"About 450 head office and support staff are being made redundant by Woolworths as the turmoil surrounding the stricken retail chain's future continues," the Guardian website said. Deloitte, which has been appointed as the administrator for the collapsed retail chain said that the job cuts would be in Woolworths' Central London and Rochdale offices and not in the 815 stores of Entertainment UK, its DVD and CD distribution business, The Times said.
The issues around trade gaps, especially around steel and aluminium tariffs imposed by the US, will be addressed separately.
Experts, however, said that it is a very nominal benefit to the salaried class.
It hopes to leverage the growing number of mobile transactions
Apart from making your purchases on these platforms expensive, it will also mean sellers will have to face the brunt of reduced cash flows amid already low margins for some. Experts said the proposal, which will take effect on April 1, 2020, and will be inserted as a new section in the Income Tax Act, is expected to affect the working capital of e-commerce companies and reduce cash flows for e-sellers.
The Board of Control for Cricket in India, eagerly awaiting a response from the Justice Rajendra-Mal Lodha panel on the appointment of an independent auditor, may not get one by October 25 as the three-member committee is not likely to meet on Monday.
The domestic logistics industry, which is estimated to generate business worth $110 billion in the next two years, will need over 400,000 additional pair of hands in the next four to five years.
Transfers have broken a new record this summer, with around 500 million pounds being spent on new players by English Premier League clubs, according to a report from consultancy firm Deloitte. That was around 30 million pounds more than the same transfer window last year.
Politicians appeal to key groups of voters like farmers or the poor by keeping prices low and ignoring theft, prompting scepticism about whether states will agree to any package that forces tariff hikes.
Indian small and medium enterprises are expected to emerge as major buyers of the information technology products by 2008. According to Joydeep Datta Gupta, executive director of Deloitte & Touche Consulting, any IT-led SME business transformation project could succeed only if the project was sustained.
Rationalisation of rates will be taken up for smaller items that do not have major revenue implications but are commonly consumed at the GST Council meet on Saturday
Every bank offers a different slab of minimum balance to customers, based on which 'free services' are provided
AAP, set to form the government in Delhi, had said it was opposed to foreign direct investment in multi-brand retail.
All the 50 company CEOs, including the 17 companies headed by Indian Americans, were honored at a gala awards ceremony last month.
Though the Railways is yet to declare any five-year action plan, it is clear the government is not in a position to hand-hold it for any major expansion or upgrade. The issue, however, is how far the Railways can function within the PPP format. Recent history highlights some of the challenges.
In Mumbai, Xenium, an interactive digital agency, is launching a VR lounge later this month.
In Mumbai, Xenium, an interactive digital agency, is launching a VR lounge later this month.
The tax, in lieu of local levies, will be imposed at the first point of a financial transaction.
Entrepreneur Sanjeev Juneja made Keskinga hosuebrand.
No mention of cab aggregators in GST bills
Other bidders include Abu Dhabi Investment Authority.
Across 10 prominent services, revenue to the government reduced by 20 per cent in the first year of GST compared to the last year of the service tax regime. This happened despite tax liability against these services growing by 50 per cent in one year.
The information technology (IT) industry has increased its contribution to the country's GDP from 1.2 per cent in 1997-98 to 5.2 per cent in 2006-07, according to a Nasscom-Deloitte study.
IT and ITeS sectors' contribution to India's GDP has increased by 4 times in the last 10 years, revealed a study.
'The easy availability of funds has enabled us to not only hire the best faculty, but has also made it possible for us to retain them with the best possible infrastructure -- labs, grants etc,' Ashoka University VC Malabika Sarkar tells Geetanjali Krishna.
More and more CSR is being defined by how a company runs its operations and makes its profits; and just firms donating money to charities.
'There is a huge tax differential of 15% to 20% depending on income classification.'
'Foreign clients are beginning to question the reliability of outsourcing and are considering insourcing'
The fringe benefit tax (FBT) was levied on ESOPs in the Union Budget this year and the IT industry is still grappling with the issue of how to factor in the tax.
Besides 15 loan transactions to the Siva group of companies, the former directors also used unique methods to ensure the group did not get into the default list.
What can be the easiest and best way to know a company inside out? Those saying 'befriending the company's Chief Executive Officer' might be in for a shock as a survey has found that most CEOs are in the dark about the health of their companies.
Modi's 'UDAN' project faces fund crunch as too many airlines have come on board
Downloading songs, movies, books? You may have to pay tax on it.
What matters is the culture and the atmosphere of the workplace, and whether employees get treated fairly. 'It is also important for the employee to feel s/he is part of a winning team,' Credit Suisse's Mickey Doshi tells Niraj Bhatt.
Chelsea re-signed David Luiz and Premier League champions Leicester City broke their transfer record for striker Islam Slimani as English clubs exceeded the one billion pounds barrier when the curtain fell on transfer deadline day.
Singapore is the favoured destination as it has traditionally had a stable fund management regime; also, its tax treaty with India is similar to that of Mauritius
Additional solicitor-general says extra-neutral alcohol liable to new tax
The Centre has projected reining in its fiscal deficit at 3.3 per cent of GDP in FY19.
Overseas funds have been spooked by several policy measures taken by the government in the past few years
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