How Import Duties and Foreign Investment Clash with ‘Make in India’ Goals Context of the Tax Demands: A Battle Over Import Duties The Indian government has issued staggering tax demands to two automotive giants—Volkswagen and Kia—accusing them of tax evasion by misclassifying imported components. Volkswagen faces a $1.4 billion tax notice, while Kia is grappling with a $155 million … Read more
“No Tax Up to ₹12 Lakh: How India’s New Tax Regime is Transforming the Middle Class!” The Union Budget 2025-26 has ushered in a transformative change in India’s income tax structure, offering significant relief to the middle class. With the introduction of a zero-tax liability for incomes up to ₹12 lakh under the new tax regime, the … Read more
In a world where technology is advancing at breakneck speed, a new player has emerged from the East, challenging the dominance of Western tech giants and reshaping the landscape of artificial intelligence. DeepSeek, a Chinese AI chatbot, has not only disrupted the global tech ecosystem but also sparked a conversation about innovation, competition, and the … Read more
Mergers and acquisitions (M&A) are often described as the ultimate test of corporate strategy. They are transformative, ambitious, and fraught with uncertainty. Yet, despite their potential to create immense value, studies show that 70-90% of M&A deals fail to achieve their intended goals. Why? Because M&A isn’t just about combining balance sheets or market shares … Read more
Filing an updated Income Tax Return (ITR) is a useful tool for taxpayers who need to rectify errors or omissions in their previously filed returns. This new provision was introduced in the Union Budget 2022, providing taxpayers with the opportunity to correct mistakes and ensure accurate reporting of their income and taxes. Here’s everything you … Read more
The Income Tax (IT) Department has recently sent out notices to thousands of taxpayers regarding alleged tax evasion involving charitable donations. While charitable donations can be a legitimate way to save on taxes, some individuals have misused these provisions to claim excessive tax deductions. In this article, we will break down the reasons behind these … Read more
Debunking Myths About Spending : Have you ever hesitated to spend on experiences because you thought they were too expensive or fleeting? Many of us fall prey to misconceptions that prevent us from embracing the joy and fulfillment that experiences bring. This article addresses these myths, offering a practical perspective on why experiences deserve a … Read more
Elon Musk, the enigmatic CEO of Tesla, has always been a figure of fascination and controversy. Recently, his $56 billion pay package made headlines again when a U.S. court ruled against it. While the court ruling is significant, the real story lies in how Musk managed to secure such a staggering compensation package in the … Read more
Science of Happiness When it comes to happiness, there’s an age-old debate: do possessions or experiences make us happier? While a shiny new gadget or an elegant piece of jewelry might bring immediate joy, studies suggest that the happiness derived from experiences tends to be deeper and longer-lasting happiness. This article explores the psychology and … Read more
When we think of “compounding,” our minds often gravitate toward finance. But this principle—the process of small efforts growing exponentially over time—is not confined to wealth creation. It’s a universal truth, equally applicable to learning, skills, relationships, and mindset. By embracing the power of thought compounding, you can transform every aspect of your life. The … Read more