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U.S. accounting firms tap India to alleviate talent crunchU.S. accounting firms are increasingly turning to India to address a critical shortage of accountants at home. This surge in recruitment is...
India presence imperative as part of worldwide expansion: CLA GlobalCLA Global is among the non-Big Four professional services networks, such as RSM, Baker Tilly, HLB, Mazars and Nexia, which, driven by the ...
Budget 2020: Will NRIs have to report foreign assets in their ITRs?Indian residents are required to report their global assets and financial interests. This resulted in an apprehension about Indian citizens...
Sensex tanks over 100 points on Korea nuke test, oil price dropJapan's government spokesman said there was a high possibility the seismic event indicated that Korea had conducted a nuclear test, Reuters...
Rupee depreciates 7 paise to 66.63 against US dollarThe domestic currency had closed 11 paise higher at 66.56 in the previous session amid fag-end dollar selling by banks and exporters.
Investors should opt for diversified equity funds with exposure to US markets to reap benefits: ExpertsThey cite lack of willingness among broking firms to offering overseas trading accounts, confusion over taxation laws.
- Auditors' reaction on Satyam saga
News of cooked up numbers in the Satyam Computers balance sheet has rattled the accounting profession. Here are a few reactions.
- Jewellery cos to securitise global receivables
Jewellery companies in India are looking at securitising their international receivables to avail of lower interest costs overseas at a tim...
- US slowdown puts BPO buyouts on fast track
The US slowdown is pushing more third-party outsourcing firms and captive operations to sell out, according to industry players. Cyber-Spac...
- JKH picks up 44% stake in Quatrro F&A
JKH will shell out an upfront payment of $5.72 m & will bring in additional funds over a period of time.
- Quatrro buys McGladrey's captive accounting unit
Quatrro BPO has bought out the captive accounting unit of RSM McGladrey, one of the top five global tax and accounting firms with revenues ...
- RSM plans to enter US corporate taxation space
The Chicago based RSM McGladrey FPO plans to double headcount in India, eyes Pune, Coimbatore for new facility.
- RSM McGladrey FPO to enter US corporate taxation space
In A sign that outsourcing of core finance processes to India is gaining momentum, Chicago-based RSM McGladrey FPO plans to more than doubl...
'Smaller firms would be under pressure'Ramesh Rajan took over as the chairman of PricewaterhouseCoopers in May this year. He takes over at a time when business prospects look ver...
- Foreign pension funds must pay tax
Overseas pension funds, particularly those based in the US, now face a tax demand in India.
- Naming India manager enough to tax MNC
A country manager in India, of a foreign entity, has been held by the Authority for Advance Rulings (AAR) to constitute a permanent establi...
- Ruling on royalty payments to cut India Inc’s tax bill
Corporate India can now breathe a bit easy. Payment for any information sent to an Indian company from a foreign technology collaborator ne...