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Sudarshan Venu, Joint Managing Director, TVS Motor Company. File. | Photo Credit: Special Arrangement TVS Motor Company (TVSM) aims to drive topline growth by investing in new products and various technologies to strengthen its EV and ICE capabilities, said Managing Director Sudarshan Venu. “We aim to drive growth by investing in new products and premiumisation,”…
Read More “TVS Motor to invest in dual technologies to drive growth” »
Quarterly earnings from several blue-chip firms, including Infosys and Reliance Industries, global trends, and trading activity of foreign investors, would act as major driving factors for equity markets’ movement in a holiday-shortened week ahead, analysts said. The domestic WPI inflation data for June — scheduled to be announced on Monday — will also influence trading…
US-India Strategic Partnership Forum has urged Union Finance Minister Nirmala Sitharaman to ensure a stable and predictable tax environment as she prepares for her annual budget later this month. | Photo Credit: PTI The US-India Strategic Partnership Forum has urged Union Finance Minister Nirmala Sitharaman to ensure a stable and predictable tax environment as she…
Union Minister of Steel and Heavy Industries H.D. Kumaraswamy being briefed by an official at HMT Machine & Tools factory during his visit to the facility in Hyderabad with Minister of State for Steel and Heavy Industries Bhupathiraju Srinivasa Varma. | Photo Credit: Arrangement Union Minister of Steel and Heavy Industries H.D. Kumaraswamy has assured…
Read More “Kumaraswamy assures revival of HMT MTL, action to protect company’s land ” »
Photo used for representation purpose only. | Photo Credit: Getty Images/iStockphoto Net direct tax collection grew 19.54% to over ₹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% to ₹1.48 lakh crore. This includes Corporation Income…
Read More “Direct tax mop-up rises 20% to ₹5.74 lakh cr on higher corporate advance tax” »
Prime Minister Narendra Modi addresses a meeting with economists ahead of the Union Budget which will be presented on July 23, in New Delhi. | Photo Credit: ANI Union Finance Minister Nirmala Sitharaman is scheduled to present the Budget for 2024-25 in the Lok Sabha on July 23. Parliament Session begins on July 22 and…
Read More “Budget in Focus: The Hindu’s series on pre-Budget expectations” »
The production of solar panels with full value addition in India over the next five years is an achievable goal. | Photo Credit: REUTERS The Finance Minister’s Budget speeches have been giving increasing emphasis to green growth. This has followed Prime Minister Narendra Modi’s announcement at COP26 that India would have 500GW of fossil fuel-free…
Personal income tax receipts constituted 60.2% of the net collections, while corporate taxes yielded 36.6% of net revenues. File | Photo Credit: Reuters Growth in India’s net direct tax collections slowed slightly to 19.54% by July 11, relative to a 21% rise recorded by June 17, with revenues hitting ₹5.74 lakh crore, the Income Tax…
Read More “Net tax receipts up 19.5%, corporate tax share at 36.6%” »
Personal income tax receipts constituted 60.2% of the net collections, while corporate taxes yielded 36.6% of net revenues. File | Photo Credit: Reuters Growth in India’s net direct tax collections slowed slightly to 19.54% by July 11, relative to a 21% rise recorded by June 17, with revenues hitting ₹5.74 lakh crore, the Income Tax…
Read More “Net tax receipts up 19.5%, corporate tax share at 36.6%” »
Apple. File. | Photo Credit: AP An investigation by India’s antitrust body has found that Apple exploited its dominant position in the market for app stores on its iOS operating system, engaging “in abusive conduct and practices”, a confidential report seen by Reuters showed. The Competition Commission of India (CCI) has been investigating Apple Inc…
Read More “Apple abused position in apps market, finds antitrust probe” »
