Budget 2022: Finance Ministry to clarify doubts on applicability of TDS on perks received in business, profession; new rule effective from 1 July

George T. Taft

The Indian Ministry of Finance will make clear doubts on the applicability of new tax deducted at supply (TDS) provision regarding added benefits or perquisites received in a company or career, a PTI report stated on Wednesday quoting a senior tax formal. Joint Secretary in the finance ministry Kamlesh C […]

Arcos Dorados Reports First Quarter 2022 Financial Results

George T. Taft

MONTEVIDEO, Uruguay–(BUSINESS WIRE)–Arcos Dorados Holdings, Inc. (NYSE: ARCO) (“Arcos Dorados” or the “Company”), Latin America’s largest restaurant chain and the world’s largest independent McDonald’s franchisee, today reported unaudited financial results for the three months ended March 31, 2022. First Quarter 2022 Highlights – Excluding Venezuela Systemwide comparable sales² increased 42.0% […]