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FY26 DIRECT TAX COLLECTIONS
India's net direct tax mopup rises 11.76%India's net direct tax collections have risen 11.76% year-on-year to ₹14.42 lakh crore as of November 10. This growth is largely due to inc...- India's growth gets further votes of confidence as Moody's raises FY27 forecast to 7% from 6.5%Moody's Ratings has raised India's economic growth forecast for 2026-27 to 7% from 6.5%. This adjustment reflects the nation's strong consu...
- India's net direct tax collections rise 11.8% to Rs 14.42 lakh crore from April 1 to Nov 10India's net direct tax collections recorded an increase of 11.76% to reach Rs 14.42 lakh crore. Gross direct tax collections rose by 14.02%...
- ET Prime Special Series: Multibagger or IBC – Part 84: Can rising demand for decorative features drive this auto ancillary's growth?A car can change its engine and still look almost the same. It can also keep the same engine and look so different that buyers happily pay ...
- MRF Q2 Results: Net profit falls 13% YoY to Rs 417 crore, revenue rises 17%; board declares interim dividendMRF reported a 12.9% YoY decline in consolidated net profit to Rs 417 crore in Q2FY27, despite 17.4% revenue growth. EBITDA fell 14.9%, whi...
- From Rs 25,000 to Rs 2.5 crore: Three Pune brothers turn college kabada project into goldmine, sold 20 lakh kg scrapThree Pune brothers have transformed a college project into a Rs 2.5 crore scrap collection business. Jayesh, Ganesh and Vaibhav Pakhale st...
- India risks losing tax revenue by delaying global minimum tax rolloutIndia’s delay in implementing the OECD-G20 global minimum tax framework, known as Pillar Two, could mean losing tax revenue to other countr...
- Tata Steel Q2 Results: Profit rises 16% YoY to Rs 3,700 crore, revenue up 11%; Noel Tata to retire as directorTata Group's Tata Steel has reported a 16.2% year-on-year increase in profit after tax for Q2FY27. Consolidated revenue from operations gre...
- Travomint parent SNVA Traveltech files updated draft papers with Sebi for public offeringSNVA Traveltech, parent of online travel platform Travomint, has filed updated IPO papers with SEBI for an entirely offer-for-sale issue of...
- Signature Global reports Rs 817.40 crore revenue in Q2FY27Signature Global achieved a 148% increase in revenue to Rs 817.40 crore in Q2FY27 compared to the previous year. The company experienced a ...
- Gaja Alternatives net profit up 128% at Rs. 64.7 croreGaja Alternatives reported a 128% sequential rise in Q2 FY27 net profit to Rs. 64.7 crore, with revenue increasing 26% to Rs. 65.5 crore. T...
- Pull it, not just for better FPIs: Scrap FPI capital gains tax to boost inflows, strengthen rupee and cut fiscal deficitScrapping the long-term capital gains tax could significantly enhance foreign portfolio investment in India. This move would likely lead to...
- ShareChat’s FY26 revenue jumps 40% to Rs 1,016 crore on microdrama push; net loss widensHowever, its loss before tax widened to Rs 1,978 crore in FY26 from Rs 1,105 crore in the previous year, largely due to higher accounting e...
- ET Prime Special Series: Multibagger or IBC - Part 83: Under this auto ancillary’s hood, sales and profits tell different storiesSome auto suppliers spend years trying to win a major customer. This business has been associated with one for four decades. That has helpe...
- IKF Finance sets Rs 25,000 crore AUM target for 2030The company has broadened its financial services beyond vehicle loans, which opens up new avenues for growth. With a seasoned leadership te...
- NSE Q2 Results: Profit jumps 23% to Rs 2,578 crore, revenue rises 9%NSE Q2 Results: The National Stock Exchange of India (NSE) reported a 23% year-on-year (YoY) increase in its consolidated profit after tax ...
- Government has fiscal headroom to absorb Rs 50,000 crore revenue loss from LTCG tax abolition: SBI ResearchSBI Research indicates that eliminating the long-term capital gains tax may lead to a modest revenue decline, estimated to be between Rs 40...
- LTCG abolition may cost just Rs 40,000–50,000 crore, SBI estimates showSBI Research estimates that abolishing long-term capital gains (LTCG) tax would cost the government just Rs 40,000–50,000 crore in FY27, fa...
- IPO-bound StockGro's profit jumps 3-fold to Rs 113 cr in FY26 on strong revenue growthIn FY26, StockGro showcased substantial growth, achieving a profit after tax of Rs 112.96 crore while nearly doubling its revenue to Rs 226...
- India likely to meet FY27 fiscal deficit target despite spending pressures: Goldman SachsThe Centre appears on track to meet the fiscal deficit target set for FY27. Strong corporate tax collections are offsetting some revenue pr...
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