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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...- PwC finds accounting lapses in IndusInd treasury operationsA confidential PwC review of IndusInd Bank's treasury operations revealed significant accounting irregularities. Manual entries were used t...
- Remember GoPro, the king of action cameras? The once-$11 billion giant is now fighting just to stay aliveGoPro bankruptcy risk: Once an $11 billion market cap giant, GoPro now faces an uncertain future. Its auditor raised "substantial doubt" ab...
- SC GST ruling on online gaming may cast wider tax net over casinos, horse racingA recent Supreme Court judgment clarifies that the GST valuation framework applies broadly to all betting and gambling activities, not just...
- 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...
- GST collections rise 3.2% to ₹1.94 lakh crore in May; import-led revenues drive growthIndia's GST collections hit an impressive ₹1.94 lakh crore in May 2026, showcasing a 3.2% rise primarily driven by robust imports of essent...
- India's gross GST collections ease to Rs 1.94 lakh crore in May from April record as growth slows to 3.2%India's Goods and Services Tax collections saw a moderation in May 2026, reaching Rs 1.94 lakh crore. This figure represents a 3.2% increas...
- Adani, Arcelor among firms setting up treasury operations in GIFT City, sources sayMajor firms like Adani, Bharti Airtel, Genpact, and ZF Friedrichshafen are setting up treasury operations in India's GIFT City. This tax-ne...
- Rajasthan Royals sold for $1.65B to Mittal-Poonawalla consortiumA consortium led by the Mittal family and including Adar Poonawalla will acquire Rajasthan Royals for $1.65 billion. The Mittal family will...
- India's consumption stands its ground amid Gulf War tremorsWest Asia War: India's economy began the new fiscal year with a powerful surge. GST collections reached a record high in April. Passenger c...
- PwC Hong Kong to pay Evergrande shareholders HK$1 billion in compensation, SFC saysPricewaterhouseCoopers LLP will pay HK$1.3 billion in fines and compensation to settle investigations into its auditing of collapsed proper...
- IPL teams appeal for tax rematch: 'Treat event as sport, not entertainment'Indian Premier League teams are asking the government to reclassify match tickets. They want IPL games treated as sports, not entertainment...
- ICAI passes orders against five affiliates of Price WaterhouseThe Institute of Chartered Accountants of India (ICAI) has sanctioned five Price Waterhouse affiliates, two other entities, and two individ...
- PriceWaterhouse partners connived with company’s founders: CBI courtThe trial court magistrate was convinced by the contention of the CBI that the PriceWaterhouse partners had “suppressed the fraud from the ...
- PriceWaterhouse India disappointed over conviction of ex-associates"We understand that Gopal and Talluri are considering filing an appeal against this verdict," PriceWaterhouse said.
- Price Waterhouse files suit against Ramalinga RajuAudit firm Price Waterhouse has filed a suit against former chairman of Satyam B Ramalinga Raju and others claiming damages of Rs 100 crore.
- Satyam sues former Board of Directors, certain employees, Price WaterhouseSatyam has filed a suit in Hyd court against its former Board of Directors, certain staff & Price Waterhouse seeking damages for perpetrati...
- Rel Infra told not to appoint Price Waterhouse for 3 yrsSebi directed Reliance Infrastructure not to appoint Price Waterhouse as its statutory auditor for three years.
- Satyam scam: SEBI not to allow PW quiz RajuMarket regulator SEBI on Wednesday turned down a request from PriceWaterhouse (PW) to allow the firm to cross-examine Ramalinga Raju.
- ICAI may push Price Waterhouse into blacklist zoneICAI may consider recommending blacklisting of Price Waterhouse, which would bar the global audit firm from carrying out auditing in India....
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