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Friday, May 1, 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’s workforce is stuck in low productivity. Here’s what must change

India’s workforce continues to exhibit disproportionate concentration in agriculture and self-employment, and limited expansion in salaried work.

Adani’s giant copper plant hits technical setbacks in first year

The 500,000 tonne-per-year plant produced just 94,000 tonnes of refined copper from April 2025 to February this year.

76 yrs on, exhibition on Korean War brings to life independent India’s 1st overseas military deployment

'Guardians of Neutrality: India's Korean Mission', organised in Delhi, brought out unknown and forgotten aspects of the war.

Trump, Netanyahu’s Iran gamble: The regime change rebound

American objectives are unmet. They neither have muscle nor motivation to resume the war. As for Iran, the regime didn’t just survive, it’s now led by more radical individuals.