CFO News
JANUARY 1, 2024
ETCFO explores the vision of India Inc CFOs for 2024 – a journey from financial innovation to societal impact. Dive into their transformative resolutions on upskilling, sustainability, and personal growth. Read what top CFOs have to say.
Nerd's Eye View
JANUARY 1, 2024
Welcome to the January 2024 issue of the Latest News in Financial #AdvisorTech – where we look at the big news, announcements, and underlying trends and developments that are emerging in the world of technology solutions for financial advisors! This month's edition kicks off with the news that held-away asset management platform Pontera has raised $60 million in venture capital funding as advisors increasingly seek to directly manage clients' 401(k) and other outside assets – althoug
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Future CFO
JANUARY 1, 2024
The chief financial officer role is now being seen as a key driver in the digital modernisation of organisations, according to a survey sponsored by software company Epicor. The study, which asked 200 manufacturing and distribution organisations with revenues between US$100 million and US$1 billion, revealed that more than 80% of the respondents believe today's economic uncertainty has significantly elevated the importance of the CFO in bringing in strategies and technology optimisation initiati
CFO News
JANUARY 1, 2024
The Ministry of Heavy Industries has extended the Production Linked Incentive (PLI) Scheme for Automobile and Auto Components by one year with partial amendments. The scheme will be applicable for five consecutive financial years, starting from FY24 and ending in 2027-28. The government has also modified the incentive outlay table to INR 25,938 crore.
Speaker: Nancy Wu, Head of Sales and Customer Success at SkyStem
Join us for an enlightening webinar as we delve into the transformative realm of modern accounting practices. In today's digital age, the convergence of outsourcing and automation has revolutionized how businesses manage their financial operations. In this webinar we will explore the synergistic potential of these two strategies to streamline processes, enhance accuracy, save cost and drive strategic decision-making.
Future CFO
JANUARY 1, 2024
When it comes to support for future finance talent in the new year, the Institute of Singapore Chartered Accountants (ISCA) announced recently its plans and initiatives in the next three years to support candidates in their Singapore Chartered Accountant Qualification (SCAQ) Programme. The SCAQ Programme—developed in 2013 and administrated by the former Singapore Accountancy Commission (SAC)—is the national Chartered Accountant (CA) qualification programme that qualifies candidates for the confe
Corporate Finance Brief brings together the best content for corporate finance professionals from the widest variety of industry thought leaders.
Future CFO
JANUARY 1, 2024
The Asia-Pacific (APAC) region should remain resilient in 2024 to challenges from slowing global growth, high interest rates, and lingering property-sector issues in China, says Fitch Ratings. The post Credit outlook 2024: APAC sovereigns' growth to remain strong in 2024 compared with peers appeared first on FutureCFO.
CFO News
JANUARY 1, 2024
The total number of audit reports and other forms filed during the period is 1.60 crore, as against 1.43 crore audit reports and forms filed in the corresponding period of preceding year. December 31 is the last date for filing an updated return, where taxpayers can make corrections if they miss out any details, detected on their own or flagged by the income tax department.
Barry Ritholtz
JANUARY 1, 2024
Happy New Year! Kick it off right with our first day of the year reads: • Everything Wall Street Got Wrong in 2023 : Stocks were supposed to slump and bonds rally as the Fed drove the US into a recession. It didn’t play out as strategists expected. ( Bloomberg ) • Crypto Animal Spirits Are Back. What’s Ahead for 2024. Bitcoin backers are looking forward to an ETF and other catalysts that could lift prices in 2024. ( Barron’s ) see also Stocks Beat the Odds This Year.
CFO News
JANUARY 1, 2024
Life Insurance Corporation of India (LIC) received a demand notice of about Rs 806 crore for alleged short payment of GST for 2017-18. LIC has received a communication/demand order on Monday for collection of GST along with interest and penalty for Maharashtra state, the insurer said in a regulatory filing.
Advertiser: Paycor
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CFO Thought Leader
JANUARY 1, 2024
Planning Aces co-hosts Brett Knowles and Jack Sweeney discuss how AI’s integration into FP&A is still in early stages, with many teams ‘dabbling’ in AI rather than regularly employing it. However, its use has been significant, inspiring creativity and improving team performance. This episode’s conversation emphasizes how FP&A is not just about financial numbers but involves drawing in non-FP&A players into the process.
CFO News
JANUARY 1, 2024
The current consensus among political analysts is for Prime Minister Narendra Modi to retain power in next year’s general elections. In that case, expect a further consolidation of wealth in the hands of Mukesh Ambani, Asia’s richest businessman, and Gautam Adani, his closest rival.
CFO News
JANUARY 1, 2024
Pine Labs and Udaan are the latest to plan shifting their holding companies to India with an eye on the long term. They join several other well-funded and highly valued startups that are moving their overseas holding companies to India — or ‘reverse flipping’ ahead of listings.
CFO News
JANUARY 1, 2024
While NFRA does not have its own guidelines, it goes by the provisions of the Companies Act and the Institute of Chartered Accountants of India's audit standards and guidelines, including the Code of Ethics, which lists out possible threats, including those related to self-interest, self-review, advocacy, familiarity and intermediation.
Speaker: James Kahler, COO of Full Course
Ever wondered where to splurge and where to safely conserve when it comes to operating and growing your restaurant? 🤔 Join James Kahler, COO of Full Course and industry visionary, in this new webinar where he'll talk all about best practices to invest in your restaurant's success! Whether you're a new business or an established restaurant, a seasoned pro or a rookie, you'll learn the keys to sustainable success in this competitive industry.
CFO News
JANUARY 1, 2024
Norwest Venture Partners, WestBridge Capital are among entities said to be in talks to pick up stake in ecommerce firm Meesho. The development underscores the growing trend of secondary share sales in late-stage firms.
CFO News
JANUARY 1, 2024
Petrol, Diesel Rates: India has significantly increased the windfall profit tax on crude oil from Rs 1,300 to Rs 2,300 per tonne. Simultaneously, New Delhi abolished the tax on diesel and aviation turbine fuel (ATF), maintaining the absence of windfall taxes on petrol. Previously, windfall taxes of 50 paise per litre and one rupee per litre applied to diesel and ATF, respectively, which have now been eliminated.
CFO News
JANUARY 1, 2024
GST: India's Goods and Services Tax (GST) revenue sustained an annual increase but registered a three-month low in December. The Finance Ministry disclosed that GST collections in December stood at Rs 1.65 lakh crore, marking a 10.28 percent rise from the previous year. However, this figure was lower than both November's Rs 1.68 lakh crore and October's Rs 1.72 lakh crore, which was the second-highest collection post the GST implementation.
CFO News
JANUARY 1, 2024
The total value of ₹2000 banknotes in circulation, which was ₹3.
Speaker: Jamie Eagan
As organizations strive for agility and efficiency, it's imperative for finance leaders to embrace innovative technologies and redefine traditional processes. Join us as we explore the pivotal role of digitalization and automation in reshaping what is commonly referred to as the “last mile of reporting”. We’ll deep-dive into why digitalization is no longer a choice, but a necessity for finance departments to stay competitive in a fast-paced environment touching on: 2024 trends for the Office of
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