Sun.Jul 21, 2024

article thumbnail

Seizing opportunities in finance

Future CFO

Given the advent of artificial intelligence and machine learning, the accounting profession faces challenges in talent as it continues to navigate its way around digitisation and shifts in the market. It is why the accounting profession is in need to keep up with the technological trends and not be caught off guard by the hurdles on the way, fully understanding the weight and importance of upskilling and reskilling.

Finance 104
article thumbnail

A 10-year TIPS matured July 15. How did it do as an investment?

Tips Watch

By David Enna, Tipswatch.com On July 15, an ugly-duckling 10-year Treasury Inflation-Protected Security matured. It was CUSIP 912828WU0, first auctioned on July 24, 2014. I call it an ugly-duckling because the auctioned real yield was 0.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Tax reforms in Budget 2024 that can boost capital flows and M&A transactions in India

CFO News

New India's fastest-growing economy needs strong capital flows and M&A. Budget 2024 should address valuation rules, share swaps, overseas mergers, capital gains, M&A financing, non-industrial consolidations, and listed transactions. Key focuses include competitive disadvantage, market confidence, anti-abuse conditions, and cleanup clarifications.

article thumbnail

1018: From Complexity to Clarity: Simplifying Business Segments for Investor Insight| Shelagh Glaser, CFO, Synopsis

CFO Thought Leader

CFOTL: Synopsis has led many lives over the last 40 years. Tell us about this Synopsis today? What is this company about today? Glaser: Synopsis has got many great chapters. What synopsis is about, in simple terms, is we make the software that people use to make it semiconductors. So if you will, we make this a thing that allows people to make the same.

CFO 40
article thumbnail

The Growth Architect: How Financial Leaders are Unlocking Potential

Speaker: Ashley Harlan, MBA

What if your role as a fractional CFO went beyond operational support to actively shaping the future of your clients’ businesses? 💼 ✨ In this session, discover how fractional finance professionals can position themselves as architects of growth, guiding their clients toward sustainable success and preparing them for full-time financial leadership.

article thumbnail

Early birds report muted profit growth for April-June

CFO News

The first-quarter results season shows double-digit revenue growth, but profit growth slows down. Banks and finance companies lead the way with strong performances. Stay updated as more companies announce their results in the coming weeks.

Finance 45

More Trending

article thumbnail

Budget 2024 will lay foundation for dream of Viksit Bharat by 2047: PM Narendra Modi at the start of Parliament’s Budget session

CFO News

Budget 2024 expectations: This Budget is an important budget for Amrit Kaal. Today's budget will decide the direction for the next 5 years of our term, said PM Modi. Finance Minister Nirmala Sitharaman will present the first full Budget of the newly elected NDA government on July 23, 2024.

article thumbnail

Compensation gap between CEO & median employee widens in India Inc from pre-pandemic years, finds ET study

CFO News

An ET study identified the widening gap in compensation between CEOs and median employees in 35 major Indian companies post-pandemic. Companies such as Hindustan Unilever, Infosys, and Tata Steel witnessed a significant increase in CEO to median pay ratios from 2019-20 to 2023-24 due to higher variable pay, bonuses, and ESOP-linked earnings, with ITC's ratio rising to 400:1 in FY24.

40
article thumbnail

Budget recap: Indian businesses that got a leg-up in 2023

CFO News

In Budget 2023, key proposals included tax adjustments, customs duty changes, and MSME support. For Budget 2024, India Inc expects continued capex, reforms in key sectors, extended tax benefits, and measures to reduce business costs and boost consumption.

article thumbnail

Cost of equity in India is stable, reflecting maturity and resilience: EY survey

CFO News

The average cost of equity in India is 14.2 per cent, up 40 basis points since 2021, indicating strong resilience, according to a survey by EY. It also noted that the equity market risk premium has steadily shrunk over the past surveys.

article thumbnail

2025 Payroll Calendar Templates (Biweekly, Semi-Monthly, and Monthly)

Use these handy calendar templates to stay on top of payroll in 2025! Download them today to share with your HR team or post for employees. Whether your company has biweekly, semi-monthly, or monthly pay periods, Paycor has you covered. Get your templates today!

article thumbnail

Quick commerce changes the game: Retail Inc joins Q as India shops by the minute

CFO News

Indians are buying daily necessities and fast-moving consumer goods more frequently and in larger numbers than a few years ago, with researchers and senior executives attributing this to a growing trend of consumers seeking instant gratification, fuelled by burgeoning quick commerce.

Retail 40
article thumbnail

Create harmony in capital gains tax

CFO News

Taxation of capital gains from equity ownership has gained popularity in the Indian budget, aiming to direct household savings into more productive investments. However, this treatment leads to widening inequality and limits tax revenue growth. India's stock market is mature, and the effective tax rate favors capital, causing wealth concentration and tax arbitrage between wage and capital income.

article thumbnail

Budget 2024: Expectations on changes in capital gains tax, tight F&O norms, sops for startups, AI

CFO News

Union Budget 2024: The IT sector seeks digitalization and technological advancement, while the healthcare sector needs increased spending on technology integration.

article thumbnail

Budget 2024: Job creation, other booster shots likely for fitter economy

CFO News

Budget 2024: The upcoming budget is set to energize the economy through targeted interventions in job creation, rural areas, MSMEs, and technology. The focus remains on fiscal consolidation while enhancing support for infrastructure and high-tech sectors. Expect simplification of tax procedures and measures to boost foreign investments.

article thumbnail

From Start to Scale: Driving Growth Through Seamless Payments Implementation

Speaker: Michael Veatch, Senior Director, Implementations & Ella Aguirre, Director of Solution Consulting

Embedding payments can be a transformative step for software companies looking to enhance their platform capabilities, boost customer satisfaction, and drive long-term growth. However, the success of payments hinges on a single thing: implementation. Drawing on real-world insights and experiences, payments implementation experts Michael Veatch and Ella Aguirre will explore actionable strategies that can lead to a transparent, friction-free launch and mitigate potential challenges like technical

article thumbnail

SAFE market makes comeback as some Indians dodge rules to bet on foreign startups

CFO News

HNIs invest in 'SAFEs' in foreign startups, sidestepping RBI and FEMA regulations. Attracted by potential returns and simpler compliance, they misdeclare LRS fund uses. SAFEs assist early-stage startups but pose legal, penalty, and capital flight risks. Firms including Khaitan & Co warn of penalties based on market value.

article thumbnail

Byju's founder Byju Raveendran faces reckoning as startup implodes

CFO News

Potential insolvency is a dramatic turn of events for an entrepreneur described by one person who has worked with him as an extremely passionate and goal-oriented person who might adopt "an abrasive approach" in a crisis.

article thumbnail

RBI steps up measures to drain out excess liquidity

CFO News

RBI takes measures to manage liquidity as foreign inflows increase post JP Morgan index inclusion. Actions include selling government bonds and conducting sell-buy swaps in the forwards market. These steps aim to control rupee appreciation and excess liquidity in the banking system.

Banking 40
article thumbnail

Unease spreads through D-Street over ‘regulatory risks’

CFO News

Investors on Dalal Street are concerned about regulatory risks as authorities discuss curbing speculative trading. With the budget approaching, there is debate over potential tax changes on equities. Market shows mild signs of worry, but experts suggest a relief rally if current tax structure remains unchanged.

article thumbnail

Less Stress, More Success: Accounting Best Practices & Processes for 2025

Speaker: Duke Heninger, Partner and Fractional CFO at Ampleo & Creator of CFO System

Are you ready to elevate your accounting processes for 2025? 🚀 Join us for an exclusive webinar led by Duke Heninger, a seasoned fractional CFO and CPA passionate about transforming back-office operations for finance teams. This session will cover critical best practices and process improvements tailored specifically for accounting professionals.

article thumbnail

Nirmala Sitharaman set to make history with seventh consecutive Union Budget

CFO News

Budget 2024: Finance Minister Nirmala Sitharaman will present her seventh paperless budget on July 22 during the Monsoon Session. Engaging with economists, MSMEs, trade unions, and the CII, the focus is on capital expenditure and employment growth. Farmers seek higher agriculture allocations. Six bills, including Bhartiya Vayuyan Vidheyak 2024 and the budget for Jammu and Kashmir, will be presented.

article thumbnail

Budget 2024: Economic Survey to be presented today, a day before Budget

CFO News

Budget 2024: Nirmala Sitharaman will present the Economic Survey before Budget 2024-25. GDP forecast rose to 7.2%, IMF predicts 7% growth. Inflation at 4.5%, retail inflation up. Fiscal deficit pegged at 5.1%. Capital expenditure increased by 11.1%, no tax hike before elections. RBI's repo rate combats inflation. President grants pre-budget permission before parliamentary debates.

article thumbnail

The economic impact of India's crypto legislation on the global market

CFO News

This has been driven by India’s Cryptocurrency and Regulation of Official Digital Currency Bill, 2021, which is yet to be tabled but is becoming an era-appropriate necessity.

article thumbnail

Joe Biden withdraws from US presidential race, endorses Kamala Harris as Democratic presidential nominee

CFO News

US President Joe Biden has announced his decision to'step down' as the Democratic Party's Presidential candidate in the upcoming elections, following concerns about his mental stability and lack of confidence to beat Donald Trump. Biden's term ends on January 20, 2025, and he has endorsed his colleague and current Vice President Kamala Harris as his pick to run for the US Presidency.

40
article thumbnail

Avoiding Lease Accounting Pitfalls in 2025: Lessons Learned from Spreadsheet Errors

Speaker: Abdi Ali, Sr. Lease Accounting Consultant

Join this insightful webinar with industry expert Abdi Ali, who will discuss the challenges that can arise from managing lease accounting with spreadsheets! He will share real-world examples of errors, compliance issues, and risks that may be present within your spreadsheets. Learn how these tools, while useful, can sometimes lead to inefficiencies that affect your time, resources, and peace of mind.