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RESTAURANT TAX FRAUD
When the acquisition looks great but the footnote doesn't: How Indian managements turn deals into balance-sheet fictionAcquisitions are among corporate finance’s most celebrated events. But the harder story usually emerges later, when the accounting begins t...- Rs 7,00,00,00,00,00,000 and counting: How taxmen filtered 60,00,00,00,00,00,000 bytes biryani bill data to detect mother of all GST scamsA major GST evasion scam has been uncovered in India's restaurant sector. AI analysis of billing data revealed suppressed sales worth thous...
- US bankruptcies surge in 2026: Eddie Bauer, Saks Global, Fat Brands, Francesca and more are struggling - is corporate collapse coming?US company bankruptcies 2026: Large US companies are facing a tough start to 2026, with nine major businesses filing for bankruptcy last we...
- Tax refunds could be delayed in 2026 after major 2025 law changes, lawmakers warnIRS warns of possible delays in 2026 tax refunds. New deductions for tips and overtime complicate filings. Staff cuts and high turnover lea...
- POS machines surge; Anti-deepfakes security rushHappy Thursday! POS terminals have nearly doubled in three years, RBI data shows. This and more in today’s ETtech Morning Dispatch.
- Taxed even for popcorn! Startup founder urges high earners to leave India, deletes viral postA Reddit post by a startup founder urged high-earning individuals to emigrate from India, citing restrictive regulations, poor infrastructu...
- Why Donald Trump's and Kamala Harris' proposals to end taxes on workers' tips would be difficult to enactBoth Donald Trump and Kamala Harris revealed plans to remove federal taxes on tips for workers. Experts indicated that the move would be co...
- One of Italy's most wanted fugitives caught after 11 years on the run; here's how he has trackedSoccer celebration leads to arrest of fugitive crime figure in Corfu.
- Stocks in the news: Vedant Fashions, Schaeffler, NBCC, Yes Bank and TechMVedant Fashions will make it Dalal Street debut on Wednesday as the company raised 3,149.19 crore via its IPO by selling its shares in the ...
- Fact checking claims from the Pence-Harris vice presidential debateVice President Mike Pence and Sen. Kamala Harris tussled Wednesday in the first and only vice presidential debate before the Nov. 3 electio...
- Winsome diamonds fraud case: Mehta family may have moved to MontenegroA few cos floated in Montenegro capital Podgorica are linked to Winsome Diamonds promoter Jatin Mehta.
- HSBC banker, brothers accused of moving drug cash in Paris trialDuring testimony in Paris Monday, Nessim blamed the scheme on his brother Meyer and said he believed the money was linked to tax evasion, n...
- Here's what you can do if a restaurant overcharges even after the GST rate cutEateries are finding several dubious ways of not passing on GST cut benefits to you, the consumer. Some restaurants have only raised their ...
- Here's how your business needs to change for GSTAll GST compliance will be paperless. GST returns will have to be filed online. Therefore, it will be beneficial to move to an electronic s...
- Do you know your financial rights?ET Wealth lists the fundamental rights and duties every investor and taxpayer should not only be aware of, but also act upon whenever neces...
- All NEFT transactions through PNB to be chargedThe outgoing NEFT transactions made through Internet Banking Service have been made chargeable from today.
- Devyani Khobragade case: Action on diplomat issue determined by national interest, says IndiaSalman Khurshid said the government will do what was "fit and proper and in overall national interest".
- India offers non-diplomats facilities exclusively meant for US diplomatic staffIndia cites misuse and the facilities meant only for the US diplomatic staff are offered to non-diplomats and therefore commercially used.
- Conrad Black convicted of fraudConrad Black, former CEO of Hollinger International, was found guilty of defrauding the newspaper publisher.
- 'Frauds can lead to reduced trust in your brand'Advancement of technology is putting Indian companies at a higher risk of frauds. A plethora of frauds are taking place in different indust...
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