Jul 21, 2014 at 12:26 | Source: PTI
The government estimates to garner Rs 13.64 lakh crore from both direct and indirect tax collection during the current fiscal. During 2013-14, tax collection fell short of target by a whopping Rs 77,000 crore.
Jul 20, 2014 at 17:37 | Source: PTI
It said that Rs 62,543 crore was pending at the end of March 2011, Rs 70,572 crore at the end of March 2012 and Rs 1,02,581 crore at the end of March 2013.
Jul 18, 2014 at 20:29 | Source: Moneycontrol.com
Supreme Petrochem at its meeting held on July 18, 2014, has transacted the recommended dividend of Rs. 1.50 per share for the year 2013-2014 on equity shares entailing an outgo of Rs. 1693.54 lacs including dividend distribution tax.
Jul 17, 2014 at 16:04 | Source: Moneycontrol.com
Your savings should not run out while you are alive. You need to calculate the corpus amount required for retirement based on when you want to retire, how much you need to spend every month after retiring, inflation, tax, investment returns and the like.
Jul 14, 2014 at 09:31 | Source: Moneycontrol.com
According to PwC, up to USD 770.4 million of import duties could have been foregone by the Government of India in 2013 due to the differential in duties between refined gold and unrefined gold dor.
Jul 11, 2014 at 10:34 | Source: CNBC-TV18
The Budget has proposed raising exemption limit from Rs 1 lakh to Rs 1.5 lakh. There were little over 3.5 crores tax assesses in India in 2013. That means tax payers would have to invest up to additional Rs 175,000 crore to avail this benefit. That's a whooping amount that could be invested in various financial instruments.
Jul 10, 2014 at 16:32 | Source: CNBC-TV18
Hindalco and Tata Power were up 3 percent each while GAIL, Coal India and HDFC were top gainers in the Sensex. Among the losers were Hero Moto, TCS, M&M, SBI and Bharti Airtel. Eventually, Jaitleys Budget did not score high on specific action plans.
Jul 10, 2014 at 15:24 | Source: Moneycontrol.com
A section of the market feels that FM Arun Jaitleys target of 19.7 percent growth in tax revenues for FY15 may appear ambitious, considering that monsoons could be below average, and the economy is still not showing clear signs of recovery. But that may be taking too cynical a view.
Jul 10, 2014 at 15:16 | Source: CNBC-TV18
Hero Moto is down 4 percent while TCS, Bharti, SBI and ICICI Bank are major losers in the Sensex. Arun Jaitleys Budget can be likened to a soccer match that turned dramatically in the second half, judging by the market reaction. The Finance Minister had asked for a five-minute breather midway into his speech, and was granted that by the Speaker.
Jul 10, 2014 at 15:07 | Source: CNBC-TV18
Arun Jaitleys Budget can be likened to a soccer match that turned dramatically in the second half, judging by the market reaction. The Finance Minister had asked for a five-minute breather midway into his speech, and was granted that by the Speaker.