The Finance Bill, 2023, passed on Friday in the Lok Sabha without discussion, is set to tax investors heavily from April 1. The Bill, which gives effect to the tax proposals for FY24, was cleared amid the Opposition demanding a probe into the allegations against the Adani group.
A total of 64 amendments were proposed. These included the one that seeks withdrawing long-term capital gains tax benefits on certain categories of debt mutual funds and increasing securities transaction tax (STT) on selling options and futures contracts.
Esta historia es de la edición March 25, 2023 de Business Standard.
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Esta historia es de la edición March 25, 2023 de Business Standard.
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Election turnout 35 mn more in '24 than last time: SBI Research
In the six phases of the general elections, 578 million electorates have cast their votes, an increase of 35 million over 543 million in the previous Lok Sabha polls in 2019, according to SBI Research.
Farmers may decide strike rate in Punjab powerplay
BJP candidates across the state facing repercussions of the two farmers' protests
Emami PAT sees marginal uptick in Q4
Homegrown FMCG major Emami Ltd on Wednesday reported an increase of 3.62 per cent in its profit after tax (PAT) to ₹146.75 crore for the fourth quarter that ended on March 31, 2024 (Q4FY24).
'Non-metros emerging as notable contributors to fashion landscape'
Walmart-owned online fashion retailer Myntra is expecting 20 million visitors on the platform during its upcoming End of Reason Sale (EORS), SHARON PAIS, chief business officer (CBO), told Peerzada Abrar in an email interview. Pais says the demand for international fashion labels, particularly from Tier-Il cities and beyond, has seen a notable uptick. Edited excerpts:
Tata Steel profit falls 64%
Board okays infusion of up to $2.11 bn by subscribing shares of foreign arm
Trial to triumph: Adani Group firms send out message in annual report
This was billionaire Gautam Adani's (pictured) message to the shareholders of the ports-to-energy conglomerate.
JioMart to start 30-min delivery from next mth
Will start in top 8 metros; scale up to the top 20-30 cities
Varanasi, Detroit, Venice set to host Toyota's sustainability initiative
Varanasi, Detroit, and Venice have been selected to host a global initiative aimed at creating sustainable transportation solutions for cities as part of the 'Toyota Mobility Foundation's Sustainable Cities Challenge'.
Deepening presence in Tier-III may be Lal PathLabs' growth pill
India's largest diagnostic chain, Dr Lal PathLabs, which has managed to reduce its dependence on the Delhi-National Capital Region (NCR) for revenues by focusing on new geographies, is now aiming to penetrate further into its strong markets by expanding its presence in Tier-III and beyond towns.
Airfares to summer destinations defy heat, stay cool
Notwithstanding the sweltering heat engulfing major cities, travellers can find solace in the steady airfares to popular summer destinations like Srinagar, Bagdogra, and Kochi.
