Category: Finance

Michael H. Karu, CPA/CFF, Senior Member, Levine, Jacobs & Company, LLC., was highlighted on NJ.com for providing clarity on the impact of one’s residency status affects state and federal taxes regarding their 401(k). In the article, Karu discussed if a New Jersey couple retires and moves to Florida, would they have to pay taxes on their 401(k) and should taxes be filed separately to prevent ‘IRS red flags’. Karu stated, “Withdrawals from a 401(k) will be federally taxable regardless of what state you live in. But there is a caveat in the law that allows for spouses residing in separate ... Read more

WATI (WhatsApp Team Inbox), a customer and sales engagement tool is today announcing a $23M series B funding, led by Tiger Global with participation from existing investors Sequoia Capital India & Southeast Asia, as well as new investors DST Global Partners and Shopify. This marks Shopify’s first venture investment in a startup operating in the Southeast Asia region. The series B comes hot on the heels of an $8.3M series A round 10 months ago; in total, WATI has raised over $35M since 2020. WATI plans to use the Series B funds to scale the teams, product enhancement, and expand the ... Read more

PaySprint, a Leading Fintech Venture Focussed on Next Gen Digital Banking Wins the “Best Fintech Start-up” Award at the FinTech India Innovation Awards 2022 PaySprint is pioneering strong partnerships with the banking ecosystem to provide Unified Open API Platform that would transform how Bharat transacts FinTech India Innovation Awards Celebrates Outstanding FinTech Technologies, Products and Companies in India PaySprint, a Fintech venture focussed on Next Gen Digital Banking Solutions, offering a Unified Open API Platform, today announced that it has been named as the winner of the “Best Fintech Start-up“ award in the annual FinTech India Innovation Awards 2022. The ... Read more

Aviva Life Insurance has been ranked as the India’s Most Trusted Private Life Insurance brand for the fourth time consecutively, according to the 11th edition of TRA’s Brand Trust Report, India Study 2022. Additionally, the company has been ranked eighth in the overall BFSI sector and 68th in a list of 1000 brands across sectors.   Commenting on the recognition, Mr. Vinit Kapahi, Head of Marketing, Aviva Life Insurance, said, “We are pleased to have won the Most Trusted Private Life Insurance Brand of the Year Award for the fourth time in a row. It is the continued belief of ... Read more

MAIT congratulates the Hon’ble Finance Minister for presenting a progressive investment-oriented budget. MAIT congratulates the Hon’ble Finance Minister for the third successive year of emphasis on technology-led growth. This Digital transformation is silently and surely taking India to another orbit of economic efficiency. Key takeaways for the Electronic Industry-  Use of Technology and Digitization will lead to demand for Electronic Products and Technology Solutions. Emphasis on Ease of Doing Business and Agile Policymaking – with a trust-based policy approach. A key enabler for the Fast-moving Electronics Hardware industry. Kick-off of PMP for Hearables, Wearables & Smart meters a continuation of ... Read more

CP Gurnani, MD & CEO, Tech Mahindra, said, “The budget truly echoes India’s vision towards inclusive development and building a truly ‘Atmanirbhar Bharat’ by providing a blueprint for the economy over ‘Amrit Kal’ from India at 75 to India at 100. FM’s key announcements on blockchain and setting up e-passports with futuristic technologies are a step in the right direction to help India emerge as a global technology leader. The focus on innovation and R&D (Research and Development) with an emphasis on strengthening talent capacity through STEM (Science, Technology, Engineering, Mathematics) universities and skilling courses in IIT’s will enable India ... Read more