CFO Insight Weekly | Must-Read Stories | ETCFO
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Welcome to "CFO Insight Weekly," your premier source for the latest developments in finance and corporate strategy. Each week, we provide top stories, expert analyses, and emerging trends that are crucial for CFOs and finance leaders. Our carefully curated updates will ensure you remain informed and well-prepared to navigate the complexities of today’s financial environment. Below, you will find a selection of top stories to commence your weekend with valuable insights.
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Amid concerns from the Institute of Chartered Accountants of India about potential audit concentration among large firms, the NFRA proposes significant revisions to SA 600 to address audit deficiencies and enhance oversight.
"My broad sense is that the government is still operating with a 20th-century mindset," said Subhash Chandra Garg.
According to various surveys by legal firms and consultancy firms, broadly, 70-80 percent of businesses prefer the arbitration process for dispute resolutions. CFOs, in-house councils and the management also vote for arbitration for resolution.
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Online gaming has emerged as the biggest contributor to tax evasion, with Rs 81,875 crore uncovered in 78 cases followed by BFSI with Rs 18,961 crore detected across 171 cases.
Anurag Mantri, CFO of Jindal Stainless, forecasts strong growth for Indian corporates, emphasizing high-quality exports, inclusive financial strategies, and robust ESG practices to drive future economic success.
BVR Subrahmanyam, CEO of NITI Aayog, envisions a transformative economic future for India, projecting a doubling of the economy by 2030 and highlighting its potential as a global powerhouse.
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