PwC to slash China partners' pay after being hit by client exodusPwC has asked its China-based partners to take up to a 50% pay cut amid a regulatory probe and client departures, prompting cost cuts and l...
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...
Bare necessities | Consumers choosing to save amid rising cost of living: PwC surveyThe 2023 PwC Global Consumer Insights Pulse Survey found that 63% of Indian consumers are reining in expenditure on non-essential things, w...
ET GBS: India can provide labour force & secure manufacturing to the world, says Bob Moritz, Chairman, PwCLooking at the leading indicators, it appears that the global economy will slow down in the next two years, says Bob Moritz.
Big Four accounting firms beef up for post-Covid action, offer promotionsOn Friday, local market leader EY and its member firms announced 43 promotions to partnerships in the India region, while PwC promoted 129 ...
Companies like RPG Group, Dalmia Cement, Marico, Panasonic, Vedanta, PwC, KPMG, and upGrad going the extra mile to help staffDalmia Cement (Bharat), for instance, has removed monetary limits and other restrictions on medical reimbursements for employees affected b...
Big 4, others roll back salary cuts, clear staff bonusesBigger professional services firms, including BDO and Grant Thornton, and even niche firms such as Dhruva Advisors, had taken measures to s...
PwC India to announce deferred bonuses, hikes, promotions in OctoberPerformance ratings for FY20 have already been shared with employees and promotions and compensation adjustments will be announced on Octob...
Election at PwC India: 5 candidates in fray for the top jobAccording to multiple sources, the leaders in the fray are Gautam Mehra, the head of tax and regulatory business, Deepankar Sanwalka, the f...
Covid-19: Cos try to save jobs while struggling to meet payroll commitmentsBuffeted by the turmoil unleashed by the Covid-19 pandemic, a bunch of companies are trying to save jobs even while India Inc struggles to ...
PwC deferring promotions, increments and bonuses of India employees, partners to take 25% pay cutPwC India is deferring promotions, increments and bonuses for all its employees in India due to Covid impact.
Auditor quitting adds to woes of embattled Reliance CapitalPwC quit as one of the statutory auditors of Reliance Capital and its unit Reliance Home Finance.
More cash flow for MSMEsIndia's corporate tax rate, at 34.6% with cess and surcharge, is steep compared with the global average.
Budget 2017: Reduced tax rate for MSMEs to benefit 96% of India’s companiesThe outgo for an MSME will now be about 43.32% including the dividend distribution tax, compared with 43.26% for a foreign company, which d...
Indians show 'biggest gap between fantasy and reality', says PwC studyWhile many executives recognise they are not in their ideal job, they are not willing to move if it involves a significant discount in pay.
- Indian executives less willing to accept pay cuts in jobs compared to global peers: PwC, LSE study
Indians are less likely to settle for a pay cut in jobs compared to global peers. 28% of the global senior executives were willing to settl...
- Indian CEOs prefer Esops despite choppy stock market
Despite a choppy stock market and an overall adverse economic climate, Indian CEOs and senior executives still prefer employee stock option...