Nepali traders suspect geopolitics after the Indian government recently ordered its customs to sample every single batch of Nepali tea destined for India.
Indian businesses are facing a higher tax outgo due to a new law that requires them to clear outstanding dues to small and micro vendors within 45 days. The law, passed in 2023 and unchanged in the 2024 budget, treats incurred expenditures as income on which tax must be paid for FY 24-25. Many businesses are consulting auditors and tax experts to estimate the extent of the impact and find ways to avoid a tax blow. Some small units are even considering surrendering their small and micro registrations to protect their order books.
Aamir Khan is being seen with the Indian cricketers such as Rohit Sharma, Hardik Pandya, and Jasprit Bumrah in the Dream11 ads during the ongoing IPL 2023.