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Companies ramp up background checks on C-suite

Indian companies discreetly monitor CEOs and key personnel through ongoing background screening, focusing on governance, fraud risk, legal liabilities, and regulatory compliance, with costs ranging from ₹1.5-7 lakh.

SAM picks up CAM capital markets partner in Mumbai | Asian Legal Business

Indian law firm Shardul Amarchand Mangaldas & Co has hired a second capital markets partner in 2024 with the addition of partner Rohit Tiwari from rival Cyril Amarchand Mangaldas in Mumbai.

W-Power 2024: Celebrating Self-made Women

W-Power 2024: Celebrating Self-made Women
forbesindia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from forbesindia.com Daily Mail and Mail on Sunday newspapers.

HSBC Bank balance can t be taxed, says I-T tribunal

In a decision that could have a bearing on other `HSBC account cases, a tax tribunal last week has ruled that the I-T department cannot go back 16 years to reopen old matters to tax the ‘peak balance lying in such bank accounts. Why? Because, according to the Mumbai bench of the Income Tax Appellate Tribunal - a quasi judicial authority - a bank balance reflects assets and not ‘income, and, under the law, only income can be taxed.

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