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It’s Tax Day, But Paper Filers Might Not See Their Refunds Until 2021

PYMNTS

Today (July 15) is Tax Day , and despite it coming three months later than normal due to COVID-19, several million Americans will be scrambling to get their returns (or at least their applications for extensions) out the door by midnight. Olson thinks the IRS might need 18 months to work through all of that paper, delaying some tax refunds.

Taxes 146
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2021 GonzoBanker Awards

Gonzobanker

Gonzo readers, 2021 was just plain schizophrenic. 2021 fintech investments, merger activities, and overall focus were off the charts. Two, read and enjoy the 2021 GonzoBanker awards, our annual take on the best things we saw during the year. From nowhere, sizable regional players are being created. Doug Larson.

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Berlin-based mobile tax filing app Taxfix reaches $1B valuation. Taxfix competitors are Taxdown, Taxfyle, and wundertax.

CB Insights

Taxfix , a mobile tax filing app, has raised $220M in a Series D. The global fintech unicorn count hit 235 in 2021 — up 108% from 2020. window.ClearbitForHubspot.addForm($form); }, region: “na1”, portalId: “763793”, formId: “43c769ca-a0ef-4952-9926-d926d9a4c885” }); Want the full post?

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NEW REPORT: What Demonetization? India’s Cash Usage To Reach $2.5T By 2021

PYMNTS

Demonetization was launched in India in an effort to crack down on the nation’s underground economy, boost tax revenues and encourage the transition to a digital banking infrastructure. percent from 2016 to 2021. percent by 2021. trillion in cash in 2016 , far more than any other nation in the region. India spent $1.5

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What Relationship Pricing Means for Bank Performance

South State Correspondent

The graph below shows the industry ROE and ROA from 1984 to 2021. The real issue for many banks is that managers cannot easily identify and measure the service level or correctly measure granular returns at the customer, product, branch, region, or supervisor level.

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Union Budget 2020 Highlights

BankBazaar

To this end, the government proposed a slew of changes and incentives among which was a major tax rejig. The FM said that GST has integrated the economy and consolidated multiple taxes. Check out the latest Income Tax slabs for your reference: Income Tax Slabs 2020-21. Tax Changes. Income Tax Calculator 2020.

Taxes 146
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Strong first quarter: GFT Group upgrades guidance

Bobsguide

– Group EBT up by 91 percent compared to first quarter of 2021, revenue up by 40 percent. – GFT’s UK operation contributed to global results with 18 percent of total revenue, a figure which grew by 50 percent compared to the first quarter of 2021. This corresponds to revenue growth of around 27 percent compared to 2021.

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