Wednesday, May 23 2018 | Time 16:33 Hrs(IST)
image image
  • IGP Pani orders probe in Srinagar hotel incident, Maj Gogoi questioned
  • Cabinet approves MoU between India and Denmark on food safety cooperation
  • Cabinet approves waiver of Penal Interest on Govt loans to PPT
  • Cabinet approves MoU signed with France, Morocco in field of Renewable Energy
  • CCEA nod for waiver of penal interest on govt loan to VPT
  • Himachali Surgeon Vivek Bindal treats kid with 'Robot' in 1st ever Robotic surgery in India
  • Sonia says sorry to newly elected Congress Legislators for keeping them in Hotel
  • Lebanon parliament elects Hezbollah ally Ferzli deputy speaker -Reuters count
  • Cabinet approves restructuring of balance sheet of Scooters India Ltd
  • Gun rights, reform groups to meet Texas governor after school shooting
  • Army Major at centre of Srinagar youth parading row in another controversy
  • Norwester affects normal life
  • Cabinet approves MoU between India and Turkey on trade in poppy
  • Total 39-lakh net new jobs created between Sep’17 and Mar’18
  • Lalu Prasad in Mumbai for treatment
Business Economy Share

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
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
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.
More News

Indo-Dutch startup initiative launch on May 25

23 May 2018 | 4:26 PM

New Delhi, May 23 (UNI) India and the Netherlands will jointly launch the Indo-Dutch startup Link initiative on May 25 at Bengaluru.

 Sharesee more..
Hike in petro, diesel prices continues for 10th consecutive day

Hike in petro, diesel prices continues for 10th consecutive day

23 May 2018 | 4:16 PM

New Delhi, May 23 (UNI) The hike in petrol and diesel prices continued for the 10th consecutive day on Wednesday amidst reports that the government was mulling steps to check it.

 Sharesee more..

23 May 2018 | 4:08 PM

India with a conservative 48-50 crore stock, of which adjusting for 45 per cent of agriculture, the stock in manufacturing and services comes to 26.

 Sharesee more..
NITI Aayog, ABB join hands to make India AI-ready

NITI Aayog, ABB join hands to make India AI-ready

23 May 2018 | 4:07 PM

New Delhi, May 23 (UNI) NITI Aayog and ABB India have signed a Statement of Intent (SoI) to support the vision of “Make in India” through advanced manufacturing technologies that incorporate the latest developments in robotics and artificial intelligence.

 Sharesee more..

High ATF prices & fleet expansion to delay recovery in credit metrics of Airlines

23 May 2018 | 4:06 PM

New Delhi, May 23 (UNI) The gradual strengthening of global crude prices, along with the ongoing fleet expansion by domestic airline operators, is likely to put pressure on the airline industry’s debt protection metrics over FY19-FY20, says India Ratings and Research (Ind-Ra).

 Sharesee more..