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Reliance Consumer to Enter Nigeria via Majority JV with TGI Group

Synopsis: Reliance Consumer Products Limited, a subsidiary of Reliance Industries Limited, has signed a definitive agreement to form a majority-owned joint venture with Nigeria-based Tropical General Investments Group.   New Delhi: Reliance Industries on February…

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CBDT opens consultation on draft I-T Rules, Forms ahead of April 2026 rollout

Synopsis: The Central Board of Direct Taxes (CBDT) has invited public feedback on the draft Income-tax Rules and Forms under the Income-tax Act, 2025—set to take effect from April 1, 2026—seeking suggestions to simplify language, cut litigation, reduce compliance burden and prune obsolete provisions via a new utility on the e-filing portal.   New Delhi:…