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FPIs get tax relief on gilts, ease of InvestmentIn a strategic step to lure foreign investment, India has eliminated taxes on capital gains and interest for overseas investors in its gove...
At Big 4 firms, AI is starting to reshape the tax professionMajor accounting firms in India are embracing artificial intelligence for tax services. AI is automating routine tasks, research, and draft...
Net FDI inflows dip, investors opting for Mexico, VietnamOfficials and experts attribute this trend to the country having to compete with Mexico, Poland, and Vietnam, a preferred part of investors...
Deloitte US asks India staff to return to office two days a weekDeloitte India is mandating employees to return to the office at least two days a week starting October 1st, citing space considerations an...
UK watchdog probes Deloitte's audits of Glencore's 2013-2020 accountsThe Financial Reporting Council (FRC) has launched an investigation into Deloitte LLP's audits of Glencore and its Glencore Energy UK Limit...
AI will eliminate certain roles, but will create more jobs than it eliminates: Deloitte AI execIn an interview with PTI, Tandon, Managing Director, AI and Insights Practice Leader, Deloitte LLP, said AI will not snatch jobs, but will ...
NFRA finds certain lapses in audit quality of network entities of Big 4The inspections of the audit firms were started in December last year and covered various aspects, including review of firm-wide quality co...
Deloitte seeks review of apex court ruling allowing SFIO probeThe financial affairs of IL&FS Group came under scrutiny in 2018 after it defaulted on short-term and long-term debt obligations to the tun...
PwC offers advice from bots in deal with ChatGPT firm OpenAIThe accounting firm will use AI to consult on complex matters in tax, legal and human resources, such as carrying out due diligence on comp...
Aditya Puri joins Deloitte as senior advisor“Mr Puri is a visionary leader and an asset to the business world,” said Romal Shetty, CEO, Deloitte South Asia. Commenting on his role, Pu...
Indian consumers willing to pay a premium for purchasing their next vehicle despite inflation fears, says Deloitte studyThe study conducted from September 21-29, 2022, with a sample of 1,003 consumers in India found that "vehicle intenders in the price bracke...
MCA plans to move SC against IFIN auditorsThe Centre plans to contest in the apex court a Bombay High Court ruling that disallowed a government petition that had sought to take acti...
IFIN case: Regulator says Deloitte didn’t comply with guidelinesNFRA has said that Deloitte had failed to comply with auditing standards in carrying out statutory audit of IL&FS.
Fortis Board unable to determine if fraud has occurred: AuditorDeloitte Haskins & Sells LLP today said the Board of Fortis Healthcare are unable at present to determine whether a fraud has occurred on t...
Deloitte survey: Digital world of work is forcing companies to radically change organisational structure and talent strategiesResponding to disruptive changes in digital technology, business models and workforce demographics, 92% of business and HR leaders have ide...
NFPIL to appoint Deloitte Haskins and Sells as a joint auditorThis marks the beginning of the compulsory audit rotation that is set to hit the Indian companies within next two years.
India-born Punit Renjen to be Deloitte Global CEOHe has spent 28 years in the US and in Deloitte and I think we Indians are just happy with the reflected glory. He is more American," a hea...
- Deloitte buys Monitor's Global Strategy Consulting business
Deloitte has acquired substantially all of the business of Monitor, a leading global strategy consulting firm, for an undisclosed amount.
- 84 pct US professionals worried about "double dip": Deloitte
A survey by global consultancy Deloitte said that a majority of the business professionals in the US are concerned over the possibility of ...
- Radical cost restructuring vital for recovery: Deloitte
With plummeting commodities prices, frozen credit markets, and diminishing demand, many metals manufacturers are being forced to take drast...