Former Russian banking billionaire says an Instagram post cost him $9 billion: His company was sold for 3% of its value in 'hostage' situation

"I couldn’t negotiate the price. I was like a hostage," Oleg Tinkov told The New York Times in 2022. More details are now ...
Tax Guru

Tax on international payments as per Income-tax Act, 1961

Explains why TCS under section 206C(1G) applies to overseas remittances and tour packages. The key takeaway is that TCS is a reporting mechanism, adjustable or refundable, not a final tax ...

Coforge-Encora deal: Will India’s largest IT acquisition reward investors?

The $2.35 billion all-stock deal could lift Coforge’s FY27 revenue by 28% and expand its North American presence, but high ...