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Archives for December 2019
What In the World Is Economic Nexus, and Does it Impact Your Business?
As a business owner, you have likely heard of the term sales tax before. Heck, you might have even heard about sales tax nexus before. But, have you heard of economic nexus? If you have in-person or online sales, it’s time to listen up and learn about economic nexus. Read on to learn what is […]
Hengfeng Bank ex-chairman sentenced to death with two-year reprieve
BEIJING (Reuters) – The former chairman of China’s troubled Hengfeng Bank was sentenced to death with a two-year reprieve, a local court said on Thursday. Jiang Xiyun was convicted of corruption, receiving bribes, illegally issuing financial notes, and illegally destroying accounting vouchers and accounting books, according to the Yantai Intermediate People’s Court. The court verdict […]
Deep Tech in 2020: How different will be the paradigm
Pushing multi-device control to our palms is what the Internet of Things (IoT) promised but has never been restricted to. Ever since we have praised it to the skies, the technology’s propelling reach to our lifestyles has been a fascinating endeavour, says Yash Mehta, an IoT and Big Data Science specialist. Not only has it […]
11 Tax Free Components You Must have in Salary
Your salary consists of lot of components, some of them are fully taxable, and some are partially taxable while remaining is tax free and hence Salary structure become very important. Here is a list of 11 components in your salary that is tax free. In case you have it in your pay slip, great – […]
WeWork India leases office space in Goregaon
New York-headquartered collaborative workspace major WeWork’s India arm has picked up nearly 2.3 lakh sq ft office space at Nesco IT Park in Goregaon suburb of Mumbai on a long-term lease, several persons with direct knowledge of the development, said. The company has leased eight floors and the total tenure of the deal is 10 […]
Bar set high for insurance sandbox play
Rejections await many of the 150-odd insurance and fintech applicants that are keen to participate in the sandbox project of India’s insurance regulator, regional precedents show. In Singapore, the rejection rate for the regulatory sandbox project was as high as 90%, and the Insurance Regulatory and Development Authority of India (Irdai) may have a similar […]
Ecommerce companies, startups step up campus hiring
Ecommerce companies and startups are stepping up hiring by 50-100% from India’s leading engineering colleges and B-schools this placement season as they seek candidates who are quick to learn new-age tech skills such as Big Data and Internet of Things and adapt to fast-paced business environments. Udaan, Droom, Flipkart, Amazon, Toppr, Testbook and NoBroker are […]
After France, Italy approves digital tax on tech giants
Following the footsteps of France, Italy has approved a new tax to be levied on large tech companies, a move that is likely to put more strains on the country’s relations with the United States. Passed this week by Italy’s Parliament, the new tax will come into force on January 1, the Wall Street Journal […]
CSCs to offer free Wifi till March 2020
Common service centres will give internet free to individuals and institutions through BharatNet — a countrywide optical fibre network — till March next year, Union minister for electronics and IT, Ravi Shankar Prasad, said on Wednesday. “We have already connected 1.3 lakh gram panchayats through BharatNet…Our target is to take this to 2.5 lakh panchayats. […]