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Advance tax receipts rise 6.4% in March qtr
Financial Express Delhi
|March 19, 2026
Direct tax mop-up slightly short of RE
THE MARCH-QUARTER (Q4 FY26) instalment of advance taxes expectedly lagged the year-ago growth by a wide margin, causing the overall growth in direct tax receipts so far to fall marginally short of the revised estimates (RE).
According to data released by the Central Board of Direct Taxes (CBDT), the Centre’s advance tax collections for Q4 FY26 from companies, LLPs and individuals rose by 6.42% on year, compared with a 14.62% growth seen in the year-ago quarter. This was owing largely to the massive personal income tax relief announced in the Budget FY26. In absolute terms, Q4 advance tax collections stood at ₹11.13 lakh crore as on March 17.
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Financial Express Delhi
M&M offers buyback to early BE 6 limited edition buyers
MAHINDRA & MAHINDRA (M&M) has offered a buyback option to early customers of its BE 6 Batman Edition electric SUV, following backlash over the reintroduction of what was marketed as a limited-edition model.
1 min
March 19, 2026
Financial Express Delhi
Consumer courts facing shortage of staff, leaders
NEW NATIONWIDEASSESSMENT BY THE INDIA JUSTICE REPORT
2 mins
March 19, 2026
Financial Express Delhi
Nazara to buy 2 Spanish gaming firms for $100 mn
DIVERSIFIED GAMING AND sports media firm Nazara Technologies on Wednesday said its UK-based subsidiary willacquire a 50% controlling stake in Spanish social gaming platforms Bluetile Games and BestPlay Systems for $100.3 million (about %918 crore).
1 min
March 19, 2026
Financial Express Delhi
Iran's huge gas field struck in big escalation in W Asia
IRAN’S HUGE PARS gas field was hit on Wednesday in the first reported strikes on Iranian energy infrastructure in the Gulf during the US-Israeli war, a major escalation that prompted Tehran to warn its neighbours that their energy installations would be targeted “in the coming hours”, reports Reuters.
2 mins
March 19, 2026
Financial Express Delhi
Rupee drifts to new lows amid tensions
THE RUPEE DEPRECIATED to a fresh low against the dollar on Wednesday as crude oil prices remained above the $100 /barrel mark fuelled by the war in West Asia.
1 min
March 19, 2026
Financial Express Delhi
Microsoft mulls legal action over Amazon-OpenAI deal
MICROSOFT IS CONSIDERING legal action against its partner OpenAI and Amazon over a $50 billion deal that could violate its exclusive cloud agreement with the ChatGPT maker, the Financial Times reported on Wednesday.
1 mins
March 19, 2026
Financial Express Delhi
Relief rally lifts IT stocks as Al jitters subside
INDIAN IT STOCKS sawarecoveryonWednesday,with the Nifty IT index rebounding after the previous session’s underperformance, as investor sentiment steadied following brokerage commentarythat tempered concerns around AI-led disruption.
1 mins
March 19, 2026
Financial Express Delhi
Social feeds power micro-drama boom: Report
MICRO DRAMAS ARE rapidly emerging as a new content category in India, with social media feeds driving discovery for a vast majority of viewers, according to a joint report by Meta and Ormax Media.
1 min
March 19, 2026
Financial Express Delhi
Firms pivoting from China shedding to maxxing
SOME OF CHINA'S most successful global companies have spent years masking their origins to sidestep Western scrutiny.
2 mins
March 19, 2026
Financial Express Delhi
Spot LNG prices rise sharply
Govt makes ad hoc provision of ₹600 crore for fertiliser plants
2 mins
March 19, 2026
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