Fishing for better returns: Taking technology to shrimp farmers
India produced more than 7,00,000 tonnes of shrimp in 2019 and exported more than 6,20,000 tonnes to the United States, European Union, Japan and China. The production comes from around 1,70,000 ha of shrimp farms along the country’s coast, with Andhra Pradesh contributing a major share — of more than 4,00,000 tonnes.
CDSL Q3 profit drops 24%, income rises 10%
CDSL said it has taken a one-time charge for a non-recurring previous years' anticipated statutory...
Jio annual operating income may double in 2 years: CLSA
Jio added 14.8 million customers in the fiscal third quarter, and its user base stood...
India Inc expecting budget to lower personal income tax rates
Finance Minister Nirmala Sitharaman will increase the income tax exemption limit from Rs 2.5 lakh per annum currently, majority of respondents surveyed by tax consultancy firm KPMG opined. The majority of respondents also feel that the government in the forthcoming Budget to be unveiled on February 1 will increase the standard deduction and give more incentives for housing loans.
JM Financial net income jumps 14.6% in December quarter
The company's total income inched up 0.52 per cent to Rs 905.45 crore.
Not in favour of lowering income tax of very high earners: Kiran Mazumdar Shaw, Biocon
Govt needs to kick start investment cycle by focussing on infrastructure investment. Extending SEZ or initiating new export incentives would...
Mining ban: Household incomes fall by half in 5 states, says report
According to the report titled ‘Mining, A Prudent Perspective’, conducted by the Forum for Integrated Development and Research (FIDR), the ban on mining has not only affected the families dependent on mining but also the families whose livelihoods are dependent on the ancillaries of the mining industry.
20% TDS if employee doesn’t share PAN or Aadhaar: I-T dept
Centre had amended the law to make sharing of Aadhaar must in case someone does not have a PAN.
Cut in personal tax possible: CLSA
Any cut in income tax rates will be seen as a boost for discretionary companies.
Union Budget 2020: Why income-tax cut is a bad idea
Income tax cut would be ill-timed, given the huge shortfall in revenues after the steep cut in corporate tax.
Jewellers want cut in import duty of gold and in income tax in Budget 2020
Jewellers are expecting a reduction in import duty of gold and a cut in income tax for the common people in the upcoming Budget to spur demand. At present gold attracts an import duty of 12.5% and a GST of 3%.
Income tax dept warns taxpayers of phishing mails; lists out genuine senders
Digital frauds are on the rise and taxpayers too are not safe from it. To help you, the income tax department has released a list of trustworthy sources that a taxpayer should make a note of. Do not just trust any other source.
I-T raids at Bharat Group, undisclosed foreign assets recovered
The Income-Tax Department's searches on the Bharat Hotels group, that runs the chain of Lalit Hotels, has led to the detection of "undisclos...
Raids on Lalit hotels group, promoter led to Rs 1,000-cr black foreign assets: CBDT
"The investigation has successfully lifted the veil, leading to detection of undisclosed foreign assets of more than Rs 1,000 crore, apart from domestic tax evasion of more than Rs 35 crore which may lead to consequences under the Black Money Act, 2015, as also, action under the I-T Act respectively," the Central Board of Direct Taxes (CBDT) said.
Indian Bank Q3 profit jumps 62% to Rs 247 crore
The bank's profit in the year-ago period stood at Rs 152.26 crore.
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