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Business

Awareness drive for AY 2024-25 launched by CBDT

Compliance with Schedule FA and FSI is mandatory under the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015, which requires the full disclosure of foreign assets and income.

Kia union approves tentative 2022 wage deal amid chip shortage

Kia's 30,000-strong union tentatively accepted the company's proposals, including a 98,000 won (US$68) increase in basic monthly pay, three months of performance-based pay, 5.5 million won in cash, 250,000 won in a gift certificate per person and 49 Kia stocks, the company said in a statement.