh examinat...
Captive transfer pricing relies on industrial consumer tariffs, while genuine quotations can benchmark effluent treatment transfers under the Other Me...
Specific tariff classification for ophthalmic instruments and extended limitation principles determine the treatment of duty demands, confiscation, an...
The central bank revised its FY26 real GDP forecast up to 6.8% and lowered the CPI inflation projection to 2.6%, citing an above-normal monsoon and GST rate rationalisation that should temper inflation while supporting consumption and growth; it noted US tariffs may constrain exports. Quarterly growth is projected at 7.0% (Q2), 6.4% (Q3), and 6.2% (Q4), with Q1 FY27 estimated at 6.4%. Quarterly CPI projections are 1.8% (Q2), 1.8% (Q3) and 4.0% (Q4), with Q1 FY27 at 4.5%; core inflation remains contained.
The central bank revised its FY26 real GDP forecast up to 6.8% and lowered the CPI inflation projection to 2.6%, citing an above-normal monsoon and GST rate rationalisation that should temper inflation while supporting consumption and growth; it noted US tariffs may constrain exports. Quarterly growth is projected at 7.0% (Q2), 6.4% (Q3), and 6.2% (Q4), with Q1 FY27 estimated at 6.4%. Quarterly CPI projections are 1.8% (Q2), 1.8% (Q3) and 4.0% (Q4), with Q1 FY27 at 4.5%; core inflation remains contained.
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