Business

MNCs below I-T lens over Esops to employees

Multinationals that allotted employee stock options (esops) to their India employees have come under the taxman’s lens for tax applicability on these transactions. The tax department is questioning the Indian arms of multinationals on withholding tax when they make such payments to their parents. In most cases…

Published

2 years ago

May 31, 2022

Shrishti

MNCs below I-T lens over Esops to employees

Multinationals that allotted employee inventory alternate ideas (esops) to their India employees beget come below the taxman’s lens for tax applicability on these transactions. The tax division is questioning the Indian hands of multinationals on withholding tax after they assemble such payments to their fogeys. Most incessantly…
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Business

Main person cos to proceed capex

Several leading consumer facing companies including Hindustan Unilever, Britannia, Voltas, Havells, Blue Star and Titan Company are going to continue their high capital expenditure (capex) and expansion this fiscal as that in FY23, senior executives told ET and analysts in recent earning calls.Much of the capex is ear-marked for new factories…

Published

1 year ago

May 16, 2023

Shrishti

A lot of main person facing companies together with Hindustan Unilever, Britannia, Voltas, Havells, Blue Smartly-known person and Titan Company are going to proceed their excessive capital expenditure (capex) and growth this fiscal as that in FY23, senior executives informed ET and analysts in contemporary incomes calls.Much of the capex is ear-marked for ticket spanking contemporary factories…
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