New Delhi (India), Feb. 1 (ANI): As the budget of the financial year 2017-2018 will be presented today, all eyes would be on how the defence sector would be treated this time. But, it is already known that this year's allocation for capital procurement is less than last year.
New Delhi [India], Jan 31 (ANI): With the Union Budget 2017 being announced tomorrow, Startup industry is expecting more incentives this financial year. According to the market leaders, Startups are looking forward to a continuing tax exemption as well as other tax-related incentives.
New Delhi [India], Jan. 30 (ANI): With several opposition parties, including the Congress, the Trinamool Congress (TMC), the DMK and the JD (U), against the early presentation of Budget 2017-18, Nationalist Congress Party (NCP) leader Majeed Memon on Monday said the government of Prime Minis
New Delhi [India], Jan 27 (ANI): The Central Board of Direct Taxation (CBDT) on Friday issued the provisions of General Anti Avoidance Rule (GAAR) contained in Chapter X-A of the Income Tax Act, 1961, with the provisions effective from assessment year 2018-19 onwards, i.e. financial year 201
New Delhi [India], Jan 25 (ANI-BusinessWireIndia): Shobhan Mittal, the CEO and joint MD of Greenply Industries Limited stated that he is expecting an eight to ten percent growth in revenues by end of financial year 2017.
New Delhi [India], Jan 9 (ANI): Union Finance Minister Arun Jaitley on Monday announced that the direct tax collection during the first nine months of the current financial year 2016-17 grew 12.01 percent on year to Rs 5.53 lakh crore.
New Delhi [India], Jan 6 (ANI): The Central Statistics Office (CSO), Ministry of Statistics and Programme Implementation on Friday released the First Advance estimates of national income at constant (2011-12) and current prices, for the financial year 2016-17.
New Delhi [India], Dec. 27 (ANI): Prime Minister Narendra Modi on Tuesday said that the date of budget presentation is being advanced so that expenditure is authorised by the time the new financial year begins.
New Delhi [India], Nov 10 (ANI-BusinessWireIndia): Morepen Laboratories Ltd. has reported a 118 per cent rise in its net profit (profit after tax) for the Second quarter (Q2) of FY 2016-17. The net profit increased to Rs. 7.03 crore in Q2 of FY 2016-17 from Rs. 3.22 crore in the Q2 of the pr
Thrissur (Kerala) [India], Oct.27 (ANI-Businesswire India): During the first half of the financial year 2016 -17 Catholic Syrian Bank has registered the highest ever net profits during the first half, in the entire history of the 96 year old organization. Backed by surge in treasury profits