After son Akash takes over Jio, Mukesh Ambani's daughter Isha will play a significant role.

Economy
June 29, 2022, 12:34 p.m.

In a hint that her father, Mukesh Ambani, is moving forward with a succession plan, Isha Ambani is about to be named chairman of Reliance Retail.

By looking beyond India and building, Pallonji Mistry's "Phantom of Bombay House"

Economy
June 29, 2022, 12:23 p.m.

In order to grow, Pallonji looked outside of India in the early 1970s when it was still a closed economy. He constructed the Omani Sultan's ceremonial palace in Muscat and afterwards completed other sizable projects in Abu Dhabi, Qatar, and Dubai.

Pre-packaged food is subject to GST, while hotels have a 12 percent lodging tax up to Rs 1,000.

Economy
June 29, 2022, 11:19 a.m.

The GST Council has reportedly authorised additional compliance procedures for high-risk taxpayers, including as mandatory biometric verification, the inclusion of power bill data, real-time validation of all bank accounts against a specific PAN, and geotagging.