India may miss tax collection target for 2019-20 by nearly Rs 2.5 lakh cr: Subhash Chandra Garg
Subhash Chandra Garg said corporate tax, excise duties and customs are likely to see negative growth in collections in 2019-20- something of the order of 8 per cent in corporate taxes, about 5 per cent negative growth in excise duties (Rs 2.2 lakh crore against Rs 2.31 lakh crore) and about 10 per cent lower collection in customs duty (Rs 1.06 lakh crore against Rs 1.18 lakh crore).
Share market update: PSU shares trade lower; HPCL slips 2%
The Nifty PSE index was trading 0.69 per cent down at 3252.80.
Share market update: Infra stocks mixed; IRB Infra rises 2%
Vishal Jain of Nippon AMC explains the pros and cons of ETF investing.
Share market update: Power shares gain; Siemens rises over 2%
The S&P BSE Power index was trading 0.33 per cent up at 1997.41 .
Share market update: OMCs trade in the red; HPCL dips 2%
The S&P BSE Oil & Gas index was trading 0.21 per cent down at 14,745.70.
Share market update: FMCG shares trade higher; Emami rises 2%
The Nifty FMCG index was trading 0.3 per cent up at 31332.15 .
Share market update: Metal shares decline; JSPL down nearly 2%
The Nifty Metal index was trading 1.18 per cent down at 2886.95.
Stock market update: IT shares gain; Just Dial up nearly 2%
The Nifty IT index was trading 0.22 per cent up at 16,382.10.
Share market update: Bank shares up; Yes Bank rises 2%
The Nifty Bank index was trading 0.43 per cent up at 31961.5 .
Share market update: Auto shares in the green; Motherson Sumi up 2%
The Nifty Auto index was trading 0.11 per cent up at 8394.6 .
Wholesale price inflation rises to 2.59% in December
A sharp rise in food articles inflation drove India’s wholesale inflation to 2.59 per cent in December, data released by the commerce and industry ministry showed.
Proposal looks to decriminalise 2/3rd offences under Companies Act
Proposed changes have been drawn from the report of the Company Law Committee (CLC), headed by corporate affairs secretary Injeti Srinivas. “Proposals to decriminalise about 44 of the compoundable offences under the Companies Act will be taken up by the cabinet,” said a senior official.
PlaySimple Games announces senior leadership appointments
These announcements come at a time when PlaySimple is looking towards the next phase of expansion after hitting a successful five-year milestone.
Uddhav Thackeray's swearing-in cost government Rs 2.79 crore
Shiv Sena president Uddhav Thackeray took oath as chief minister at the Shivaji Park ground in central Mumbai on November 28. Six other ministers from the Sena, Congress and NCP were also sworn in with him.
Siddharth Sedani’s 2 midcap picks for next one year
After two years of lull in midcaps and smallcaps, the valuation gap is now narrowing.
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