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SEVERANCE PACKAGE TAXATION
Techie, who once paid Rs 1 crore tax, breaks down on X after lay off: ‘Thank you…’A tech professional recently took to X to lament the country’s pitiable social security system. He said that even though, once he paid Rs 1...
UltraTech Cement Q4 Results: Profit rises 20% YoY to Rs 2,983 crore; co declares Rs 240/share dividendUltraTech Cement Q4 Results: UltraTech Cement announced a significant 20% rise in its net profit for the fourth quarter. The company also r...
Crypto tax a block for blockchain? Industry dividedSome believe tax a barrier to growth of ecosystem, others say it’s more help than hindrance
View: Retrospective tax should be seen in the context of making India’s investment climate stableThe Taxation Laws (Amendment) Bill, 2021, is a transformational piece of tax legislation, and not just because of its scope and content, bu...
FM Nirmala Sitharaman attends G20 Central Bank Governors' MeetUnion Finance and Corporate Affairs Minister Nirmala Sitharaman has participated virtually in the First G20 Finance Ministers and Central B...
Covid-19 dents ITC’s Q1 performance, warns local lockdowns posing a challenge: Key takeawaysThe company said that other than the hotels segment, progressive normalisation was witnessed in the latter part of the first quarter across...
Big 4 audit companies may suffer revenue hit due to conflict of interest normsCommittee of experts seeks curbs on kind of services foreign firms can offer audit clients.
Govt begins review of tax, other norms for startupsWhile PM had announced a policy almost two years ago, several elements of the package need to be recalibrated due to feedback received from...
GST council may keep tax load on cars below 50 per cent, cheer home budgetsThe Council will also formulate a mechanism to deal with businesses that are deregistering their brands to avoid taxes after the rollout of...
GST is a win-win for all: Consumers, businesses and government: Venkaiah NaiduThe game-changing ‘one nation, one market, one tax’ is the biggest taxation reform since Independence and is expected to benefit both the t...
India Inc 'enthused' by Cabinet reshuffle: AssochamAssocham said it expects several new measures and decisions in the coming days and weeks, including announcement of new the RBI Gov to furt...
Reconstituted India-UK CEOs Forum's first meeting todayAs Modi begins the second day of his three-day visit, deals worth nearly 9.2-billion pounds have already been announced.
- ITC reports 21.2% jump in net profit at Rs 1836.42 crore; no impact on cigarette sales despite increase in taxes
Its net profit rose to Rs 1,836 cr ($345.60 mn) for the quarter ended Sept. 30, up from Rs 1,510 cr a year earlier.
- Concern over tax evasion: India, Mauritius vow to early pact
Amid concerns over Mauritius being used as a major route for avoidance of taxes on investments by Indian companies, PM Manmohan Singh and h...
- Jewellery in branded packs to be taxed too
To avoid the levy, several manufacturers switched to embossing their brand name only on jewellery pouches and boxes instead of the product.
- Budget 2011: Government to end confusion over software tax
Confusion largely stems from the fact that software is sometimes treated as a good when sold on a CD, while it is considered a service when...
- ITC Q2 profit shoots up 24% to Rs 1,247 crore
Multi-business conglomerate ITC on Friday reported a 23.5% y-o-y growth in net profit to Rs 1,247 crore for the second quarter (Q2) ended S...
- Foods, farm lift ITC net 22% to Rs 1,070 cr
ITC on Thursday reported a 21.8% year-on-year growth in net profit for the first-quarter (Q1) ended June 30, 2010, to Ra 1,070.3 crore agai...
- Coke, Pepsi join hands for beverage association
Coca-Cola & Pepsi have come together along with other beverage makers, bottlers to form the Indian Beverage Association. Best champagnes | ...
- IT cos should act to tide over US recession crisis
India’s IT industry will feel the heat of US economy in recession, but the outlook to the current situation should be one of cautious optim...