Tax experts are nudging the authorities to figure out why so many assessees are not filing their returns.
Trading in Samvat 2074 on Thursday got off to a rocky start, with the benchmark indices ending more than half a percent lower and the gauge for banking stocks dropping 1.25%.
Deadline ends, after two extensions and only 70% file detailed return for July
This flight of capital began in early August due to risk-aversion created first by rising geopolitical tensions due to North Korean aggression and second by the US Fed's decision to shrink its balance sheet
Batting for greater transparency, a Sebi panel said sound corporate governance helped companies generate "significantly greater returns".
Highest-ever mobilisation in first half of any fiscal year; bankers expect the trend to continue, given strong pipeline
Poor performance of the banking, oil and exploration industries have impacted corporate tax collections.
A corpus of Rs 20,000-30,000 crore is under consideration, to narrow the input tax credit cycle and facilitate their working capital requirements.
The gap between Nifty's price-earnings multiple and economic growth is at a 12-year high
Market regulator is trying to build a large team of software experts for efficient monitoring and surveillance
The chief statistician feels there should be a rebound after companies integrate and adopt the GST system
The income tax department has a steep collection target of Rs 9.8 lakh crore during 2017-18, rising 15.7 per cent from a year ago.
Apart from Modi, Jaggi Vasudev to address 2-day tax officers' conference
Of the 11,000 kg imported between July 1 and August 9, around 90 per cent was brought in by two business groups which took advantage of the favourable reduction in tax incidence under GST, routing their imports through Korea.
After initiating stern action against 331 companies, the market regulator seems willing to revoke its stringent restrictions for some entities.
Market regulator scours platforms to establish link between traders and those who share info.
Steps such as safeguard duty in the works to plug the route
They own 27.5% in top 75 listed firms; investments bounce back after falling two straight quarters
The clarification comes amid reports that sweet shops have discontinued chocolate barfis and chocolate sandesh.
Kenneth Rogoff, professor of public policy and economics at the Harvard University, tells Dilasha Seth on the sidelines of the Delhi Economics Conclave that public sector banks will need to take a one-time haircut to address non-performing assets.
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