Search Results for: Corporate Tax
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Opinion
Sudha Murty’s Nomination to Rajya Sabha and Infosys’ Tax Refund: A Matter of Public Perception
The recent events surrounding the nomination of Sudha Murty to the Rajya Sabha and the significant tax refund granted to Infosys have sparked debates across the
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Startup
Tax holiday extended by 1 year for startups
The tax-exempt on the revenue, as well as investments, have been increased till March 31, 2022 To help India’s startups amid the COVID-19 pandemic, tax ho
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Business
Revenue Department holds high-level meeting to Rs 13.5 lakh cr direct tax collection target
New Delhi, India– In furtherance of its concerted efforts to augment tax collection in the coming four months, the Department of Revenue on Friday conduct
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Business
RITES Q2 net profit jumps 115 per cent to Rs 233 crore on corporate rate cut
Gurugram (Haryana) [India], Nov 13: Government-owned RITES Ltd said on Wednesday that recent cut in corporate tax rates helped boost its standalone operational
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Business
ICICI Bank Q2 profit falls by 28 pc on deferred tax adjustment
Mumbai (Maharashtra) [India], Oct 29: India’s largest private sector lender ICICI Bank said on Saturday its profit after tax dropped by 28 per cent to Rs
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Business
Axis Bank reports Q2 loss of Rs 112 crore due to one-time tax impact
Mumbai (Maharashtra) [India], Oct 23 : Private lender Axis Bank on Tuesday reported a net loss of Rs 112 crore on a for the second quarter of current fiscal due
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World News
Biden unveils USD 2 trillion packages to overhaul American physical infrastructure
Joe Biden proposals included an investment of USD 621 billion into transportation infrastructures US President Joe Biden unveiled a USD 2 trillion package to u
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Finance
No, It Wasn’t COVID that Sent Indian Economy into a Tailspin
The Indian economy was in one of its worst ever deceleration phases even before the Covid-19 pandemic. GDP growth fell continuously for eight quarters (except f
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Finance
Nirmala Sitharaman reviews Aatma Nirbhar Bharat Package
Nirmala Sitharaman will review Aatma Nirbhar Bharat Package with the Secretaries of various Ministries/Departments New Delhi [India]: Finance Minister Nirmala S
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Business
Govt eyeing to collect Rs 1.10 lakh crore monthly GST, sets target
New Delhi, India– The Department of Revenue is eyeing to collect at least Rs 1.10 lakh crore as monthly Goods and Services Tax (GST) collection for the ne
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Business
India’s economy constrained by weakening household consumption: Moody’s
Singapore– India’s weak household consumption will curb economic growth and weigh on the credit quality of Indian issuers in a range of sectors, Moo
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Business
CEA Subramanian calls for investments in human capital
New Delhi India Investments in human capital enhance productivity while improvement in productivity creates jobs, Chief Economic Advisor Krishnamurthy Subramani
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Business
Maruti Suzuki to raise prices from next month
New Delhi [India], Dec 3: India’s largest carmaker Maruti Suzuki India on Tuesday said that it will increase prices of its vehicles from January to offset
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Business
Moody’s revises India GDP forecast to 5.6 pc, slowdown lasting longer than expected
New York [USA], Nov 14: India’s economic slowdown is lasting longer than previously expected, Moody’s Investors Service said on Thursday while peggi
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Business
Moody’s changes India’s outlook to negative from stable, affirms Baa2 ratings
New York [USA], Nov 8 :Moody’s Investors Service has changed the outlook on India’s ratings to negative from stable and affirmed the Baa2 foreign-cu
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Business
Tata Steel reports Rs 3,302 crore Q2 profit
Delhi [India] Nov 6: Tata Steel on Wednesday reported a consolidated profit after tax (PAT) at Rs 3,302 crore for the quarter ended September 30. Gross debt dur
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Business
India’s credit squeeze pushes growth to a six-year low: Fitch Ratings
London [Britain], Oct 25: The Indian economy is being held back by a large squeeze in credit availability emanating from non-bank financial companies (NBFCs), a
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Auto Tech
Maruti Suzuki Q2 profit sinks by 39 pc to Rs 1,359 crore on weak sales
New Delhi [India], Oct 24 : Maruti Suzuki India on Thursday reported a net profit of Rs 1,358.6 crore for the second quarter of current financial year (Q2 FY20)
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Auto Tech
Bajaj Auto reports 22 pc increase in Q2 net profit at Rs 1,402 crore
Mumbai (Maharashtra) [India], Oct 23: Two-and three-wheeler manufacturer Bajaj Auto on Wednesday reported 22 per cent year-on-year jump in its profit after tax
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Business
Oberoi Realty Q2 revenue falls to Rs 505 crore
Mumbai (Maharashtra) [India], Oct 22 : Oberoi Realty Ltd has recorded a consolidated revenue of Rs 505 crore during the second quarter of current fiscal as agai
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