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Love is in the air, which got us thinking… what is the love language of a CFO? For those of you not familiar with “love languages” the basic premise is that different people have different personalities, which means they give and receive love in different ways. And while this may sound like it’s only related to romance it certainly doesn’t have to be!
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In the accounting world, staying ahead means embracing the tools that allow you to work smarter, not harder. Outdated processes and disconnected systems can hold your organization back, but the right technologies can help you streamline operations, boost productivity, and improve client delivery. Dive into the strategies and innovations transforming accounting practices.
Artificial intelligence is still on the threshold of business operations transformation, offering potential benefits for operational efficiency, cost savings, and business process optimisation, but it shouldn't be treated as a threat to people's jobs, according to the Association of Chartered Certified Accountants In ACCA's recent and inaugural global economic outlook annual prospects report , the professional accounting body took note of how the excitement about artificial intelligence reached
The ED and DGGI have investigated Paytm for alleged money laundering and illegal betting. The agencies have raised concerns about Indian payment gateways being used for trade-based money laundering, illegal betting, and diversion of funds to crypto wallets. Paytm has faced scrutiny for KYC-related lapses and freezing suspicious accounts.
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Taxing the Indian online gaming industry is set to generate a hefty sum of Rs 14,000 crore ($1.7 billion) in goods and services tax (GST) by next year, according to Revenue Secretary Sanjay Malhotra. The government implemented a 28% tax on online betting in October 2023, causing ripples in the $1.5 billion industry backed by global investors. The GST is affecting players who have to pay tax on the full value of their initial in-game currency purchase.
Inside The Mentoring Round, CFO Sam Kemp emphasizes the importance of understanding the gap between a business’s formal operating model and the actual, informal ways it functions. Recognizing this gap is crucial for new leaders to gain leverage quickly within an organization or a new division. Looking forward, Sam outlined his top three priorities: ensuring the financial infrastructure supports the company’s scaling stages, engaging in thoughtful capital allocation, and navigating th
The fiscal deficit may fall below the estimated 5.1% in FY25, says Soumya Kanti Ghosh, Group Chief Economic Advisor, Economic Research Department, State Bank of India.
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Paytm, in an official release, stated that the news item suggesting such an acquisition is speculative, baseless, and factually incorrect. The clarification from Paytm extends to its associate company, Paytm Payments Bank Limited, as well. According to the release, the payments bank has also not engaged in any negotiations related to the speculated acquisition by Mukesh Ambani.
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ED sought additional information from the Reserve Bank of India (RBI) on alleged violation of the Foreign Exchange Management Act (Fema) by individuals and companies using Paytm Payments Bank. RBI had informed ED of possible breaches in November 2023. ED wrote back to RBI seeking information on the entities that had violated Fema.
The note, signed by startup founders including Policybazaar's Yashish Dahiya, Bharat Matrimony’s Murugavel Janakiraman, Makemytrip’s Rajesh Magow and Ritesh Malik of Innov 8 said the RBI order would have a far-reaching impact on the ecosystem than just on Paytm as a company.
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Your past-due accounts are growing, cash flow is tightening, and the pressure is on. The big question: Do you handle the collections internally or outsource to experts? Both strategies come with advantages and risks - but which one delivers the best impact for your business? In this session we’ll dive deep into the in-house vs. outsourcing debate, examining cost-effectiveness, efficiency, compliance risks, and overall recovery success rates.
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