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Ketan Dalal calls for the cap on home loan deduction to be increased and highlights the need for addressing housing, education, and medical expenses. Dalal emphasizes the complexity of the tax laws and suggests reducing the rates of tax instead. He further discusses the need to address ESOP tax, partnership and LLP tax rates, and the minimum slab rate. Additionally, he mentions the importance of introducing a minimum guaranteed pension scheme in NPS and addressing the NPS-2 account.

India Business News: Sebi is reviewing the norms for penalty disclosure by listed companies, aiming to remove unnecessary requirements and align regulations with materiality. This article discusses the compliance burden, business realities, and the need for intelligible disclosures.

As more women take up senior leadership roles in India Inc, their visibility in boardroom battles is also rising. In a clear break from the past, women are playing key roles in several ongoing boardroom conflicts, or family disputes that may extend into the boardroom, reflecting the rise in the number of women in positions where they can have their say.

Rashmi Saluja-led Religare Enterprises, for example, is embroiled in a conflict with the Burmans of Dabur. Baba Kalyani of Bharat Forge has an ongoing dispute with his sister, Sugandha Hiremath of Hikal. There's also a rift between Gopichand Hinduja and his nieces, as well as between the late Gopal Raheja's son and two daughters over his construction group's assets.

Reliance: Proxy firms Institutional Shareholder Services Inc. (ISS) and Institutional Investor Advisory Services (IIAS) have recommended that shareholders vote against the induction of Anant Ambani, the youngest son of Reliance Industries Chairman Mukesh Ambani, to the company's board. ISS cited Anant's limited leadership and board experience as a concern. However, Reliance defended Anant's appointment, stating that he has relevant experience and maturity.