GST only on mark-up in case of issue of ESOPs to employees of Indian subsidiaries

CBIC circulars clarify GST implications for foreign holding companies charging additional fees for Employee Stock Options. MNCs need precise documentation with parent/affiliate companies to avoid GST obligations. Reimbursements on a cost-to-cost basis exempt from GST. Services imported trigger GST under reverse charge. Domestic companies must understand and fulfill their GST payment responsibilities.

Exempt varsities from IPPIS, fulfill agreements, ASUU tells FG

eduwheel.com.ng - 25/Jun 19:16

The Academic Staff Union of Universities has urged the Federal Government to fulfil its promise to remove its members from …

The Essential Role of a Lease Administrator in Modern Businesses

theknowledgereview.com - 28/Jun 13:16

In commercial real estate, a lease administrator plays a pivotal role in managing and maintaining the various aspects of lease agreements. This...

Crude Prices to Determine Cost of Dangote Petrol, Say Industry Leaders

naija247news.com - 03/Jul 00:30

As Premium Motor Spirit (PMS), also known as petrol, from the Dangote Petrochemical Refinery enters the Nigerian market in two to three weeks,...

Industrial Magistrates Court rules in favour of union over underpaid City of Stirling employee

thewest.com.au - 03/Jul 18:00

The Industrial Magistrates Court has found the City of Stirling underpaid an employee, with a union labelling the decision as having ‘monster...

Deloitte auditors suspended for failure to fulfill responsibilities in SCB scandal

vietnamnews.vn - 04/Jul 10:42

Several auditors at auditing firm Deloitte Vietnam have been suspended by the State Securities Commission for dereliction of duty in the Saigon...

British Airways owner IAG warns airfares must rise to fund carbon cuts

the irish times - 04/Jul 07:27

Company’s chief Luis Gallego expects cost implications of switch to cleaner fuel to hit passenger demand

PhilHealth taps A.I. platform to speed up reimbursements

businessmirror.com.ph - 24/Jun 16:08

WITH the delays in health insurance claims of health facilities in the Philippines, state-run health insurer Philippine Health Insurance Corporation...

Plant clinic established in Moga

hindustantimes.com - 06/Jul 18:13

A machine worth ₹1 crore has been imported from the USA for soil testing. The soil and plant testing facility will be provided free of cost to the...

‘Deeply concerning’: ANZ sanctioned for charging fees to accounts of dead customers

smh.com.au - 02/Jul 01:08

The banking watchdog has named and shamed ANZ, saying the bank breached its code obligations by failing to stop or refund fees charged to estates of...

Taliban’s Broken Promises – OpEd

eurasiareview.com - 27/Jun 16:13

Recently, Pakistan's Ambassador to the United Nations, Munir Akram, conveyed a stark message to the UN Security Council: the Taliban government in...

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