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Employee wrongly reported Rs 65.21 lakh VRS payout in ITR, lost tax relief; ITAT Pune rules the amount is not taxable and grants him reliefEmployee got Rs 65.21 lakh as VRS after company shut plant, but wrong ITR reporting led to tax dispute; ITAT Pune rules in his favour and g...
Psychology says employers who repeatedly pay salaries late aren’t just damaging trust, they may also lack leadership skillsPaying employees on time is more than a financial obligation, it is a cornerstone of trust. Organizations that consistently honor payroll c...
UPI MDR could raise business costs, hurt consumption if introduced: ExpertsExperts suggest focusing on who bears UPI merchant discount rate costs. Introducing this fee could increase business operating expenses and...
UPI MDR may return for large merchants: What it means for your digital paymentsIndia's government is considering a small Merchant Discount Rate for large UPI retailers. This potential change aims to create a sustainabl...
Setu chief business officer Anand Raisinghani steps downAnand Raisinghani has resigned from his role at Pine Labs-owned Setu, an API infrastructure company. He is stepping down to pursue new care...
Exclusive: UPI merchant fee likely to be set at 5-7 basis points: sourcesThe move would mark a significant shift in India’s digital payments policy, six years after the government made UPI and RuPay debit card tr...
Exclusive: Govt may bring back UPI merchant fee for big businessesIndia may reintroduce merchant discount rates for large businesses on UPI transactions. This move aims to address the financial sustainabil...
Jio Financial Services shares rally 6% after stellar Q1 results. Buy, sell or hold the stock?Jio Financial Services shares surged 6% after the company posted a strong Q1FY27 performance. Consolidated net profit jumped 155% year-on-y...
JPMorgan says 100+ MNCs are exploring GIFT City operationsGIFT City is drawing strong interest from multinational companies, with JPMorgan saying more than 100 firms are exploring banking and payme...
PayPal board sees Stripe-Advent's $53 billion bid as undervaluing company, sources sayPayPal's board considers a $53 billion takeover bid from Stripe and Advent International as undervalued. The company has not formally respo...
Paytm board to consider first bonus issue on July 20The proposal is yet to be approved and will require the necessary clearances, the company said in a stock exchange filing. Paytm has not di...
Abbott Labs shares jump 12% as Q2 sales rise, profit outlook raisedAbbott Laboratories shares surged 12% after the healthcare company reported strong second-quarter sales, raised its full-year earnings outl...
Wipro’s muted quarter; UPI’s merchant fee revivalWipro posted flat first-quarter profit despite higher revenues. This and more in today's ETtech Top 5.
Jio Financial Q1 Results: Profit skyrockets 155% YoY to Rs 830 croreJio Financial on Thursday reported 155% year-on-year (YoY) growth in its consolidated net profit at Rs 830 crore in the first quarter. The ...
UPI fees explained: Why the government plans to revive MDR and who will payThe central government is considering reintroducing a merchant discount rate on UPI transactions. This levy would apply only to large merch...
PayPal shares jump over 15% after Stripe, Advent make $53 billion buyout offerPayPal shares surged after a reported $53 billion buyout offer from Stripe and Advent International, valuing the company at a premium. The ...
Stripe, Advent offer to buy PayPal for more than $53 billion, sources sayPayments firm Stripe and Advent International have jointly offered to buy PayPal. Their offer values the company at over fifty-three billio...
Payoneer bets big on India with Gurugram innovation hub, eyes country among top three global marketsPayoneer opened its innovation hub in Gurugram, India, on Monday. The company plans to expand its Delhi NCR center to 300 employees. This f...
Global Market: EU opens talks on digital euro rules, eyes 2029 launchThe European Union has begun negotiations on legislation to create the legal framework for a digital euro, aiming to finalize the rules by ...
Giving more credit where credit's dueCredit card firms now prioritize existing clients over new ones. They offer enhanced credit and personalized benefits to loyal customers. U...