Tag Archives: 1.5

Fortnite iOS Launch Revenue Exceeds $1.5 Million in First 4 Days

In a little less than a week, third-person battle royale shooter Fortnite has skyrocketed to the top of the charts on the App Store in more than 40 countries. This is no mean feat considering that the game is invite only at the moment. What’s more is, it’s managed to earn over $1.5 million (around Rs. 9.7 crore) worldwide in its first four days. In ... Read More »

Snapdeal Says Invested $300 Million in deliver Chain, Logistics in last 1.5 Years

E-commerce fundamental Snapdeal has pumped in $three hundred million (about Rs. 1,990 crores) over the last 18 months to reinforce its supply chain and logistics and facilitate the growth in shipment volumes. The city-based totally company has visible 1.9 instances growth in cargo volumes from 1.29 lakh every day shipments remaining year to 2.5 lakh this 12 months. “we’ve got ... Read More »

Employer’s Contribution to PF Above Rs 1.5 Lakh To Be Taxed

While the Budget proposal to tax Employee Provident Fund (EPF) withdrawal has stumped the salaried class, two other announcements in the Budget have not attracted much attention so far. The Budget proposes to cap the annual employer contribution to EPF at Rs. 1.5 lakh per year. Currently, there is no monetary limit on the employer contribution under EPF, with only ... Read More »