I-T Rolls Out ITR-2, 3
Taxpayers required to file ITR-2 or ITR-3 can now download the Excel utilities from the I-T department’s e-filing portal, fill in their details offline. Source link
Wockhardt exits US generics biz, to focus on innovative portfolio
Mumbai-based pharma major Wockhardt, which is gearing up to launch its promising antibiotic candidate Zaynich soon, on Friday announced a shift in its United States (US) operations. IMAGE: Habil Khorakiwala, founder-chairman of Wockhardt, poses for a picture at the company’s
Delhi HC stays Rs 1,140 crore angel tax demand against Oyo
The Delhi high court on Friday stayed a Rs 1,140 crore angel tax demand raised by the Income Tax department from hospitality and hotel aggregator Oyo’s parent company Oravel Stays Private Limited for the assessment year 2020-21. Photograph: Anushree Fadnavis/Reuters
India’s net direct tax receipts down 1.3%, corporate taxes slip 3.7%
India’s net direct tax collections contracted 1.3 per cent to about Rs 5.63 trillion as of July 10, with corporate taxes dropping 3.7 per cent and non-corporate taxes recording a fractional 0.04 per cent contraction, Income Tax department data released
‘Future Generali always wanted to outgrow the industry’
‘This will be our first large-size bank partner, and hence, the partnership will be a game-changer for us.’ IMAGE: Kindly note the image has been posted only for representational purposes. Photograph: Kind courtesy Tumisu/Pixabay.com As the Central Bank of India
Forex reserves drop by $3 bn to $699.74 bn
India’s forex reserves dropped by $3.05 billion to $699.74 billion in the week ended July 4, the RBI said on Friday. Illustration: Dado Ruvic/Reuters In the previous reporting week, the overall reserves had jumped by $4.85 billion to $702.78 billion.
Sensex tanks 690 points on selling in IT, auto stocks
Key benchmark indices Sensex and Nifty declined for the third session in a row on Friday, dropping nearly 1 per cent, dragged by heavy selling in IT, auto and energy stocks. Photograoh: Danish Siddiqui/Reuters Tariff-related uncertainties amid mixed global market
IPO Pipeline Swells with 118 DRHPs
The cumulative amount that companies filing their DRHPs this year are looking to raise is Rs 1.6 trillion, compared to Rs 1 trillion during H12024.. The filing of draft red herring prospectuses (DRHPs) picked up pace during the first half
June retail inflation likely to have cooled further on food prices
India’s consumer price index (CPI)-based retail inflation rate is likely to have cooled further in June, thus remaining below the 4 per cent target of the Reserve Bank of India (RBI) for a fifth consecutive month, giving the central bank
Priya Nair, 1st woman to become CEO-MD of HUL
Priya Nair will become the first woman CEO and MD of Hindustan Unilever Ltd (HUL) effective August 1, 2025, with India’s largest FMCG firm announcing her appointment on Thursday. Photograph: Courtesy, HUL Nair, currently president, Beauty & Wellbeing, Unilever, has