The company’s marketing strategy includes use of influencers to tout its products online. It cites relying on them as a risk that “may materially and adversely affect our reputation or subject us to fines or other penalties”. Bloomberg | January 13, 2020, 15:47 IST
Archives for January 2020
Mattress startup files for IPO as losses grow
The company’s marketing strategy includes use of influencers to tout its products online. It cites relying on them as a risk that “may materially and adversely affect our reputation or subject us to fines or other penalties”. Bloomberg | January 13, 2020, 15:47 IST
Amazon’s Bengaluru office to expand, dwarf Hyderabad
E-commerce behemoth Amazon is set to lease a huge office space as part of its massive expansion plan of Bengaluru operations, dwarfing its presence in Hyderabad. Amazon is scouting for land parcels of about 2 million sqft in North Bengaluru with potential to double it in the future, people familiar with the matter said. It […]
Amazon’s Bengaluru office to expand, dwarf Hyderabad
E-commerce behemoth Amazon is set to lease a huge office space as part of its massive expansion plan of Bengaluru operations, dwarfing its presence in Hyderabad. Amazon is scouting for land parcels of about 2 million sqft in North Bengaluru with potential to double it in the future, people familiar with the matter said. It […]
Xero Tips for More Efficiency
Have you seen the Xero adverts on TV or heard them on the radio? Xero accounting software has become extremely popular and now has more than 2 million subscribers around the world. Perhaps you are already a Xero user but feel that you are not using it as well as you might? I have been […]
Video KYC (V-CIP) – How Video KYC Work?
Video KYC (V-CIP) is a video-based KYC facility. RBI has amended Know Your Customer (KYC) norms for banks and other financial institutions. As per new norms (released in Jan 2020) Digital KYC (Video-based e-KYC) is allowed. Now, you need not visit the bank personally for KYC. A remote video customer identification process (V-CIP) will help […]
Encourage “Paycheck Checkups”
It happened this past April 2019. Many Americans experienced an unpleasant surprise after filing their 2018 federal income taxes. Expecting a refund just as they had for years, many were upset to learn that they owed the IRS. The cause? The impact of the new paycheck withholding formulas created by the 2017 Tax Cuts and […]
New Income Tax Return Forms (ITR) – AY 2020-21 – Changes
New Income Tax Return forms ITR1 – SAHAJ, and ITR4 – Sugam for AY 2020-21 (FY 2019-20) is notified by the income tax department. The new ITR forms are currently available on the Income Tax website in PDF format. The Java-based tax preparation utility is not yet released. This time the income tax department has […]
Confronting tariffs: Trade war tips for CPAs
As the disruptive and uncertain trade environment continues its dominance on the corporate boardroom agenda, CPAs at multinational companies are increasingly tasked with assessing its impact on their organizations and developing strategies for mitigating its potential negative effects. Although there are plans for the United States and China to sign the first phase of a […]
How much is your franchise actually worth: Balance sheet versus income statement
To understand how well your small business is doing, you need to know both how it’s doing on a particular time frame (e.g., every month and quarter) as well as how it’s doing overall (how much it is actually worth). If you’ve ever thought of selling your franchise, this really matters. Getting a holistic picture […]