Project lending dips as RBI note raises fear of higher provisioning
RBI's draft guidelines on project finance impact lenders' bottomlines, leading to decreased project sanctions and potential ...
Tax Guru7d
Reimbursement of expense at cost not taxable as Fees for Technical Services
ITAT Mumbai held that that reimbursement of expenses at cost is not taxable as fees for technical services since there is no element of income attached to the transaction. Accordingly, revenue’s ...
Payments processor FIS forecasts quarterly profit below estimates, shares drop
Banking and payments processing firm Fidelity National Information Services on Tuesday forecast first-quarter adjusted profit below Wall Street estimates, sending its shares down 12.34% in ...