| ETCFO Newsletter | Saturday, September 20, 2025 |
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Daily Newsletter
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Top Stories
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Delivering the keynote address at ETCFO Turning Point, Nanda said CFOs were custodians of trust, stressing that their role now extends beyond financia...
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India's net direct tax collection recorded 9.18 per cent growth to cross Rs 10.82 lakh crore till September 17 during the current financial year (2025...
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Donald Trump intends to introduce a new $100,000 application fee for H-1B visas. This move could significantly impact the tech sector, which relies on...
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The NFRA is launching nationwide outreach programs, starting in Hyderabad and Indore, to improve audit quality and promote sustainable practices. Thes...
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The Income-Tax Department has uncovered fraudulent exemption claims amounting to approximately â¹700 crore, prompting enhanced risk assessment in ret...
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India's millionaire population is rapidly expanding beyond major metropolitan areas, with Tier II cities like Ahmedabad and Surat emerging as new weal...
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Automation and Innovation
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Oracle is reportedly in discussions with Meta for a multi-year cloud computing agreement valued at approximately $20 billion, signaling Meta's ambitio...
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Policy & Macro
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The Trump administration has launched a premium immigration programme targeting wealthy individuals worldwide, offering US permanent residency through...
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Commerce and Industry Minister Piyush Goyal is expected to visit Washington soon for trade talks, following positive discussions between Indian and US...
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US lawmakers and community leaders are expressing strong concerns over President Trump's proposed USD 100,000 fee on H-1B visa applications. They warn...
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Union Finance Minister Nirmala Sitharaman announced that upcoming GST reforms, effective September 22, will inject â¹2 lakh crore into the economy, b...
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Leadership
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The firm looks to address the increasingly complex regulatory landscape where tax has become a critical pillar of business and legal advisory. The tea...
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Governance, Risk & Compliance
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The Chhattisgarh SGST department has exposed a significant GST evasion scheme orchestrated by GST consultant Mohmmad Farhan Sorathia, involving over 1...
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To simplify securities transfer to legal heirs, SEBI introduces the 'TLH' reporting code, effective January 1, 2026. This standard code ensures transm...
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India's market regulator, Sebi, continues probing multiple allegations against the Adani Group, including minimum public shareholding compliance and ...
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Accounting, Legal & Tax
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Apparel and footwear brands will pass on GST benefits to consumers. Prices will drop for items under â¹2,500. Discounts from retailers' margins may d...
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The rationalisation is expected to reduce the prices of a large number of products and services. Crisil observed that moving from four slabs to two co...
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Business & Fund raising
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Elon Musk refuted a CNBC report stating that xAI is currently raising capital. The report suggested a $10 billion raise at a $200 billion valuation to...
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Corporate
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Mahindra & Mahindra has announced price cuts across its entire SUV lineup, including Bolero Neo, XUV3XO, and Scorpio models, to fully pass on GST rate...
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Economy
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India's long-term sovereign credit rating has been upgraded by Japan's Rating and Investment Information, Inc. (R&I) from 'BBB' to 'BBB+', while the O...
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RBI Governor Sanjay Malhotra urged CCIL to develop infrastructure for currency pairs beyond USD-INR, supporting rupee internationalization. He also em...
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