Courts ruled that interest paid on loans to associated companies is deductible if commercially expedient and used for business purposes. Lower interest rates compared to borrowed funds do not warrant ...

The newly released audited accounts of the Bank of Mauritius (BoM) reveal an impairment loss of Rs 5.4 billion relating to its subsidiary, the Mauritius Investment Corporation (MIC). The financial ...

The Tribunal ruled that duty drawback income recognized on cash receipt basis cannot be taxed on accrual, as consistent accounting practice caused no revenue ...

External affairs minister S Jaishankar on Saturday offered a candid assessment of the shifting global landscape, asserting that the world has entered a phase where political calculations routinely ...

In simple terms, Mallah argues that by removing his initial investment through refinancing, his personal capital in the ...

This article adheres to strict editorial standards. Some or all links may be monetized. Real estate has long been known for generating significant returns, helping investors build wealth steadily over ...

Explore the intricacies of crafting a small business financial plan, from setting clear objectives and forecasting revenue to ...

The other week, I had come to drop something off at my father’s workplace and drove a couple of blocks away after leaving when I realized I had forgotten my phone. I returned and got my phone only to ...

One day it’s January, and the next it’s already December—and the stack of invoices and inventory logs you meant to keep up ...

India’s benchmark indices extended losses for the fourth straight session on Wednesday, weighed down by delays in the US trade deal and a record-low rupee. Sensex closed at 85,106.81, slipping 31.46 ...

Jennifer Simonson is a business journalist with a decade of experience covering entrepreneurship and small business. Drawing on her background as a founder of multiple startups, she writes for Forbes ...