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Tuesday, January 27, 2026
TopicPWC

Topic: PWC

At 6.11%, India’s direct tax-to-GDP ratio in FY23 highest in 15 years, cost of collection down

Data released by Central Board of Direct Taxes shows India’s direct tax collections have been rising strongly over the past decade, as has number of those filing returns and actually paying tax.

‘57% of all frauds’ in India happen online, ‘26% of Indian organisations lost over $1 million’ to such scams

Report by Pricewaterhouse Coopers focuses on 'platform fraud', which happens via an online platform, and is the biggest source of fraud suffered by Indian companies.

Why India’s Unicorn population hit a peak & dropped off in 2022

An October report says number of unicorn start-ups fell from 105 to 84. Inflated valuations, rise in M&As & fresh IPOs next year can result in even more of them losing tag of unicorn.

40% of Indian firms lost $50k-$100k to fraud, economic crime during peak Covid, says PwC report

Silver lining is that there’s decline in fraud due to prevention measures taken up by managements, finds survey. As many as 112 Indian companies were part of global survey.

Talk Point: Is SEBI’s ban on PwC over the Satyam scandal well deserved or too little too late?

On Wednesday, SEBI banned PwC and all its audit firms from auditing any listed company in India for two years, after finding it guilty in the Satyam scam.

On Camera

India-Pakistan ready for lehenga diplomacy. Maryam Sharif has made the first move

Sometimes, we end up embroidering the truth as we overthink and overanalyse a fastidious lady’s personal wardrobe preferences for significant occasions.

India & EU announce “mother of all trade deals”. This is why it matters

Two sides also announce signing of a Security & Defence Partnership, launch negotiations for an intelligence sharing agreement & explore India’s addition to Horizon Europe programme.

From action near Myanmar to hand-to-hand combat in Kishtwar, meet this year’s gallantry award winners

Overall, President Droupadi Murmu has approved Gallantry awards to 70 armed forces personnel, including six posthumous, on the eve of 77th Republic Day.

Non-alignment is coming back in a new avatar: Trump-peedit alliance

No nation other than China can negotiate one-on-one with Trump on an equal footing. That’s why the middle powers who so far formed the core of multilateral bodies now feel orphaned.