income tax

 

HC rejects plea of firm linked to Vadra against Income tax notice

Feb 17 2018

HC has rejected the plea of a Delhi-based hospitality firm linked to Robert Vadra challenging an income tax department notice to it for re-assessment of its profits.

Income Tax raids on Punjab ex-minister's corporate offices

Feb 16 2018

Income Tax officials conducted a raid on the corporate offices of various companies owned by the family of controversial former Punjab cabinet minister Rana Gurjit Singh.

IT raid cases not to be processed under e-assessment: CBDT

Feb 13 2018

CBDT, the policy- making body of the IT department, issued an instruction yesterday to further explain how the system would work, once fully operational.

Shell cos crackdown: Govt removes exemptions from ITR filing

Feb 12 2018

The govt has proposed to remove exemption available to firms with tax liability of up to Rs 3,000 from filing I-T returns beginning next fiscal.

Nasscom worried over fall in angel, series A funding

Feb 12 2018

Nasscom has once again expressed concern over the falling fund flows into startups and called for added focus to galvanise the entrepreneurial ecosystem.

Direct tax kitty grows 19% to Rs 6.95 lakh cr in Apr-Jan

Feb 09 2018

The govt's direct tax kitty swelled to Rs 6.95 lakh cr during the Apr-Jan period of the current fiscal, a growth of 19.3% over the year-ago period.

DeMo depositors, all cos should file ITRs by Mar 31: I-T dept

Feb 09 2018

The I-T dept urged those who deposited "large amounts of cash" post demo and all companies to file their returns by Mar 31.

Do not take coercive steps against startups: CBDT to I-T dept

Feb 07 2018

The CBDT has directed the taxman not to undertake "coercive" steps in recovering pending taxes from startups under a specific provision of the Income Tax Act.

1 lakh Income Tax notices sent to Bitcoin investors

Feb 06 2018

The Indian Income Tax Department has issued about one lakh notices to people who have invested in cryptocurrencies like Bitcoin.

I-T dept issues notices to crypto currency investors: Chandra

Feb 06 2018

"People who have made investments (in cryptocurrency) and haven't declared income while filing taxes and have not paid tax on the profit earned by investing."

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Global Markets

 

Stocks In News

 

SBI

To Issue Rs 8800 Cr worth equity shares on preferential basis to GoI

SBI puts Rs 1935 Cr worth loans up for sale to 24 entities

Seeks bids on cash basis or a mix of cash and security receipts

Approves Issue Price At Rs 300.82/Share For Preferential Issue To Govt

Financial Express Reports

POWER GRID CORP

Emerges as lowest bidder for Rs 1000 cr project

To set up Vindhychaal-Varanasi 765 KV transmission line

Financial Express Reports

RIL

Arm To Buy 65% Stake In Indian Film Combine Pvt For Rs 1,105 Cr

Arm To Also Buy 20% Of Indian Film Combine From Xander Group Arm, 45% from Co's Promoter Group

NATCO PHARMA

Announces successful regulatory inspection from USFDA for API Facility for Hyderabad Facility

AVIATION IN FOCUS

Jan Domestic Air Passenger Traffic At 1.15 Cr, Up 19.7% YoY

Air India Jan Passenger Load Factor At 84.6% vs 81.8% MoM

Jet Airways Jan Passenger Load Factor At 88.7% vs 88.5% MoM

IndiGo Jan Passenger Load Factor At 89.7% vs 90.8% MoM

SpiceJet Jan Passenger Load Factor At 95.0% vs 95.6% MoM

Air India Jan Market Share At 13.3% vs 13.1% MoM

Jet Airways Jan Market Share At 14.3% vs 14.6% MoM

IndiGo Jan Market Share At 39.7% vs 39.4% MoM

SpiceJet Jan Market Share At 12.6% vs 12.7% MoM

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