ClearTax Becomes the Preferred Tax Filing Partner for OYO and Other Companies

ClearTax Becomes the Preferred Tax Filing Partner for OYO and Other Companies

By Author

Published on July 31, 2023

ClearTax, the leading SaaS platform for Chartered Accountants and Tax Experts in India, has recently announced strategic partnerships for the upcoming Income Tax Return (ITR) season with OYO and several other players across various industries. The objective behind these collaborations is to provide Human Resource departments with a comprehensive range of employee benefit programs and resources, assisting employees in resolving their compliance and tax-related concerns effectively.

These partnerships extend to some of the biggest employers in diverse sectors, including travel and hospitality, IT, healthcare, pharma, retail, e-commerce, and consulting firms. Approximately 70 lakh employees have already reaped the benefits of this collaboration, representing a notable 25% increase from the previous year.

ClearTax offers exclusive discounts and customized ITR filing services tailored to each company's requirements, ensuring cost-effective and efficient solutions for their employees' tax filing needs. To facilitate seamless communication and awareness, informative sessions are conducted through help desks, webinars, engaging content, and dedicated live chat support.

A team of dedicated Relationship Managers is available round the clock to address any employee queries or concerns, ensuring a smooth and hassle-free tax filing experience for everyone involved.

In addition to the primary services, ClearTax has introduced innovative features such as RSUs (Restricted Stock Units) and ESOP (Employee Stock Ownership Plan) tax management, catering to employees' needs during the exercise of stock options. This streamlines the process and ensures accurate tax calculations.

Recognizing the significance of personalized assistance, ClearTax now offers a CA (Chartered Accountant) assisted plan, garnering significant interest from HR departments. This plan provides comprehensive tax filing, savings, and advisory services to senior employees, offering them expert guidance and support throughout the tax filing process.

Archit Gupta, Founder and CEO of ClearTax, stated, "ClearTax's extensive network of partnerships covers a large number of corporate organizations. We are now catering to diverse needs of employees working in multinational and global organizations and provide specialized services for various types of incomes and tax returns including NRI (Non-Resident Indian) filing. We want to empower employees and organizations so they can navigate tax complexities with ease and confidence. These strategic partnerships have established ClearTax as the go-to solution for corporate HRs seeking comprehensive tax-related services for their employees."

ClearTax's ITR filing product offers several convenient features, including data pre-fill, autofetch of transactions, auto computation for capital gains, cryptocurrency-related reporting, and tax filing. It simplifies complex tax terms and provides tax tips for users to optimize their taxes effectively. Users can complete their entire income tax filing process on ClearTax, including filing, verification, return status check, refund status check, and more.

With ClearTax's user-friendly platform and commitment to providing top-notch services, it has become a trusted partner for employees and corporate HRs alike, simplifying the tax filing process and empowering individuals to handle their taxes efficiently. 


Royal Caribbean Group raises dividend by 33% to $1 per share

Royal Caribbean Group raises dividend by 33% to $1 per share

By Manu Vardhan Kannan

Published on September 14, 2025

Royal Caribbean Group (NYSE: RCL) has announced a significant increase in its shareholder returns, declaring a 33% hike in its quarterly dividend. The company’s Board of Directors approved a dividend of $1.00 per common share, payable on October 13, 2025, to shareholders of record at the close of business on September 25, 2025.

Jason Liberty, President and CEO of Royal Caribbean Group, said the move underscores the company’s confidence in its performance and long-term growth strategy. “Today’s dividend increase reflects both the strength of our performance and our commitment to return capital to shareholders. This increase in dividend, along with our ongoing share repurchase program, highlights our balanced approach to capital allocation, returning value to shareholders while funding future growth,” Liberty stated.

Royal Caribbean Group is a global leader in the vacation industry, operating a fleet of 68 ships across five brands that serve millions of guests annually. Its portfolio includes Royal Caribbean International, Celebrity Cruises, and Silversea, as well as land-based experiences such as Perfect Day at CocoCay and the Royal Beach Club collection. The company also holds a 50% joint venture in TUI Cruises, which manages brands like Mein Schiff and Hapag-Lloyd Cruises.

With a reputation for innovation and guest-focused experiences, Royal Caribbean Group continues to expand its global footprint while maintaining its commitment to responsible and sustainable growth.


Apeejay Surrendra Park Hotels Reports Rs 13 Crore Net Profit in Q1 FY26

Apeejay Surrendra Park Hotels Reports Rs 13 Crore Net Profit in Q1 FY26

By Manu Vardhan Kannan

Published on August 18, 2025

Apeejay Surrendra Park Hotels Limited (ASPHL) announced its financial results for Q1 FY26, recording a net profit of Rs 13 crore. Revenue from operations stood at Rs 154 crore, a 14% increase year-on-year, while operating EBITDA grew 16% YoY to Rs 45 crore. The company maintained an industry-leading occupancy of 92%, reaffirming its leadership in the hospitality sector.

ASPHL’s growth is fueled by expansion into Tier 2 and Tier 3 markets. The company recently signed an MoU to acquire and manage four leisure properties in Goa, Manali, Shimla, and Dharamshala, adding 138 rooms under its brand. These steps align with ASPHL’s strategy to broaden its presence in high-potential tourism destinations and double its key count to 5,750 over the next five years.

Flurys, ASPHL’s iconic bakery and confectionery brand, now operates 102 outlets nationwide, reflecting the company’s focus on expanding its market presence while integrating modern amenities with rich cultural heritage.

Commenting on the performance, Vijay Dewan, Managing Director, Apeejay Surrendra Park Hotels, said,

"We have delivered an extraordinary and best-ever Q1, setting a strong momentum for the year ahead. With topline growth of 14% and EBITDA growth of 16%, we recorded India’s highest occupancy of 92% and maintained leadership in RevPAR in the upper-upscale segment. ARR improved by 13% and RevPAR increased by 12%. With nearly 600 new rooms added, including a 41% rise in our asset-light model, and nationwide Flurys rollout, we are poised to scale faster, enhance margins, and deliver exceptional shareholder value."

ASPHL’s strong performance in Q1 FY26 underscores its strategic focus on market expansion, operational excellence, and premium guest experiences.


Marriott Announces Dividend and Expands Share Buyback Plan

Marriott Announces Dividend and Expands Share Buyback Plan

By Manu Vardhan Kannan

Published on August 10, 2025

Marriott International, Inc. has declared a quarterly cash dividend of 67 cents per share on its common stock, reaffirming its commitment to delivering shareholder value. The dividend will be paid on September 30, 2025, to shareholders who are on record as of August 21, 2025.

Alongside the dividend announcement, the hospitality giant also revealed an expansion of its share repurchase program. The board of directors has authorized the repurchase of an additional 25 million shares of its Class A common stock. This comes in addition to the approximately 7.4 million shares that were still available under previous authorizations as of July 30, 2025.

Marriott has already bought back 6.4 million shares this year, amounting to $1.7 billion. These moves reflect the company’s continued confidence in its financial stability and long-term performance, aiming to strengthen shareholder value through strategic capital allocation.

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