While many taxpayers and professionals viewed the RCM on rent as a mere cash flow issue (with Input Tax Credit offsetting the liability), a closer look reveals its hidden cost: a higher late filing ...

KRA reckons that the exemption has slowed down its bid to rope the hard-to-get informal traders into the tax bracket, denying ...

In mid-April 1775, Revere rode to warn Concord that General Thomas Gage, Massachusetts Governor and commander of British forces, had his eye on the munitions they stockpiled. On his route back to ...

The guidelines also define key terms such as “outsourcing,” “participants,” “reverse factoring,” and “trade financing unit.” All ITFS operators are required to maintain a minimum owned fund of USD 0.2 ...

Department has started reopening old tax assessment cases. The main aim is to catch businesses that reduced their profits by ...

Digital payments firm Pine Labs has secured the nod from the National Company Law Tribunal (NCLT) to merge its Singapore entity with its India entity, thereby reverse flipping its parent entity back ...

Barack Obama signed the Affordable Care Act into law. It was an initiative intended to address rising healthcare costs. The ...

US President Donald Trump signed an executive order to lift restrictions on water flow from showerheads, a move aimed at rolling back water conservation measures instituted by the Barack Obama and ...

The Trump administration is appealing a court ruling that it must restore the Associated Press’ access to the White House “immediately.” AP was banned from the White House in February for ...

The company missed consensus estimates on revenue and earnings, with CEO Gary Friedman claiming during the call that they were operating in “the worst housing market in almost 50 years ...

Ms. Patterson is an economist who has held senior roles at JPMorgan Chase and Bridgewater Associates. Growing up in Florida, I lived through some bad hurricanes. The worst of them altered the ...

Contractors that work with the city of Chicago have been asked to trim their invoices to the city, according to a letter the city’s procurement office sent businesses last month. A copy of the ...