On July 2, the SEC announced that The Dow Chemical Company agreed to settle charges related to the company’s inadequate perquisites disclosure in SEC filings by paying a civil penalty in the amount of ...

The Staff of the Securities and Exchange Commission Division of Corporation Finance provided guidance regarding evaluation of whether a benefit provided to a company’s executive officer is a ...

Compensation figures for top executives have been receiving heightened attention due to high unemployment figures and spreading protests across the country, and hospital executives are not immune to ...

One of the biggest benefits that an employee can receive from their employer in the form of perquisites is the use of a motor car. This is a facility that is provided by many employers and while it is ...

This year’s Union budget proposed a new TDS, or tax deducted at source, obligation through section 194R of the Income-tax (I-T) Act 1961, with effect from 1 July. This section requires deducting tax ...