Sun.Feb 02, 2025

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Union budget 25-26: Very good, good, and not so good: for business and finance

CFO News

In a detailed analysis, Robin Banerjee, a seasoned finance expert evaluates India's recent Union Budget 25-26, identifying critical steps to tackle slowing GDP growth, inflation, and employment challenges. While some initiatives show promise, can India truly accelerate its economic growth and transform its fiscal landscape in the coming years? Dive into Banerjee's insightful review to explore the budget's potential and limitations.

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The role of AI in accounts payable automation

Future CFO

In navigating the current world that is ever-changing, evolving constantly with various technological advancements that almost always force their way in to day-to-day routines of organisations, it is a no-brainer that the Finance function has shifted its focus on artificial intelligence for some time now. Incorporating AI into the processes of the Finance department has been an imperative for companies to keep up with the required digital transformation.

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How to Do Ad Hoc Analysis

The Finance Weekly

Do you ever find yourself digging through data, trying to answer unexpected questions on the spot? Maybe your boss asks why sales dipped last quarter, or you're trying to spot trends in customer behavior. Thats where ad hoc analysis comes inits all about finding answers quickly without waiting for a pre-built report. Instead of relying on standard dashboards or reports, you pull the data, analyze it, and get answers in real time.

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India’s Manufacturing PMI elevates to six-month high of 57.7 in January

CFO News

Indias Manufacturing PMI in January accelerated to 57.7 from 56.4 in the previous month, revealed data from S&P Global. Indian goods producers kicked off the year to a robust start, with new orders rising at the quickest pace since July 2024.

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Outsourcing Vs. In-House: The Ultimate Battle For Better Collections

Speaker: Susan Richards

Your past-due accounts are growing, cash flow is tightening, and the pressure is on. The big question: Do you handle the collections internally or outsource to experts? Both strategies come with advantages and risks - but which one delivers the best impact for your business? In this session we’ll dive deep into the in-house vs. outsourcing debate, examining cost-effectiveness, efficiency, compliance risks, and overall recovery success rates.

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The unique serenity of holding TIPS at TreasuryDirect

Tips Watch

By David Enna, Tipswatch.com Want to find your happy place? Sometimes you have to go your own way. The consensus advice is to buy individual Treasury Inflation-Protected Securities in a tax-deferred account, most likely a traditional IRA.

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10 Sunday Reads

Barry Ritholtz

Avert your eyes! My Sunday morning look at incompetency, corruption and policy failures: Did a Private Equity Fire Truck Roll-Up Worsen the L.A. Fires? During the LA fires, dozens of fire trucks sat in the boneyard, waiting for repairs the city couldn’t afford. Why? A private equity roll-up made replacing and repairing those trucks much pricier. ( BIG by Matt Stoller ) Elmo Watch : Elon Musk rose to the top of video game charts.

Banking 58
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Centre may push for a leaner GST machine

CFO News

The Centre plans to simplify the GST structure by revamping slabs for better implementation and compliance. The focus will be on rationalising the current four-slab structure and eliminating dual rates for certain products. The GST Council's GoM has yet to submit its final report on the proposed changes.

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RBI expected to cut interest rates for first time in nearly five years

CFO News

The Reserve Bank of India (RBI) is expected to cut interest rates for the first time in nearly five years due to easing inflation concerns. A majority of financial institutions believe the new Monetary Policy Committee, under Governor Sanjay Malhotra, will vote to reduce the repo rate by 25 basis points to 6.25%.

Banking 45
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Budget 2025: From startups to aviation and retail to realty, jobs could be made in millions

CFO News

Finance minister Nirmala Sitharaman's budget proposals aim to spur job creation across sectors like manufacturing, tourism, agriculture, and MSMEs. Key initiatives include the National Manufacturing Mission, which is projected to generate 2-3 million new jobs, and a focus on boosting skill development and employment-led growth.

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Building a Business Case for Finance Automation

Speaker: Danny Gassaway and Wayne Richards

Finance leaders are prioritizing efficiency and digital transformation, yet many hesitate to automate due to uncertainty. Without a clear understanding of its impact, organizations risk falling behind competitors who are leveraging automation to drive productivity and cost savings. Join Wayne Richards and Danny Gassaway from AvidXchange for a practical guide on bringing accounts payable (AP) automation to your organization.

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Old tax regime to stay, but why would anyone want it now: CBDT chairman

CFO News

The new income tax law will be easier to understand, free of outdated provisions, and aims to encourage taxpayers to switch to the new regime with significant concessions. Additionally, a new crypto asset reporting provision has been introduced to align with India's international commitments.

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Budget measures on AI, startups, GCCs to spur next phase of growth for India's economy: Tech experts

CFO News

There is no doubt AI has the potential to transform every sector of Indian society, from boardrooms to classrooms, commerce to communities, and finance to farmers.

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Paytm cloud acquires 25% stake in US-based seven technology

CFO News

Paytm Cloud has approved a $1 million investment in Seven Technology. The company will acquire a 25% stake in Seven, the company said in a filing to the exchanges.

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Retrospective GST input tax credit amendment to impact commercial realty

CFO News

The government's retrospective amendment to the Finance Bill 2025 overrides the Supreme Court's ruling from October 2024, disallowing ITC on construction expenses for leased properties. This affects real estate developers by reinstating tax demands and could lead to increased compliance burdens and litigation in the sector.

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Fall In Love With the Month-End Close

It's the time of year to give our close process some TLC. Join us in this one hour webinar where we discuss how to adopt leading practices and infuse technology into the month-end close process to improve our experience and increase our productivity during month-end and quarter-end close. Learning Objectives: This course's objective is to understand how the month-end close can be improved with automation and adoption of leading practices.

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Budget 2025 Decoded: Insights from Leaders at Bajaj Allianz, Yes Bank, CRISIL, Shriram Finance, and Suzuki Motorcycle

CFO News

Krishnan Sitaraman of Crisil Ratings, Tapan Singhel of Bajaj Allianz General Insurance, Indranil Pan of YES Bank, Umesh Revankar of Shriram Finance, Sneha Oberoi of Suzuki Motorcycle, have highlighted the key focus areas of Budget from growth quality, private capex, fiscal prudence, MSME credit, FDI in insurance, and regulatory reforms.

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Cellecor Gadgets collaborates with Flipkart's Jeeves to boost local manufacturing

CFO News

Aligning with the 'Make in India' initiative, Cellecor Gadgets Limited on Sunday collaborated with Jeeves Consumer Services, a part of the Flipkart group to enhance customer satisfaction and service quality.

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JSW Infra promoters plan to sell stake to fund Rs 39,000 crore capex

CFO News

Sajjan Jindal family plans to dilute 14% of its promoter stake in JSW Infrastructure to fund a 39,000-crore capex over the next five years. The company, listed in September 2023, aims to maintain a 70:30 debt-to-equity ratio and utilize internal cash accruals. JSW Infra will look at acquisitions and aims for increased revenue growth and Ebitda margins.

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WeWork India files papers with Sebi for public listing

CFO News

As per the DRHP, Embassy Buildcon plans to sell up to 33.46 million shares, while Ariel Way Tenant, through which WeWork Inc holds stake in the Indian company, is seeking to offer about 10.3 million shares.

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Next-Level Fraud Prevention: Strategies for Today’s Threat Landscape

Speaker: Sierre Lindgren

Fraud is a battle that every organization must face – it’s no longer a question of “if” but “when.” Every organization is a potential target for fraud, and the finance department is often the bullseye. From cleverly disguised emails to fraudulent payment requests, the tactics of cybercriminals are advancing rapidly. Drawing insights from real-world cases and industry expertise, we’ll explore the vulnerabilities in your processes and how to fortify them effectively.

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Dr. Reddy's Laboratories faces ₹184 cr penalty for GST refund issue

CFO News

Dr. Reddys Laboratories Limited has been penalized 184.36 crore as per the CGST Act, 2017 for allegedly receiving an excess refund and not paying GST on the settlement amount. The Company plans to challenge this order by filing an appeal with the appropriate appellate authority.

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GST rules for credit notes tightened to stop leakage

CFO News

A new Budget amendment necessitates suppliers to ensure buyers reverse input tax credits (ITC) before claiming adjustments when issuing a credit note. This change aims to prevent revenue leakage and double tax benefits. The amendment could face legal challenges as it imposes an additional burden on suppliers for the recipient's non-compliance.

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Can tax cuts fuel a consumption boom?

CFO News

Consumption is crucial for the economy amid uncertain exports and low corporate investments. The finance minister introduced significant income-tax cuts while maintaining fiscal consolidation. Although the impact on household consumption is unclear, corporate earnings should compensate. Real wage recovery remains a key challenge.

Finance 40
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23% Indian business implemented AI, 73% to adopt artificial intelligence tech in 2025

CFO News

The Business Technology Report 2024, is highlighted that 60% of surveyed Indian businesses plan to strengthen cybersecurity, outpacing the survey's average of 47%.

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GEP Spend Category Outlook Report 2025

2025 will feel familiar, in some regards. The procurement and supply chain category management landscape will remain turbulent, with geopolitical tensions, worries over fresh tariffs, rising costs, and supply chain disruptions posing significant challenges. But you should also expect some lightning-fast changes in 2025 as artificial intelligence continues to upend the way enterprises and procurement, supply chain, and category management professionals operate.

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Govt plans alternative financing plans for MSME exporters

CFO News

The government is planning to introduce alternate financing models, including export factoring services and trade credit insurance, to support MSME exporters. This initiative aims to provide collateral-free, pre-shipment loans and enhance credit access to revive India's declining goods exports.

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Ambani's Reliance fielding Chinese giant to heat up retail showdown

CFO News

India's fast fashion market faces intensified competition as Reliance Retail collaborates with Shein, reintroducing its fast fashion line, nearly five years after a ban. Shein's return, managed by Reliance, operates under strict regulations to ensure compliance, with data stored locally and security audits mandated by Indian authorities.

Retail 40
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Indian startups raise $240.85 million this week, Bengaluru leads in funding deals

CFO News

Indian Startups Funding: During the week, 30 Indian startups secured a total of $240.85 million in funding including five growth-stage investments and 20 early-stage rounds.

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India grows faster, yet has miles to go to beat China's trillions

CFO News

India is projected to add $383 billion to its GDP in 2025, a significant single-year increase. Despite this growth and a higher growth rate compared to China, India's GDP will still lag far behind China's $1.26 trillion addition due to China's historical double-digit growth rates.

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Cash Flow Secrets Every Upskilled CPA Should Know

Speaker: Debra L. Robinson

CPAs know the drill: taxes, compliance, rinse, repeat. But what about the sneaky cash flow that’s quietly messing with your organization’s success? It’s time to step into the spotlight and expose the “dirty little secrets” of cash flow to fuel strategic growth. By upskilling your accounting practices and shifting focus from tax compliance to the strategic movement of money, you can transform your role from reactive accountant to proactive financial strategist.