Electronics makers shop for cos to tap western clients
Companies like Kaynes, Dixon Technologies, Syrma SGS, Cyient, and Amber are actively acquiring and partnering with companies to access new technologies and tap into the global market.
Read More
Income Tax Department enables online filing of ITR-3 form
The Income Tax Department on Wednesday informed that it has enabled online filing of income tax return (ITR) form number 3 (ITR-3). Taxpayers who have business income, income from share trading (such as futures and options), or even investments in…
Read More
Microsoft in advanced talks for continued access to OpenAI tech: Report
The companies have discussed new terms that would allow Microsoft to use OpenAI’s latest models and technology even if the ChatGPT maker declares it has achieved artificial general intelligence (AGI), or AI that surpasses human intelligence, the report said.
Read More
India needs a Top 20 audit firm ecosystem, not just a Desi Big Four, says Baker Tilly ASA’s Ajay Sethi
India’s audit ecosystem remains tilted in favour of the Big Four, warns Baker Tilly ASA’s Ajay Sethi, citing exclusionary tenders, restrictive private equity clauses, ambiguous joint audit rules, and weak enforcement of the ICAI guidelines. Sethi said that instead of…
Read More
Uber loses UK Supreme Court appeal over tax on rival apps
Uber’s attempt to impose VAT on rival taxi operators failed. The Supreme Court dismissed Uber’s appeal. This decision means private hire operators outside London will not face a 20% VAT charge on profit margins. Delta Taxis hailed the ruling as…
Read More
Indian contract manufacturers go global: Firms capitalise on tariff-led supply gaps; analysts flag ROI risks
Indian electronic contract manufacturers are strategically expanding their global footprint through acquisitions and partnerships, capitalizing on supply chain disruptions and tariff shifts, particularly those impacting China. These companies are acquiring technologies and certifications to access markets in the US and…
Read More