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ANDERSEN TAX
US stocks today: US stocks climb as US, Iran halt attacks; Comcast surges on spin-off planWall Street's indices surged on Monday, lifted by a decrease in Middle East tensions and Comcast’s intention to divide into two separate fi...- New TDS, TCS limits for FY2025-26 for interest, dividends, prize money, rent announced in Budget 2025: Thresholds hikedLandlords, travellers and parents sending children abroad for education will also benefit
- CBDT extends ITR filing deadline for corporates to November 15The Central Board of Direct Taxes extends the corporate income tax return deadline for the assessment year 2024-25 by 15 days to November 1...
- Income Tax dept releases interim plan for FY25: Key focus on TDS and appeals processingThe income tax department in India has released an interim action plan for the fiscal year 2024-25, focusing on identifying cases of TDS sh...
- Foreign cos without PAN can open bank a/cs in IFSC-Gift CityIn a move aimed at streamlining the process for non-residents and foreign companies, the International Financial Services Centres (IFSC) at...
- Govt should consider lowering TCS on overseas tour packages to increase outbound tourism: ReportThe growth in the Indian travel and tourism industry is driven by a combination of rising income levels and changing lifestyles, developmen...
- Income Tax department sends notices over donations to charitable trustsThe I-T Dept has issued notices to around 8,000 taxpayers on account of them making large donations to charitable trusts, which are believe...
- Govt allows non-resident taxpayers to manually file Form 10F till March 31 for claiming TDS benefitIn a notification, the CBDT said to mitigate genuine hardship to such taxpayers, it has been decided that such category of non-resident tax...
- Andersen Global sees 'extraordinary' mkt opportunities in India, to continue to add quality workforce: CEO Mark Vorsatz"We will continue to add quality people. We see the market opportunities as extraordinary. We have invested in both a global tax program (w...
- OECD paves way for new global tax regime roll-outThe global tax framework, drawn up by the OECD, has two pillars. Pillar One seeks to ensure a fairer distribution of profits and taxing rig...
- Cashless exercise of stock options taxable as capital gains, not as salary: Karnataka High CourtDasannacharya exercised his right under the stock option by way of “cashless exercise” where the underlying shares were not allotted but he...
- Indian taxman comes sniffing as bitcoin hits an all-time highIndia’s tax department is closely monitoring the cryptocurrency prices and tracking investors who are exiting after bitcoins hit a three-ye...
- CBDT lays out five parameters for compulsory selection of returns under faceless assessmentThe selection process has to be completed by the month end, field offices have been instructed in letter issued on Thursday. The Board has ...
- Global tax company Andersen Zeroes in on four firms for India forayWTAS itself was formed when 23 Arthur Andersen partners joined hands after dissolution of the firm in 2002 and formed a company that was su...
- The Andersen affair: How a firm that went bust 16 years ago created some of the best accounting mindsAndersen’s unique culture groomed a crop of youngsters who today occupy leadership positions in India’s leading professional services firms.
- KPMG pips Deloitte, PwC to acquire M&A tax team of BMR AdvisorsTalks were on with Deloitte, after the BMR direct and indirect tax teams moved to Deloitte on Monday. But finally the BMR partners opted fo...
- BMR Advisors' tax team set to merge with DeloitteOn Monday, Deloitte team got the required internal approvals to go ahead with the merger and key partners were informed about the deal, sou...
- Deloitte, KPMG & PwC in close race to acquire BMR AdvisorsAccording to the last known conversations, the Rohit Berry group was leaning towards KPMG, while the tax team led was seriously considering...
- Arthur Andersen close to signing up two Indian firms, foray in India by May: SourcesArthur Andersen had to wind up globally after the Enron Accounting scandal in 2000.
- KPMG and BMR Advisors merger talks hit dead endKPMG and boutique firm BMR Advisors have fallen through due to irreconcilable differences, according to sources aware of the development.
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