Sun.Jun 30, 2024

article thumbnail

Supreme Court deals big blow to federal agencies

CFO Dive

In a landmark ruling, the justices overturned a 40-year-old precedent and significantly reduced the power of federal agencies to interpret the laws they administer.

130
130
article thumbnail

Debate aftermath: Barlclays says buy inflation protection

Tips Watch

By David Enna, Tipswatch.com Any long-time reader of this site knows I try very hard to avoid political discussions and I discourage political rants in the comments section.

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

From Chaos to Clarity: The Seven-Year GST Evolution

CFO News

GST, implemented on 1st July 2017, has revolutionized India's taxation system. Parag Mehta and Ankit Joshi explore its achievements, challenges, and future expectations in this insightful analysis.

75
article thumbnail

KPMG: sustainability is a key factor for financial success

Future CFO

Sustainability has made its way to the centre of business considerations as it has become one of the metrics in determining an organisation's financial success. KPMG 's latest white paper, “ Is sustainability good for financial performance? ”, explores the relationship between sustainability and financial returns, including the impact of sustainability investments on financial performance.

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

Zomato gets Rs 9.5 crore tax demand, company to appeal against order

CFO News

Food delivery company Zomato said it has received a tax demand from the Karnataka authorities, aggregating to Rs 9.5 crore. This is the latest of multiple orders the company has received previously; the last was Rs 11.82 crore in April.

40

More Trending

article thumbnail

GST simplified compliance, improved tax buoyancy; fake ITC generation still a challenge

CFO News

Introduced seven years ago, the Goods and Services Tax (GST) has streamlined compliance and boosted tax revenues, but challenges persist with fake invoices and fraudulent registrations causing tax evasion concerns. Despite this, GST has simplified the tax regime, increased taxpayer numbers, and improved tax buoyancy and state revenues. However, efforts to combat evasion are ongoing, with the need for further measures such as operationalizing the GST appellate tribunal.

article thumbnail

10 Sunday Reads

Barry Ritholtz

Avert your eyes! My Sunday morning look at incompetency, corruption and policy failures: • The Federal Reserve’s Little Secret : No one really knows how interest rates work, or even whether they work at all—not the experts who study them, the investors who track them, or the officials who set them. ( The Atlantic ) • Why Front-Page News Can Mislead Investors : Extreme pessimism—the kind that often leads the news—can potentially be fertile ground for investment opportunities. ( Morningstar )

Math 57
article thumbnail

The stayed order exists but remain suspended, says NCLT Mumbai Bench

CFO News

The NCLT Mumbai Bench deciding in the matter of Ericsson India Private Limited v. Reliance Communications Limited has held that the the effect of the order remains suspended till stay has been granted by the appellant court.

article thumbnail

It's taxing times for electoral bond buyers after Supreme Court's Feb verdict

CFO News

More than 1,000 entities who purchased electoral bonds for political donations may now face inquiries from tax authorities regarding the deductions claimed on these contributions, following the Supreme Court's decision to invalidate the scheme in February. The Supreme Court, in its ruling on February 15, declared the electoral bond scheme unconstitutional.

40
article thumbnail

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

Speaker: Amanda Adams, Fractional CFO, CPA

Are you ready to elevate your accounting processes for 2025? 🚀 Join us for an exclusive webinar led by Amanda Adams, 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

Banks scanning proprietor A/Cs to spot 'money mules'

CFO News

Banks intensify scrutiny on new accounts to combat mule activities, adapting to evolving fraud tactics like forming private companies. Vigilant measures include verification visits, latitude data, and washout logic analysis to deter money laundering and digital frauds in the financial system.

Banking 40
article thumbnail

India Inc now picks its C-level champions from indoor pool

CFO News

Indian companies like Mahindra and Aditya Birla Group are increasingly focusing on internal talent pipelines for leadership roles, showcasing a shift towards nurturing seasoned professionals for longer tenures within the organization.

article thumbnail

RBI aims to get inflation down to 4%, don't expect any rate cut this year: Amitabh Chaudhry, MD, Axis Bank

CFO News

Axis Bank aims for sustained growth through NIM enhancement, market share expansion, and compliance strengthening under CEO Amitabh Chaudhry's leadership.