Tag Archives: Scare

Job scare continues to haunt urban Indians; people still optimistic about India’s progress

Other than unemployment, Indians are worried about financial and political corruption, crime and violence, poverty and social inequality and climate change. While job concern is the top pain point for urban Indians, the people still remain hopeful about the country’s progression and are the most optimistic of the global lot. “At least 46% of urban Indians polled are most worried ... Read More »

Income Tax Scare For Startups For Issuing Preference Shares At A Premium Over Fair Market Value; Tax Experts Also Under Scanner For Valuation Of Startups

In a tax scare for startups, the Income Tax department has sent notices to startups and unlisted subsidiaries of some major Indian companies and multinationals for raising funds through preference shares in excess of what it considers the fair market value. The department has sent notices to about 200 entities under Section 56(2)(vii)(b) of the Income Tax Act, 1961, in ... Read More »

Zika Scare Prompts Philippines To Advise Women To Postpone Pregnancy

The Philippines, sole reported case of Zika was in 2012 and involved a teenage boy in Cebu island in central Philippines. (Reuters File Photo) MANILA:  A minister in the Philippines has urged women to delay pregnancy until more is known about the mosquito-borne Zika virus raging in Latin America, even though the Asian country’s only reported case of zika was ... Read More »