The Supreme Court has ruled that interest-free or concessional loans given by banks to their employees will be considered “fringe benefits” or “amenities” and therefore taxable. The court argued that these benefits are unique to bank employees and are in…
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The Reserve Bank of India (RBI) has lifted restrictions on Bank of Baroda’s BoB World app, allowing the bank to onboard customers through the application immediately.
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The Reserve Bank of India (RBI) has proposed stringent new rules for project finance, aiming to minimize risks associated with long-gestation infrastructure projects. These regulations include higher provisioning during construction phases and classification of delayed projects as non-performing assets. However,…
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In the past few years, Xiaomi has had to face multiple investigations and legal proceedings launched by the income tax authorities, the Directorate of Enforcement and the customs department on matters such as the alleged evasion of custom duty and…
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Highlights: IMF projected a growth rate of 7.8% for FY24. CEA says growth trajectory in first three quarters shows possibility of 8 %. He says would be happy if GDP were to have a 9.5-10% rate like that of China
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Amidst shifting consumer behaviors and evolving market landscapes, Ashish Jain, CFO of KRBL, unveils a strategic roadmap for FY25, prioritizing digital transformation, talent development, and robust growth projections.
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