The Institute of Chartered Accountants of India has offered technical information for drafting the rules for valuing employee stock options for calculating the fringe benefit tax.
Chartered accountancy firm Lodha & Co has resigned as a statutory auditor for Birla Global Finance.
Saving tax is the main motto of all taxpayers. While some hire chartered accountants, others pore through tax laws, or ask friends to find out if there are ways by which they can save.
Professionals like engineers, doctors and accountants are taking out insurance against malpractice suits. Arti Sharma finds out what's on offer.
Excerpted from Sahara: The Untold Story by Tamal Bandyopadhyay.
As many as 87 public sector servants in the United Kingdom, including a leading NRI financial wizard Zarin Patel, earn more than British Prime Minister Tony Blair, according to the first 'Public Sector Rich List' released on Friday.
Tinesh Bhasin explains the tax liabilities that accompany receiving a gift.
A bench comprising Justice S B Sinha and Justice H S Bedi, which is hearing the matter, had earlier issued notices asking Lodha, the representatives and legal heirs of Late Laxmi Devi Newar, including Nand Gopal Khaitan, to file their replies. The hearing will resume on Wednesday.
Mihir Tanna, Associate Director, S K Patodia & Associates, answers your tax queries.
Fidelity Equity Fund and Fidelity Tax Advantage Fund's manager Sandeep Kothari speaks about his investment philosophy and how he overcame the most difficult phase of his career.
'I don't watch horror films, so I don't know how I ended up being in the film.'
One thing is for sure: It smacks of the regulator's lack of confidence in the bank's board, points out Tamal Bandyopadhyay.
The Securities Appellate Tribunal has stayed a Sebi order that barred Franklin Templeton's Asia Pacific head Vivek Kudva and his wife Roopa from the securities market for one year.
The country's per capita income is likely to grow by close to 70 per cent to $4,000 by fiscal 2030 from $2,450 in fiscal 2023, helping it become a middle-income economy with $6-trillion GDP, more than half of which will be coming in from household consumption, says a research report. Per capita income/GDP has risen from $460 in fiscal 2001 to $1,413 in fiscal 2011 and further to $2,150 in fiscal 2021. The biggest growth driver will be external trade which may nearly double to $2.1 trillion by 2030 from $1.2 trillion in fiscal 2023 when the GDP printed in at $3.5 trillion, Standard Chartered Bank said in a weekend report which assumes a 10 per cent nominal GDP growth annually from now on.
The National Stock Exchange (NSE), which is once again in the eye of a storm due to the co-location scandal, has said it has taken several transformational steps in the past few years on the regulatory, technological, and surveillance fronts to help improve stakeholder experience and to protect investors. Senior officials of the exchange briefed the media over the steps the exchange has taken on various fronts following changes at the helm with former managing director and chief executive officer Chitra Ramkrishna's ouster in December 2016. "Over the last few years, we have been looking to modernise and transform the entire value chain of technology.
Indian companies are required to hold AGMs within six months of closure of the financial year.
Engineering giant Larsen and Toubro and Aditya Birla group firm Grasim Industries are set to settle their long-standing dispute over the sale of cross-holdings out of court. Both the companies are believed to be in consultation with Chennai-based chartered accountant S Gurumurthy to act as arbitrator.
Wipro chairman Azim Premji on Friday said a nation cannot be self-sufficient in strategic sectors like defence, nuclear energy and space technologies without domestic capabilities in hardware development
Both NRIs and those who make payouts on sale of property need to understand the TDS provisions that are applicable or risk punishment, warns Sanjay Kumar Singh.
Mihir Tanna, Associate Director, S K Patodia & Associates, answers your personal income tax queries.
'Tenants who pay rent above the threshold limit must be extra cautious about TDS fillings.'
OIL announced its financical plan outlay for the next two years.
The CBI on Sunday deferred the questioning of Deputy Chief Minister Manish Sisodia in connection with the Delhi Excise policy scam case after he sought time from the probe agency citing the city government's ongoing budget exercise.
'It is quite clear that the agitation against the farm laws is against the Centre and they will try to create all hurdles they can in that. They are using all tactics as their sole purpose is to defeat the agitation'
Lalu's daughter was grilled by the ED on Tuesday for about eight hours.
Mihir Tanna, Associate Director, S K Patodia & Associates, answers your income tax queries.
Bharti Televentures Ltd has appointed Sunil Bharti Mittal, Rajan Mittal and Akhil Mittal as the directors of the company.
The world is full of family businesses that withered away with the passing of generations, creating much bitterness and ill will. Entire clans that used to be household names have become pale shadows of their once-mighty empires.
Infosys on Wednesday said it is focused on "expeditiously" resolving issues related to the new income tax portal and termed it as the "single largest priority" for the company at the moment. Infosys top management said that many of the issues around performance and stability have been addressed, and that about 10 lakh ITRs (income tax returns) have been filed so far. "We are working extremely hard in making sure that all of the features are being delivered.
Sushant Singh Rajput's father K K Singh alleged that Rhea Chakraborty is the "murderer" of his son and demanded her arrest.
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