• Mon, December 30, 2024

by: cnbctv18

Brain meets Bot: How AI is elevating tax expertise

Instead of just correcting errors, Tax Gen AI systems provide feedback that prompts users to reflect on their mistakes and understand the underlying principles, notes EY's Tax Partner Manoj Rathi

by: Bustle

Your Bank Account This Week, According To A Tarot Reader

Tarot reader Nina Kahn offers insights about money and work for the week of December 30, 2024 - January 5, 2025

by: RepublicWorld

From Ratan Tata to Zakir Hussain to Manmohan Singh: The Legends We Lost in 2024

Ratan Tata, Liam Payne, Alexei Navalny, OJ Simpson, Maggie Smith, Rohit Bal, Quincy Jones, Zakir Hussain, and Manmohan Singh. Their contributions to business, music, politics, fashion, and entertainment will inspire future generations.

by: Vanguard

Top 5 youngest billionaires in Africa

Africa is home to some youngest billionaires who have done very well in areas like technology, manufacturing, and real estate

by: Kiplinger

Stocks and Funds for the Infrastructure Building Boom

The index fund boasts a robust, 22.1% annualized return over the past five years - the top return of all infrastructure funds. Trane Technologies ( TT ), Parker Hannifin ( PH) and Eaton are the fund's top holdings. It charges a 0.47% expense ratio.

by: Indiatimes

Enterprise Risk Management (ERM) in 2025 and beyond

Business enterprises must operate and adopt fitting ERM strategies amid the evolving risk environment to grow, thrive, and compete with peers. Risk is the degree of uncertainty due to expected/unexpected business adversities that may

by: Forbes

Build Vs. Buy: A Critical Decision For Startups And Growing Companies

While there's no universal answer to the build-vs-buy dilemma, the key is making an informed choice aligned with your business goals, resources and strategy.

by: AOL

7 costly financial trends to leave behind in 2025 (and 5 worth keeping)

As we wrap up 2024, here's a look at seven money trends that we should leave behind, along with five healthy financial habits worth keeping.

by: Reuters

Bank regulator gives BlackRock January deadline on bank stakes

The U.S. Federal Deposit Insurance Corporation has told asset manager BlackRock it has until Jan. 10 to accept an agreement that would allow the agency to step up scrutiny of its investments in FDIC-regulated banking institutions,

by: MSN

Treasury small business ownership rule on hold as court eyes constitutionality

A Jan. 13 deadline for businesses to report "beneficial ownership information" was delayed again following a court order.

by: MSN

Treasury again delays the beneficial ownership reporting deadline for small businesses

A Jan. 13 deadline for businesses to report "beneficial ownership information" was delayed again following a court order.

by: Reuters

Bill Ackman expects Trump to privatize Fannie Mae and Freddie Mac

Billionaire Bill Ackman expects U.S. President-elect Donald Trump to remove Fannie Mae and Freddie Mac from conservatorship, potentially making them private companies again, the hedge fund manager said on Monday.

by: AOL

Tesla investor: Elon Musk is working more for Trump and less for Tesla

Tesla shareholders may want to begin paying attention to who is really running the EV giant, one prominent investor says.

by: Forbes

With Great Power Comes Great Responsibility: The Reality Of Today's Data Professionals

With every new application comes a choice—whether to use data to empower or to manipulate, to inform or exploit.

by: Indiatimes

Leo Yearly Horoscope 2025: Balance Career, Love, and Finances

In 2025, Leo will experience a significant year of transition and growth in career, finance, relationships, and health. Notable shifts include redefin

by: Vanguard

Tinubu's economic diplomacy blooming - Ministers

Edun said the president had embarked on fruitful economic diplomacy on all the continents: Brazil in South America; China and India

by: Forbes

Generative AI: Driving The Next Big Transformation Of The Financial Industry

Generative AI is set to be a transformative force in the financial industry, reshaping how institutions operate, innovate and compete.

by: MSN

Why Hire Salesforce Partners in Australia: Driving Business Growth with Salesforce Cloud Solutions

Salesforce dominates the technological landscape of the digital realm nowadays due to its efficiency as a cloud CRM service. Most businesses in Australia have integrated this advanced technology into their operations to streamline business processes.

by: Forbes

Economic Forecast For 2025 And Beyond: Growth With Continued Inflation

The economy will grow but at a slower pace than 2024. Inflation will remain above the Fed's target, with Trump's policies limiting production while stimulating spending.

by: MSN

Yearly Finance Horoscope 2025: Profits, plans, and precautions for each zodiac signs

The financial outlook for each zodiac sign in 2025 includes cautious handling of finances for Aries and successful long-term investments. Taurus will see income boosts, while Gemini should plan for education.

by: MSN

38-year-old self-made billionaire's No. 1 tip for aspiring entrepreneurs: Pay attention to 'what the kids are doing'

Nikhil Kamath, co-founder of brokerage firm Zerodha, says you should pay attention to what kids are doing for inspiration as an emerging entrepreneur.

by: MSN

Indo Farm Equipment IPO opens tomorrow: GMP, price band, issue size among 10 key things to know

Indo Farm Equipment IPO is set to open for public bidding on Tuesday, December 31. The company's IPO is a mix of fresh issue and offer-for-sale.

by: MSN

What Warren Buffett, Mark Cuban, Jamie Dimon and other business leaders said about AI in 2024: 'the consequences will be extraordinary'

Jamie Dimon hails AI as revolutionary as the internet and printing press, while Warren Buffett warns it's a 'genie' that can't be put back in the bottle.

by: MSN

The mother of all Indian IPOs: Will 2025 be the year India witnesses its largest-ever listing?

IPOs with major companies raising funds, surpassing Rs 3 lakh crore. This trend is expected to continue in 2025 with significant listings from giants like Flipkart, LG India, and Reliance Industries' Jio.

by: MSN

Wrestlers Who Made More Money Outside Of The Industry

While being a wrestler can be a lucrative occupation, some competitors have actually managed to make more money outside of the wrestling business.

by: MSN

Budget 2025: 'Tax, Tax, Tax...' FICCI Wants Major Reforms - See Proposals

In a pre-budget meeting with Finance Minister Nirmala Sitharaman, the Federation of Indian Chambers of Commerce and Industry (FICCI) outlined a comprehensive set of recommendations aimed at improving ease of compliance,

by: MSN

30 Dec 2024 Horoscope: Astrological Forecast for All Zodiac Signs

Ganesha brings insights and guidance for the week ahead, offering positivity and encouragement across various aspects of life. Whether it's love, career, education, or health, align your actions with the cosmic energies to make the most of this time.
  • Tue, December 31, 2024

by: Salon

5 thought-provoking books of 2024

A recent addition to a chorus of books on the impact of gender bias on the economy and society, " Fair Shake: Women & the Fight to Build a Just Economy by Naomi Cahn, June Carbone and Nancy Levit rests on a premise of a "winner take all economy."

by: Kiplinger

Ignoring Your Company's Dress Code Can Get You Fired

Both employers and prospective employees need to be upfront about expectations on the job regarding appearance, and other policies, before a job offer is accepted.

by: FTAdviser

Financial services recognised in New Year honours list

The financial services industry has been recognised in the 2025 New Year honours list with several members receiving knighthoods, OBEs, and MBEs.

by: Investopedia

Fox/News Corp Battle: What Murdoch's Failed Power Play Means for Investors

Rupert Murdoch had recently tried to shift power of his empire to one of his son's by reopening his family trust. Why was his initial move unsuccessful?

by: Tuko

Kenyans Pay More for Food, Cooking Gas in December as Inflation Rises

Kenya National Bureau of Statistics (KNBS) reported a sharp rise in the consumer price index (CPI) in December due to increased prices of food and non-food items.

by: Marketplace

"Cash stuffing" is the TikTok update to grandma's budgeting

Cash stuffers post videos of perfectly manicured nails delicately organizing their bills, almost like an unboxing video for their paycheck.

by: Forbes

The 2 Fastest-Growing Skills To Boost Salaries Up To 47% In 2025

The two fastest-growing skills of the future are in artificial intelligence. Learn the two skills you need for 2025, and boost your salary by up to 47%.

by: Reuters

Maersk asks customers to remove cargo before potential strike at US ports

Shipping giant AP Moller-Maersk has urged customers to pick up their laden containers and return the empty ones at the U.S. East and Gulf Coast ports before Jan. 15 to mitigate potential disruptions at the terminals on account of a strike.

by: Reuters

Italian shoemaker Geox to invest $125 million in five-year plan

Italian shoemaker Geox plans to invest about 120 million euros ($125 million) as part of an industrial plan to 2029 and has signed a five-year deal with a leading Chinese operator to expand its presence in the country.

by: MSN

Tariffs are mud in the gears of business, says Bleakley's Peter Boockvar

Peter Boockvar, Bleakley Financial Group chief investment officer, joins 'Money Movers' to discuss markets, impact of tariffs and his 2025 outlook.

by: MSN

Could France be a riskier bet than Croatia? The bond market will have a say in 2025

French 10-year bond yields are climbing ever higher, showing a mounting concern for the country's finances. But does the current pricing spell trouble for the country's future debt servicing? View on

by: MSN

15 Banks and Credit Unions that Exchange Foreign Currencies

Uncover convenient currency exchange locations near you. Our guide has banks and credit unions that offer services for your foreign currency needs.

by: MSN

5 simple money resolutions I make every year that help me earn more, spend less, and build wealth

Instead of making annual resolutions, she spends one month focusing on her finances to set herself up for a strong year.

by: MSN

Unlock Your Destiny in 2025: Exclusive Sun Sign Predictions by Pt Umesh Chandra Pant

Welcome to the much-awaited 2025 Horoscope predictions for all 12 sun signs, brought to you by India's renowned astrologer, Pt Umesh Chandra Pant. As we step into a new year filled with opportunities and challenges,

by: MSN

Interview: "Our finance-specific AI agents gain global recognition," say co-founders of AI search solutions startup

South Korean popular culture—spanning K-pop, dramas, and films—continues to capture the world's attention. Meanwhile, the country's startups, though not yet achieving the same level of global recognition,

by: MSN

Small language models set to be the next big thing in AI

SLMs can generate human-like language but are trained on smaller datasets with fewer parameters. They are said to be easier to train and use, consuming less computational power, more cost-effective, and better suited for specific tasks.

by: MSN

Former HSBC and Rolls-Royce bosses knighted

Former HSBC and Rolls-Royce bosses knighted - The chiefs of Network Rail, Chanel and the British Business Bank are also among those from the business world receiving honours.

by: MSN

Rogers finally opens and spending: Five Newport storylines to watch in 2025

That's why the Newport Daily News has compiled a list of storylines to keep an eye on in 2025: to serve as a guide for those interested in reading more local news in the new year as well as a refresher for those for whom the local news is as common on their breakfast table as a fresh cup of coffee.

by: MSN

Virgo Daily Horoscope Today (Aug 23- Sept 22) December 31, 2024: Communicate with clarity!

Virgo Money Horoscope Today Profit levels will be average. Business activities will pick up. Career and business will gain speed. Perform better in financial matters. Matters related to property and vehicles will work in your favour.

by: MSN

Aries Daily Horoscope Today (Mar 21 - April 19), December 31, 2024: Confidence will stay high!

Aries Money Horoscope Today Expect excellent results in career and business. Profits will remain strong. Commercial activities will accelerate. Wealth and resources will grow. Aries Career Horoscope Today Diverse efforts will gain momentum.

by: MSN

Cash advance firm sues Mike Lindell for refusing to pay back $1.5 million loan

Cash advance firm sues Mike Lindell for refusing to pay back $1.5 million loan - Exclusive: Lindell said his legal woes are not his priority, telling The Independent, "I'm trying to run companies and get rid of the electronic voting machines.

Brain meets Bot: How AI is elevating tax expertise

Instead of just correcting errors, Tax Gen AI systems provide feedback that prompts users to reflect on their mistakes and understand the underlying principles, notes EY's Tax Partner Manoj Rathi
The article from CNBC TV18 discusses how Manoj Rathi, a tax expert, has integrated Artificial Intelligence (AI) and Generative AI into his tax consultancy practice to enhance efficiency and accuracy in tax-related services. Rathi highlights the use of AI to automate mundane tasks, allowing professionals to focus on more complex issues, thereby improving productivity. He explains that AI tools help in analyzing vast amounts of data quickly, identifying patterns, and providing predictive insights which are crucial for tax planning and compliance. Additionally, Generative AI assists in creating documents, drafting responses to tax notices, and even predicting potential audit triggers. Rathi emphasizes that while AI significantly aids in decision-making and operational efficiency, human oversight remains essential for ethical considerations, nuanced judgment, and client interaction. This blend of technology and human expertise aims to revolutionize the tax consultancy landscape by offering more personalized, accurate, and timely services.

Read the Full cnbctv18 Article at:
https://www.cnbctv18.com/business/finance/brain-meets-bot-ai-generative-ai-tax-expertise-manoj-rathi-19531278.htm