Browsing Tag
firms
TCS on foreign trips will not hit demand, but compliance a concern: Firms
Travel industry executives also believe that the government could have avoided hiking the TCS rate and instead devised simpler ways to expand the tax base
Travel companies say collecting 20 per cent income tax on foreign trips…
RBI planning strict rules for firms offering payments via PoS machines
The Reserve Bank of India is set to implement strict capitalisation norms and mandatory Know Your Consumer (KYC) requirements for digital payment companies offering merchant payments through point-of-sale terminals, three people in the know…
Fertility app used by 500k women sold private health data to shady Chinese firms
A popular fertility app used by women to track their reproductive health will pay $200,000 to settle claims that it shared highly sensitive data from thousands of users to shady Chinese companies.Premom - an Illinois-based company that…
Government’s own gaming SRO if firms miss three-month deadline
The Centre will form its own self-regulatory organisation (SRO) to manage the administration and implementation of online gaming rules if industry bodies do not come out with a proposal for the SRO before the end of the three-month…
Japan’s prime minister Fumio Kishida to meet with top chip firms as market share dips to 10%
Japan's prime minister Fumio Kishida plans to meet with top executives from global semiconductor companies as early as on Thursday to strengthen multilateral cooperation, chief cabinet secretary Hirokazu Matsuno said."The resilience of the…
GST probe into insurers widens, 10 more firms to get notices soon
The goods and services tax department has widened the probe against insurance companies for alleged wrongful availment of input tax credit. The Director General of GST Intelligence is likely to serve show cause notices to 10 more insures…
Indian IT firms target overcapacity to reduce expenses
At a time when global IT giants have undertaken layoffs to cut costs and reduce pressure on margins, Indian IT majors are adopting various cost tightening measures to address the issue of overcapacity, top industry officials said.Several…
Israel tech firms to continue job layoffs in 2023: Report
Israeli high-tech firms have largely halted job hiring and many are expected to continue layoffs this year, a report on the country's tech sector showed on Tuesday.One-quarter of companies have stopped recruiting new employees and another…
Firms paid more stipend to apprentices in FY22; Chennai tops list: Study
Indian firms paid higher stipends to apprentices in FY22 compared to FY21, said a report by Teamlease on Tuesday.
According to the ‘Stipend Primer Report’, the average stipend pay out witnessed a 2 per cent increase in FY22,…