Finance Minister Sitharaman summons Infosys CEO as income tax portal goes dark : The Tribune India

Tribune News Service

New Delhi, August 22

With the income tax portal going dark on Saturday, the Ministry of Finance has summoned Infosys CEO Salil Parekh on Monday to explain to Finance Minister Nirmala Sitharaman why even after two and a half months since its launch, the glitches in the new portal have not been resolved, stated an official news release.

The new income tax e-filing portal “www.incometax.gov.in”, developed by Infosys, had a bumpy start from the day of its launch on June 7, as it continued to face tech glitches with users complaining that certain functionalities were either unavailable

Read more

Deloitte Not Ready to Practice Law in U.S., Tax Unit Chief Says

Deloitte is downplaying the possibility of using state changes in legal service ownership rules to more aggressively compete against Big Law in the U.S.

“We are monitoring these developments,” said Steve Kimble, U.S-based CEO of Deloitte Tax, in a recent interview. “At this point in time, though, we just don’t believe it’s practical to enter the practice of law.”

The comments dampen speculation by industry observers that ownership changes states are adopting will entice Deloitte and others in the Big Four—KPMG, PwC, and EY—to tap into the largest global legal market they’ve up until now been forbidden from entering.

Arizona,

Read more