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Put Brexit transition planning on the radar, ICAEW warns 17 December 2020: A light touch approach as businesses adjust to new rules and a beefing up of support for SMEs are among a list of requirements submitted to the BEIS Committee session on Brexit Preparedness by ICAEW this week. Responding to the committee’s call for evidence, ICAEW warns that Brexit preparedness isn’t on the radar for many businesses as they deal with more pressing business concerns thrust upon them by the pandemic. ICAEW says certainty from a deal is needed at the earliest opportunity, ...

I-T Department unearths Rs 700 crore concealed income in Tamil Nadu Picture for representation Chennai: In yet another major crackdown, the Income Tax Department has unearthed evidence of concealment of income to the tune of Rs 700 crore during searches conducted on a Chennai-based industrial group. “A large number of lockers belonging to the group have been identified, which will be operated in due course. As of now, the Department has succeeded in detecting evasion of income of over Rs. 700 crore,” Surabhi Ahluwalia, Commissioner of Income Tax (Media and Technical Policy) said on...

Daher's Nicolas Chabbert Will Serve As Chair Of The Board GAMA has updated its Executive Committee leadership team for 2021. The Executive Committee is comprised of members of GAMA's Board of Directors, who provide strategic leadership for the association and lead its policy committees. Nicolas Chabbert, Senior Vice President of Daher's Aircraft division and CEO of Daher Aircraft and Kodiak Aircraft, will serve as Chair of the Board. Previously, Chabbert has served as Vice Chair and chair of the Safety Affairs & Accident Investigation Committee. Michael Amalfitano, President and CEO at Embrae...