• Aujas Launches New Line of Service- The Virtual Security Office (VSO)
  Aujas today announced the launch of a new line of service - ‘Virtual Security Office’ aimed at addressing the need for a focused support structure for information security in small and medium sized organizations.
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• Aujas Launches Phishnix for Cloud Services
  Aujas Information Risk Services (www.aujas.com) today announced the launch of Phishnix for cloud services, a new product that will help clients protect their sensitive information on the cloud by strengthening their weakest link in the security chain, their own employees. The product is targeted for major cloud services such as Salesforce, Google Apps, Netsuite etc.
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• Aujas raises Series B funding
  Aujas, a Global Information Risk Management (IRM) services company, today announced that it has raised Series B round of funding, from IvyCap Ventures, Rajasthan Venture Capital Fund (RVCF) and IDG Ventures.
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• Aujas to participate in the GISEC 2013 as a Silver Sponsor
  Aujas announced today its participation in the Gulf Information Security Expo & Conference (GISEC) 2013 as a Silver Sponsor. The Conference and Exhibition will run through June 3rd until 5th 2013 at the World Trade Centre, Dubai.
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• Aujas to Unveil Two New Information Security Services at IBM Pulse 2014
  Aujas, a global information risk management solutions provider, will unveil two information security services at IBM Pulse 2014 (February 23-26). Aujas will feature the new Enhancement Factory and AppSec onDemand services at Booth E656 at the conference's solutions Expo.
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• Aujas Wins Deloitte Tech Fast 50 India 2013 Third Time in a Row
  Aujas today announced that it ranked Number 26 on the Deloitte Technology Fast 50 India 2013 organised by Deloitte Touche Tohmatsu India Private Limited, a ranking of the 50 fastest growing technology companies in India.
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• Australia Amends Trade Mark Law on April 15, 2013: Update from International Expansion Team
  The provisions of the Intellectual Property Laws Amendment (Raising the Bar) Act 2012 (Cth) proposing changes to the trade mark law in Australia were implemented on April 15, 2013.
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• Australia Budget 2013-14: Fringe Benefits Tax Rate Increased, Scope of PAYG Extended and Proposed Income Tax Reductions Postpon
  The Australian government has released its budget for 2013 which targets savings to bring the budget back to surplus. With a budget that predicts a minor deficit next year and a surplus in 2015, Australia has made some positive assumptions, says Nair & Co.’s International Tax Consulting Team.
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• Australia Proposes Amendments to GAAR (Part IVA) to Counter Tax Dodging
  The Australian government has introduced Tax Laws Amendment (Countering Tax Avoidance and Multi National Profit Shifting) Bill 2013 on February 13, 2013.
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• Australia Releases Fair Work Amendment Bill 2013
  On March 21, 2013, the government initiated the Fair Work Amendment Bill 2013 (Amendment Bill) into the federal Parliament. The Bill includes a broad range of amendments intended at making employment more flexible and family friendly, and providing the Fair Work Commission (FWC) authority to deal with anti social claims at the workplace says Nair & Co., which provides Global HR services for companies expanding overseas.
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• Australia Strengthens Data Privacy Laws
  Australia is working towards strengthening its privacy laws for both public sector and private companies based in the country. The Privacy Amendment (Enhancing Privacy Protection) Bill 2012 was passed by the Federal Parliament on 29th November 2012, and is expected to be effective from March 2014.
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• Australia Tax Changes may affect Multinational Employers and Employees
  The Australian Taxation Office (ATO) has introduced new regulations which may affect individuals including multinational employers and expatriates on international assignments working in the country, says Nair & Co. which provides global HR services for companies setting up foreign operations.
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• Australia Tightens Corporate Governance Responsibilities of Directors and Officers
  Australia has amended work health and safety (WHS) laws which are likely to be implemented in early 2013, increasing corporate governance responsibilities for directors and officers of companies doing business in the country.
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• Australian companies to increase retirement benefit to 9.25 % next month
  Come July 2013, the minimum compulsory contribution rate of employers under the Act for “eligible employees” will increase to 9.25 per cent.
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• Australian Directors Become Personally Liable for Unpaid Superannuation
  The Australian government has extended provisions regarding penalties for directors. The new director penalty regime makes directors personally liable in case their company fails to make certain compulsory payments or superannuation payments like tax withholding from employees’ wages.
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• Australian Federal Court Clarifies that Reasonable Performance Management is not “Adverse Action”
  In a case which involved Mr. Ramos and Good Samaritan Industries (GSI), Justice Barker has upheld Federal Magistrate Rolf Driver’s earlier verdict which held that reasonable performance management would not be considered as an adverse action.
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• Austria Eases the Minimum Requirements for a GmbH
  On July 1st, 2013, the Austrian government has lowered the minimum share capital for a GmbH from EUR 35,000 to EUR 10,000, says Nair & Co. which provides international expansion services for companies setting up foreign operations.
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• Belgium Announces New Reporting Obligation; Payments Made in Tax Havens must be Reported
  Belgium has announced a clarification to Circular 13/2010 (Ci. RH.421/607/890) of November30, 2010. Payments of EUR 100,000 or more, made to recipients in Tax havens, need to be reported mandatorily.
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• Belgium introduces Fairness tax
  The Belgian government, in order to control the fiscal budget, has introduced a "fairness tax" on companies, says Nair & Co. which provides international tax consulting for companies expanding overseas.
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• Belgium Offers New Tax Incentives for Business Entities and Entrepreneurs: Updates from International Tax Consulting Team
  Belgium recently announced new tax incentives for individuals and companies that include reduced tax on pensions and profit deductions for small employers, said Nair & Co., which provides international tax consulting for companies expanding overseas. The new tax regulation is for the tax year 2013 (assessment year 2014).
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