Income Tax changes: Rs 17,500 savings, tax exemption till Rs 7.75 lakh. Here’s what taxpayers would get under New Tax Regime

Income Tax changes: Rs 17,500 savings, tax exemption till Rs 7.75 lakh. Here’s what taxpayers would get under New Tax Regime

Union Budget 2024: Finance Minister Nirmala Sitharaman on Tuesday brought in some relief for the taxpayers under the New Tax Regime. After increasing the Standard Deduction limit from Rs 50,000 to Rs 75,000, FM Sitharaman revised the tax slabs for the New Tax regime. She said salaried employee will now stand up to save Rs … Read more

Smart@Work: Small and medium businesses get the online edge

Smart@Work: Small and medium businesses get the online edge

Small and medium businesses (SMBs) across the country are increasingly looking to adopt digital technologies to remain relevant and grow amid the massive disruption caused by the Covid-19 crisis, according to panellists at The Economic Times -Back to Business Dialogues -Using Tech to leverage SMBs for India. Leaders from companies such as Google, Flipkart, Udaan, … Read more

Analysts are ditching AirAsia in droves after record loss

Analysts are ditching AirAsia in droves after record loss

By Kyunghee Park AirAsia Group Bhd., which helped pioneer a wave of low-cost air travel in the region, has fallen even further out of favor after posting a record loss on Tuesday. At least eight analysts tracked by Bloomberg have revised down their recommendations or price targets on AirAsia’s shares since it announced a net … Read more

UK watchdog asks big 4 to separate audit practices

UK watchdog asks big 4 to separate audit practices

LONDON: The UK dominant accounting firms must separate their audit units from other businesses by June 2024 as the country’s accounting watchdog reacts to shortcomings that led to the collapse of several companies. The Financial Reporting Council is asking the so-called Big Four — KPMG, Deloitte, Pricewaterhouse-Coopers LLC and Ernst & Young — to agree … Read more