[ad_1] Receiving an income tax notice can be an anxiety-inducing experience for many individuals. However, it is important to remember that such notices are a routine part of the income tax return filing process and should not necessarily be a cause for panic. With the...
[ad_1] Many tech employees get stocks of their parent companies listed abroad as part of their salary packages. Here's a look at the documentation, taxation and disclosure requirements in India for these stocks.Q.What are the types of employee stock options?ESOP (Employee Stock Option Plan): The...
[ad_1] NEW DELHI: Indian Oil Corporation (IOC), the nation’s top refiner, has embarked on a major data-driven digitalisation drive to optimise its crude purchase, refinery operations and financial management, which has helped boost its efficiency as well as bottom line, said a senior executive.“What we...
[ad_1] The Indian cinema industry's cash registers continued to ring over the weekend as Rajinikanth's 'Jailer' stayed on to earn more than ₹500 crore globally, Sunny Deol's 'Gadar 2' approached ₹400 crore globally, and 'OMG 2,' starring Akshay Kumar and Pankaj Tripathi, crossed the ₹100-crore...
[ad_1] MUMBAI: Sorin Investments, a technology-focussed fund, co-founded by former KKR India head and private equity veteran Sanjay Nayar and Angad Banga, has raised a corpus of over Rs 1,000 crore for the second close of its maiden fund. It had raised around $100 million...
[ad_1] New Delhi: India's top two telecom operators - Reliance Jio and Bharti Airtel - have divergent views on the use of the Universal Service Obligation Fund (USOF). Market leader Jio believes that, at present, the cash reserve is being used to fiberise the towers...
[ad_1] SKRYDSTRUP(DENMARK): Ukraine President Volodymyr Zelensky welcomed Sunday a "historic" decision by the Netherlands and Denmark to provide American F-16 fighter jets, the latest move by Western allies to bolster his country's efforts to fend off Russia's invasion.Zelensky had sought the advanced jets for months...
[ad_1] As the year-end approaches, there's been debate around tax reporting for business transactions on payment apps such as Venmo and PayPal, along with e-commerce companies, such as eBay, Etsy and Poshmark.Some lawmakers are pushing to increase the IRS reporting threshold for Form 1099-K, which covers third-party business payments....