ICAI to set up Section 8 company for mediation, arbitration activities
The five existing Section 8 companies of the institute are ICAI ARF, XBRL India, IIIPI, ICAI RVO and ISAI.
Read More
Quant Mutual Fund clarifies CFO resigned in February before Sebi’s raid
Quant Mutual Fund has issued a clarification saying that its CFO Harshal Patel had tendered his resignation on 19th February, 2024 and the last day of his service with the company was on 19th May, 2024. The fund house is…
Read More
Insolvency resolutions likely to clock a fresh record in FY25: IBBI chief
The Insolvency and Bankruptcy Code (IBC) is seeing a rise in resolved cases, with a focus on innovative approaches and transparency to improve recovery rates. Efforts to save firms from liquidation and address delays in resolution processes are being emphasized…
Read More
Ahead of budget, US-India forum urges FM Sitharaman for stable & predictable tax environment
The US-India Strategic Partnership Forum (USISPF) has urged Union Finance Minister Nirmala Sitharaman to prioritize a stable and predictable tax environment in the upcoming Union Budget 2024-25. Emphasizing the need for measures that stimulate growth across sectors, the US-India Tax…
Read More
Congress pitches for ‘billionaire tax’
The Congress party questioned Prime Minister Narendra Modi’s position on a proposed 2% wealth tax on billionaires, a topic to be discussed at the upcoming G20 meeting. Congress general secretary Jairam Ramesh highlighted the potential revenue of ₹1.5 lakh crore…
Read More
12.5 crore jobs created in last 10 years: Union Minister
Minister of Petroleum and Natural Gas Hardeep Singh Puri said on Thursday that while 12.5 crore jobs have been created in the Indian economy during the last 10 years only 2.9 crore jobs were created in the 10 years before…
Read More