Friday, Aug 14 2020 | Time 08:32 Hrs(IST)
image
  • 2 in 5 schools around world lacked basic handwashing facilities prior to COVID-19 pandemic: UNICEF, WHO
  • US Seizes Iranian Fuel Shipments for First Time - Reports
  • Minister launches portal
  • Minister stresses on filth-free urban areas
  • Father-son duo charred to death as MSRTC bus-van collide, catch fire in Palghar
  • Mother India idol in MP capital
  • MP CM’s condolences
  • Covid-19 cases in Nashik cross 22K
  • Janmashtami at CM House
  • 1,226 new corona +ve cases added in Thane
  • Aurangabad registers 335 fresh cases, tally nears 18k
  • Rain lashes Nashik
  • Jammu Crime Branch arrests fugitive in fraud, murder case
  • Man held following exchange of fire in Rohini
Business Economy


Zeta launches 3 digital tax optimiser solutions

Bengaluru, Sep 29 (UNI) Leading tax optimser solution provider Zeta
today announced the introduction of three new digital tax optimiser
solutions taking the total offerings from its stable to eight.
Company CEO and co-founder Bhavin Turakhia, a serial tech
entrepreneur of the Directi Group, told newsmen here that Zeta would
invest 25 million USD next year to ramp up its sales and marketing
team.
He said the new solutions, fuel and travel, communications and
books and periodicals, utilising tax compliant benefits could enable
an employee save up to Rs.80,000 per year.
The company already over 300 institutions in its fold covering a
potential 70,000 employees and this number would touch one million
by April next year.
Mr Turakhia said ''all out efforts have been concentrated on
offering a tech facelift to employee tax benefits. Fuel allowances,
mobile bill and books and periodicals reimbursements are probably a
few of the most process plagued benefits''. The solutions offered by
Zeta would make this space more convenient by making it 100 per cent
Zetra's cloud based solution enabled companies to send grants to
employees instantly via a digital dashboard. Employees in turn could
spend it using a MasterCard powered physical super card, a NFC
enabled sticker. Currently Zeta served 35,000 users across the
country.
The company with a group valuation of USD 1.4 billion had over
employees 300 employees.
Mr Turakhia said that there was as many as 51 allowances and
perquisites that provided tax saving benefits in India and Zeta
would cover a maximum of them to serve nearly 2.7 million salaried
people in the country.
UNI CNR RS CS 1546
More News

AGC Networks completes the Acquisition of Pyrios

14 Aug 2020 | 8:24 AM

DALLAS, PITTSBURGH, MUMBAI, India and AUCKLAND, New Zealand, Aug 14, 2020 /PRNewswire/ - AGC Networks Limited, (BSE: 500463) (NSE: AGCNET), a Global Solutions Integrator and an Essar enterprise, today announced that it has completed the acquisition of Pyrios Pty Limited (Australia) and Pyrios Limited (New Zealand) through its indirect subsidiary - Black Box Networks Services Australia Pty Ltd and Black Box Networks Services New Zealand Ltd respectively. Pyrios is an expert in communication technology delivering customer engagement and workplace collaboration solutions.

see more..

COVID impact: Pitti Engineering Q1 net loss by Rs 9 78 cr

14 Aug 2020 | 12:21 AM

Hyderabad, Aug 13 (UNI) Pitti Engineering Ltd (formerly Pitti Lamination Limited), a leading Engineering Company's net loss by Rs 9.78 crore in Q1 June 30,2020 against corresponding period in previous year.

see more..

Kaveri seeds Q1 PAT up by 28 62 pc

14 Aug 2020 | 12:20 AM

Hyderabad, Aug 13 (UNI) Kaveri Seeds Company Ltd (KSCL) on Thursday announced that its profit after tax(PAT) up by 28.62 per cent to Rs 295.28 crore in the first quarter ended June 30,2020 against Rs 229.57 crore in the corresponding period in the previous year.

see more..

Shriram Transport Finance Company Q1 consolidated net profit falls by 49 92 pc

14 Aug 2020 | 12:11 AM

Mumbai, Aug 13 (UNI) Shriram Transport Finance Company has reported a decline of 49.92 per cent in its consolidated net profit for the quarter ended June 30,202. at Rs 319.25 crore, as against net profit of Rs 637.44 crore for the quarter ended June 30, 2019.

see more..

INOX Group signs sponsorship agreement to support Team India at Olympic Games Tokyo 2020

14 Aug 2020 | 12:09 AM

Mumbai, Aug 13 (UNI) The Indian Olympic Association (IOA), governing body for the Olympic Movement in India and INOX Group, a globally acclaimed Indian conglomerate with diverse business interests, on Thursday announced a new partnership.

see more..
image