Direct tax mop-up rises 20 per cent to `5.74 lakh crore on higher corporate advance tax
Net direct tax collection grew 19.54 per cent to over Rs 5.74 lakh crore so far this fiscal on higher advance tax payment by corporates. The first instalment of advance tax, which was due on June 15, rose 27.34 per cent to Rs 1.48 lakh crore. This includes Corporation Income Tax...
-
Domestic investors infuse USD 638 mn in realty sector in April-June: Vestian
14 July 2024 | PTI -
First Indian ship takes perishable food items to Maldives port
14 July 2024 | PTI -
Govt mulls handing over MTNL operations to BSNL; merger unlikely
13 July 2024 | PTI -
Pakistan reaches new USD 7 billion loan deal with IMF
13 July 2024 | PTI -
Auto industry body SIAM seeks sops for EVs, additional incentives for vehicle scrapping
13 July 2024 | PTI -
Sandeep appointed Director (Finance) of PFC
13 July 2024 | PNS -
Inaugural Session of ICANA-2024 begins
13 July 2024 | PNS
Launches of affordable flats drop 21% annually in April-June to 1,32,77 units in top 7 cities: JLL
New supply of affordable apartments — costing below Rs 50 lakh — declined 21 per cent in the April-June period across seven major cities as builders are launching more premium flats, according to JLL India. Real estate consultant JLL India on Friday released data for housing market of major seven cities,...
NE gas grid work in Tripura to be completed in March next year, says official
Work under the Rs 9,265-crore North East Gas Grid (NEGG) project is expected to be completed in Tripura by March next year, an official said on Friday. Under the NEGG project as part of a plan to synchronise gas supply in the region, 253 km of gas pipeline will be laid...
Essar Energy Transition setting up Europe’s 1st hydrogen-ready power plant
Essar Energy Transition (EET) on Friday announced setting up of Europe’s first hydrogen-ready combined heat and power plant (CHP) at its Stanlow refinery in Ellesmere Port in the UK. The building of the power plant is a key part of EET’s overall USD 3 billion of energy transition initiatives in...
Hindustan may exceed capex target of Rs 350 cr this fiscal year
State-owned Hindustan Copper Ltd on Friday said it is likely to exceed its capex target of Rs 350 crore for the ongoing fiscal year. “Although this year’s capex target is Rs 350 crore, it is expected that the company may exceed the target like last year,” the company said in a...
Magicpin onboards over 1,000 big brands in a year
Hyperlocal e-commerce firm magicpin has onboarded over 1,000 mutli-city and multinational consumer brands in a year, registering a year-on-year growth in onboarding prominent firms, the company said on Friday. While it took magicpin four years to bring around 2,000 brands on board, it added over 1,000 of them over the past...
FADA seeks vehicle depreciation benefits for income tax payers
Automotive dealers body FADA on Friday urged the government to introduce vehicle depreciation benefits for individual taxpayers, saying it will not only expand the taxpayer base but also ignite automobile demand. In its pre-budget wishlist, the Federation of Automobile Dealers Associations (FADA) also asked the finance ministry to reduce corporate tax...
Sensex, Nifty hit record high on buying in IT stocks after TCS earnings
Equity benchmark indices Sensex and Nifty hit their fresh record high levels on Friday amid heavy buying in IT stocks after TCS announced its June quarter earnings. The 30-share BSE Sensex zoomed 996.17 points to hit all-time high of 80,893.51. The NSE Nifty jumped 276.25 points to a new lifetime peak...
