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Deloitte India could lead professional services space soon: Romal ShettyDeloitte India’s leadership believes that the future of professional services will extend beyond traditional offerings to solutions, platfo...- UK-based taxpayer ignored tax notices, still escaped Rs 10,000 penalty; here’s whyA UK resident successfully challenged a Rs 10,000 tax penalty imposed for not responding to a notice. The Income Tax Appellate Tribunal (IT...
- Lady sells property for Rs 94 lakh, gets Rs 38 lakh in cash; files no ITR, gets tax notice for unexplained income, wins case in ITAT MumbaiA homeowner who sold property for Rs 61 lakh and received Rs 38 lakh in cash has won a tax case. The Income Tax Appellate Tribunal Mumbai r...
- Taxpayer to pay only Rs 33,000 income tax after selling a house for Rs 70 lakh; ITAT Mumbai ruling explainedA taxpayer successfully challenged the income tax department's LTCG calculation, winning in ITAT Mumbai. The tribunal ruled that indexation...
- Commonwealth finance ministers meeting: Arun Jaitley bats for automatic exchange of information to tackle black moneyJaitley welcomed the efforts of OECD in areas of BEPS project and automatic exchange of information which have important implications for C...
- Big data analytics company Germin8 raises Rs 18 crore from Kalaari CapitalThe company’s flagship product is Explic8, which helps clients to analyse stakeholder conversions drawn from social media and news as well ...
- Artificial intelligence startup DataRPM gets Rs 31 croreBig data analytics startup DataRPM has received investment of Rs 31 crore ($5.1 million) in a round led by US-based venture capital firm In...
- How shares in listed firms are used to convert black money into whiteUnlisted companies are used to make black money white. But listed firms too are used for exactly this purpose. Here’s how.
- Berkshire fails to escape bear grip, stock down 20%It must be a bear market because even billionaire Warren Buffett’s Berkshire Hathaway has slumped almost 20% since December.
- Banks whistle past the credit ratingIf a guy with a herd of cows described the milk market as the worst for 22 years, you might expect the creditworthiness of dairy producers ...
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