ITR Filing: What should be the 'relevant accounting period' for reporting of foreign assets in …

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ITR Filing: What should be the 'relevant accounting period' for reporting of foreign assets in …

The term 'Accounting Period' is not defined under the Income-Tax Act, 1961. However, CBDT's instructions provide the meaning of the term accounting
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FOREX-Dollar gains further on worries ECB grew uncomfortable with euro rise

… * Greenback rises to one-week high vs euro. * Exception is Japanese yen, last flat vs dollar. * Euro zone PMIs expected to be confirmed at 51.6. * Graphic: World FX rates in 2020 tmsnrt.rs/2RBWI5E (Updates prices, adds chart, comment and latest euro zone …
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UPDATE 1-Monte dei Paschi issues 300 mln euro Tier 2 bond

(updates with new bond terms). MILAN, Sept 3 (Reuters) – Monte dei Paschi issued on Thursday a 300 million euros ($354 million) ‘Tier 2’ bond, a key part of plans by Italy’s Treasury to prepare its exit from the bailed-out bank. The sale of the bond, which …
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Macy's Has Some Digital Spark And A Lot Of Work Ahead

The second quarter report for Macy’s sounded good as the company claimed that sales for Macy’s, Bloomingdale’s, and BlueMercury were all stronger than anticipated. Sales dropped 61%. The company saw internet sales that topped out in June at +50% …
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DP World, Canada Fund to Invest $4.5 Billion in Global Ports

DUBAI, United Arab Emirates (AP) — International port operator DP World reached a deal Thursday with one of Canada’s biggest pension-fund managers to pour an additional $4.5 billion into their joint venture of ports and terminals. The new capital signals a …
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