Mumbai (Maharashtra) [India], Jan 20 (ANI): ICICI Securities on Monday reported consolidated revenue of Rs 423 crore in the third quarter of the current financial year (Q3 FY20) against Rs 405 crore in Q3 FY19, up 4 per cent aided by growth in retail equities and allied business.
New Delhi [India], Dec 19 (ANI): Finance Minister Nirmala Sitharaman on Thursday held her sixth pre-Budget consultations with leading industrialists who called for a reduction in personal income tax rates to revive consumption amid the continuing economic slowdown.
New Delhi [India], Dec 10 (ANI): Investments in human capital enhance productivity while improvement in productivity creates jobs, Chief Economic Advisor Krishnamurthy Subramanian said on Tuesday.
Gurugram (Haryana) [India], Nov 13 (ANI): Government-owned RITES Ltd said on Wednesday that recent cut in corporate tax rates helped boost its standalone operational profit after tax of Rs 233 crore in the second fiscal quarter, up 115 per cent from Rs 108 crore in the corresponding period o
Mumbai (Maharashtra) [India], Nov 1 (ANI): Private sector lender Yes Bank on Friday reported a whopping loss of Rs 600 crore in the second quarter of current fiscal year (Q2 FY20) due to a one-off deferred tax asset (DTA) adjustment of Rs 709 crore on account of change in corporate tax ra
New Delhi [India], Oct 21 (ANI): The winter session of Parliament will commence from November 18 with the government expected to take forward its legislative agenda that includes replacing two ordinances on -- corporate tax rate cuts and e-cigarettes and e-hookahs -- with bills.
Mumbai (Maharashtra) [India], Oct 19 (ANI): L&T Finance Holdings (LTFH), a diversified non-banking financial company, has posted nearly 68.92 per cent drop in its net profit at Rs 174 crore for the July to September quarter compared to Rs 559 crore in the same quarter of last year.
New Delhi [India], Oct 4 (ANI): Reduction of interest rate by 0.25 per cent by the Reserve Bank of India (RBI) and the accompanying dovish statement keeps the door open for future reductions to revive economic growth amid volatile global trade, experts said on Friday.
New Delhi [India], Sep 30 (ANI): The recent announcement by the government to lower the corporate tax rate is a positive development for the power sector as it will allow power generators with cost-plus power purchase agreements (PPAs) to pass on lower tax benefit to power distribution utili
New Delhi [India], Sep 28 (ANI): ICRA Ratings has said that the recent corporate tax rate cut announcement by the central government with the intention of pump-priming economic growth, attract more investments and ultimately spur consumption augurs well for the industry.
New Delhi [India], Sept 27 (ANI): Union Finance Minister Nirmala Sitharaman will hold a meeting in Delhi with secretaries and financial advisors of key selected ministries to review the total CapEx by the ministries in 2019-20 on Friday.
Agartala (Tripura) [India], Sept 24 (ANI): Chief Minister Biplab Kumar Deb on Tuesday hailed the Centre's decision to slash corporate tax rates and said the decision would attract huge foreign investments into the country.