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Indian stock indices witness a steady start to a new week; Sensex-Nifty la
Updated : 1 year, 10 months ago IST
The benchmark indices Sensex and Nifty closed flat on Monday. The market in the initial trading hours was buoyed by the reduction in windfall tax on crude oil and favourable global cues, ending flat after the trading session.
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Decline in bank deposits is also because of non-uniform tax treatment on v
Updated : 1 year, 10 months ago IST
On the concern over the recent decline in bank deposits, the State Bank of India (SBI) in its latest report asked for tax reforms. The report says tax Reforms for Deposits can accentuate the banking system's stability and resilience to next level.
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UAE: Federal Tax Authority organises 40 events in six months to raise awar
Updated : 1 year, 10 months ago IST
In a press release issued today, the FTA revealed that the number of participants joining Corporate Tax awareness activities increased to 8,220 in-person and virtual attendees across all emirates in the first six months of 2024, compared to 7,520 participants in the same period of 2023, mark
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Pakistan: FBR imposes PKR 60,000 monthly advance Tax on Karachi traders
Updated : 1 year, 10 months ago IST
The Federal Board of Revenue (FBR) has issued a notification to traders in Karachi, demanding them to pay an advance tax of Pakistani currency (PKR) 60,000 per month under the Tajir Dost Scheme.
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Sharp cut in windfall tax on crude petroleum, effective today
Updated : 1 year, 10 months ago IST
The windfall tax on petroleum crude will be reduced to Rs 2,100 per metric ton from Rs 4,600 per ton, according to an official gazette notification. The new rate will be effective from Saturday, August 17, 2024.
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Cabinet approves significant aviation infrastructure projects at Bagdogra,
Updated : 1 year, 10 months ago IST
The Cabinet Committee on Economic Affairs (CCEA) on Friday approved the development of new civil enclaves at Bagdogra and Bihta airports, the Ministry of Civil Aviation said in a release.
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String Metaverse (Bio Green Papers, BSE: 534535) Reports Q1 FY25: Rs 50.02
Updated : 1 year, 10 months ago IST
New Delhi [India], August 16: String Metaverse LTD, following its merger with Bio Green Papers Limited (BSE: 534535) as approved by the Honourable National Company Law Tribunal (NCLT) under the scheme of arrangement of the Insolvency and Bankruptcy Code (IBC), has reported robust financial r
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Israel has new task force on employment of illegal residents
Updated : 1 year, 10 months ago IST
Israel's Tax Authority and Population and Immigration Authority announced a joint task force to eradicate the employment of foreign workers who do not have work permits and to arrest their employers.
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IT Department summons Assam Congress leader Bhupen Borah
Updated : 1 year, 10 months ago IST
An official release by the Income Tax Department stated that Bhupen Kumar Borah's attendance is required in connection with the proceedings under the Income Tax Act 1961.
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Women in Pakistan's Karachi protest against soaring inflation and heavy ta
Updated : 1 year, 10 months ago IST
Several members of the Jamaat-e-Islami Paksitan on Thursday organised a protest in Karachi, raising their concerns against the soaring inflation and unfair taxes imposed by the government.
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Nifty's rise from 1100 to 25,000 reflects India's economic evolution and s
Updated : 1 year, 10 months ago IST
As the nation celebrates its 78th Independence Day, it reflects on a journey marked by numerous challenges and fluctuations. Similarly, the country's stock markets have experienced their own ups and downs but have shown significant growth and resilience.
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Max Life total APE grows by 31 per cent and Profit before Tax by 46 per ce
Updated : 1 year, 10 months ago IST
Noida (Uttar Pradesh) [India], August 14: Max Financial Services Limited has recorded consolidated revenue^ of Rs7,709 crore in Q1 FY25, a 21% growth buoyed by higher investment income. The consolidated revenue excluding investment income at Rs5,235 crore grew by 11% year-on-year during t
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