Auditors flagged OnePlus Technology India for hosting accounting software on foreign servers, using non-English program codes, delayed employee provident fund payments, and pending tax assessments. The company is addressing issues amid scrutiny from the ED and Income Tax Department and…
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The automotive sector is set to lead salary hikes in FY25, offering an average increase of 10.1%, ahead of the 8.8% average across India Inc, according to Deloitte’s latest study. The hikes are driven by demand for talent in areas…
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India Inc’s operating profit margins are expected to increase by 10 to 40 basis points to 18.2-18.5 per cent in Q1 (April-June) of FY2026, following the sequential recovery over the past few quarters, according to a report released by rating…
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RedBus has appointed Saurabh Agarwal as its new chief financial officer, bringing over two decades of experience in financial leadership and corporate strategy. Agarwal’s expertise in high-growth businesses and team building aligns with RedBus’s ambitions to scale across markets and…
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The EPFO cautions members against using third-party agents for services, advising them to utilize the free online portal to protect their financial data. The organization has streamlined processes like KYC updates and claim submissions, removing employer approvals in many cases.
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The Central Public Sector Enterprises (CPSEs) have contributed a record Rs 4.85 lakh crore to India’s financial resources in FY2023- 2024, a 120 per cent increase from Rs 2.20 lakh crore in FY 2013-2014, the Finance Ministry said on Monday.
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