Thu.Dec 28, 2023

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Kitces & Carl Ep 128: Noticing What You Spend Money On That’s Actually An Investment

Nerd's Eye View

Throughout history, there has been an age-old question of the difference between an investment and an expense. Society often views expenses as a permanent fixture in life, suggesting that there is no path away from their burden. But what if there was an alternative path? What if there was a way to shift our financial mindset about expenses from one of endless sunk costs to one of intentional investment?

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IHC, Adani in alliance to tap India's $175 bn digital economy

CFO News

"Inexpensive sensorisation and the power of artificial intelligence are opening up new ways to drive extreme levels of efficiency, ensure real-time decision-making, and rapidly deploy transformative business models.

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Trending Sources

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Govt targeting $500 bn exports from 10-11 sectors by 2030: Official

CFO News

The Indian government aims to boost domestic manufacturing and increase exports to USD 500 billion by 2030 from 10-11 sectors, including automobiles, pharma, textiles, medical devices, and chemicals. The Commerce and Industry Ministry held a meeting to discuss these issues, which were discussed during the Chintan Shivir for Manufacturing. The 11 sectors include auto components, automobiles, capital goods, chemicals, drones, medical devices, aerospace and defense, leather and footwear, textiles,

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Govt to extend duty, tax remission scheme benefits to e-comm exports

CFO News

The step will help SME sectors take advantage of government schemes, further pushing e-commerce exports and boosting overall export growth from the country to achieve the target of USD 1 trillion merchandise exports by 2030.

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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.

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Data and emerging technologies can bring down logistics costs

CFO News

Going beyond infrastructural issues, India’s logistics sector has a lot to grapple with. One easy solution could be digital integration.

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India’s prospects brighter in 2024, retain fastest-growing spot: Assocham

CFO News

Construction and infrastructure-related sectors have received a push, with the government capex spending rising so far in FY24. Meanwhile, The centre’s capex spending was up nearly 55% compared with last year between April- October, whereas states have spent 40% more from last year. India’s GDP expanded 7.6% in the second quarter due to double-digit growth in manufacturing and investment.

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Govt extends deadlines for GST officers to issue demand notices for FY'19, FY'20

CFO News

AMRG & Associates Senior Partner Rajat Mohan said the extension pertains to issuance of orders for the recovery of tax liabilities, whether due to non-payment, underpayment, or erroneous claim of input tax credit, for the financial years 2018-19 and 2019-20.

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Amazon, Flipkart generate Rs 8,705 crore ad revenue in FY23

CFO News

In FY23, Amazon Seller Services, the marketplace arm of Amazon, recorded 29% growth in ad revenue at Rs 5,380 crore, according to the RoC filings sourced from business intelligence platform Tofler. For Flipkart Internet, the marketplace arm of Flipkart, revenue from this segment rose 60% to Rs 3,325 crore.

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Interim budget: Govt likely to give populist spending a pass ahead of general election

CFO News

​Interim budget: While the numbers are being worked out, the Centre may peg its FY25 fiscal deficit at the current fiscal level (budgeted at ₹17.87 lakh crore) or even reduce it, said one of the persons cited. This would lead to a meaningful cut in the fiscal deficit relative to nominal GDP that's expected to expand at a double-digit pace in FY25, one of the officials told ET.

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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!

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Risk of oil price spike impacting FY25 growth is low: CEA V Anantha Nageswaran

CFO News

Speaking at an SBI-organized economic conclave, Nageswaran expressed optimism, suggesting that a cooling off of economic activity would precede a decline in global interest rates. He emphasized that potential spikes in oil prices in 2024 would likely be countered by a decrease in economic activities.

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Dhirubhai Ambani's birthday: Reliance will never be complacent, will be in world's top 10 conglomerates, says RIL CMD

CFO News

Mukesh Ambani, the chairman and managing director of Reliance Industries Ltd, has stated that the company will not become complacent and will strive to become one of the top 10 business conglomerates globally. He emphasized the need for continuous innovation and reinvention, aiming to consolidate a place among global leaders in digital data platforms and artificial intelligence adoption.

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Large international banks ask many Indian HNIs to close accounts

CFO News

Two British banks, a Swiss lender, and an Emirates institution severed ties with over two dozen Indians in the last two months. These individuals had initially opened accounts under the RBI's Liberalised Remittance Scheme (LRS), allowing up to $250,000 annual investment.

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Reliance’s top 5 moves in 2023: Succession planning, broadcast push, retail dominance & more

CFO News

Reliance Industries, led by Mukesh Ambani, continued to diversify its business operations and consolidate its presence in various sectors. The conglomerate made significant moves in the broadcast, retail, and 5G sectors, aiming to become a prominent player across industries.

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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