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₹1.78 trillion. This is the second-highest monthly mop-up since the tax regime was implemented in mid-2017, topped only by April 2023’s intake of ₹1.87 trillion. For the latest fiscal year ended 31 March, GST revenue stood at ₹20.1 trillion, a 12% increase.

FAME scheme on March 31.. The govt had earlier said that subsidies under the second phase of Faster Adoption and Manufacturing of Electric Vehicles in India (FAME-II) programme scheme will be eligible for e-vehicles sold till March 31, or till the time funds are available.

buy India, sell China" has reached an inflection point for some investors. Lazard Asset Management, Manulife Investment Management and Candriam Belgium NV are paring exposure to India after a record-breaking rally. They’re pivoting to former favourite China, as Beijing’s support for its economy spurs a recovery in industrial profit and manufacturing.

Raymond James is starting April off on a strong note as it lands a billion-dollar powerhouse on the West Coast.

Moreover, these cabinets offer practicality by allowing you to arrange all your bar essentials in one centralized place. You can neatly organize your liquor bottles, glasses, mixers, and bar tools with dedicated shelves, racks, and compartments. This creates a visually appealing display and makes it convenient for you to access and use your bar items whenever needed. The beauty and grace of a well-organized bar cabinet can transform your living area into a sophisticated and welcoming space for entertaining guests or enjoying a relaxing drink after a long day.

₹341 crore by the Income Tax department for the assessment year 2020-21. “Infosys Ltd on March 31, 2024, received order under Section 201 & 201(A) of the Income Tax Act, 1961 from the Income Tax Department, Government of India for assessment year 20-21 with a tax demand of ₹341 crores (including interest)," the company said in an exchange filing. Also read: Infosys to receive windfall tax refund of ₹6,329 crore from income tax department The company is currently assessing the ramifications of this directive on its financial statements for the quarter and fiscal year ending on March 31.

NEW DELHI : India's coal production touched a new high of 997.4 million tonnes in fiscal year 2024 (FY24), marking an 11.67% increase from the previous year, but falling short of the 1-billion-tonne target, the coal ministry said in a statement on Monday. In FY23, output stood at 893.19 million tonnes. However, the cumulative production of coal and lignite surpassed the milestone with a record 1.04 billion tonnes, the ministry said.

credit score is different across credit bureaus such as CIBIL, Equifax and Experian? For instance, what if your CIBIL score is 760 whereas the one on Equifax is 740. Is this possible and if yes, why? Well, credit score ranges can certainly vary, albeit slightly, among different credit bureaus, but they fall within similar ranges. The most common credit scoring model is the FICO score, which is between 300 and 850.

Crisil Ratings on Monday said the credit quality outlook for Indian corporates remains positive for the April-September period of the 2024-25 fiscal year with upgrades continuing to outpace downgrades. In the last fiscal year, Crisil gave 409 rating upgrades and 228 downgrades. Some export-linked sectors, such as textile and seafood, saw a higher downgrade rate due to subdued global demand or high-cost inventory that impacted profitability. «India Inc's credit quality outlook is positive for the first half of fiscal 2025 with upgrades expected to outnumber downgrades. Multiplier effect of government capex will continue to drive infrastructure and linked sectors. Healthy balance sheets will continue to support the credit quality outlook, with capex funding seen prudent,» Crisil Rating said. It said the outstanding bank credit is expected to cross Rs 200 lakh crore by March 2025, from Rs 172 lakh crore a year ago, even though there would be moderation in the rate of credit growth.

RBI Monetary Policy Committee Meeting: The first policy meeting of the central bank's rate-setting panel for FY25 is scheduled this week from April 3-5, 2024. The Reserve Bank of India (RBI) has announced its schedule for the monetary policy committee (MPC) meetings in the upcoming financial year 2024-25 (FY25), which begins on April 1, 2024. After the April meet, subsequent meetings are set for June 2024, August 2024, October 2024, December 2024, and February 2025.

Gary Oldman, the series follows a group of MI5 misfits known as the 'slow horses,' stationed at Slough House.

Several Quebec Tim Hortons franchisees are taking the brand’s owner to court, blaming what they describe as unreasonable constraints in the company’s licensing agreements for lower-than-expected profits.In a lawsuit filed in Quebec Superior Court on Thursday, 16 companies with Tim Hortons franchise licences allege the TDL Group Corp.’s contracts “place it in a position of absolute dominance” over their combined 44 restaurants.“Through these Tim Hortons licence agreements … TDL controls every essential lever involved in the running of a restaurant,” from deals with suppliers to equipment,” the plaintiffs allege in their application.TDL also sets prices for both menu items and the ingredients restaurants need to make them, the lawsuit contends.Yet TDL’s policy of fixing prices didn’t adapt to the market, the franchisees assert. They argue the franchisor’s rules leave them “no room for maneuver” and impose costs they are unable to match in sales.

Panasonic Group will form a joint venture with Indian Oil Corporation Ltd (IOCL), the nation's biggest oil firm, to manufacture cylindrical lithium-ion batteries. Panasonic Energy Co Ltd, a group firm of Japan-based multinational electronics company, has signed a binding term sheet and initiated discussions with IOCL «to draw a framework for the formation of a joint venture» to manufacture cylindrical lithium-ion batteries, said a statement on Sunday. «This initiative is driven by the anticipated expansion of demand for batteries for two- and three-wheel vehicles and energy storage systems in the Indian market,» it added. Cylindrical lithium-ion batteries are commonly used in consumer electronics, power tools, and electric vehicles. Panasonic Energy is a maker of automotive lithium-ion batteries.

Nirmala Sitharaman was heavily criticized by social media users over her statement saying that the Bharatiya Janata Party (BJP) welcomes everyone, even the political leaders with tainted images. “The party (BJP) is very open. We welcome everybody here.

Solar Eclipse of 2024. It is also referred to as Surya Grahan and a total solar eclipse which happens when the moon moves in front of the Sun and Earth, partially or obscuring the Sun's face. 1) This time, there will be a total solar eclipse that can be seen across North America including the United States, Canada, Mexico, and other countries.

Nifty 50 ended FY24 on buoyant note logging their best performance in three fiscal years, gaining 29 per cent in FY24, while Sensex rose 24 per cent. Nifty 50 has advanced 2.74 per cent in the January-March quarter, extending gains for four straight quarters in a row.

Marico took an indirect dig at NR Narayana Murthy's 70-hour work week remark at the Mint India Investment Summit 2024 on Saturday, March 30. Talking about recruitments and workplace culture, Mariwala said, "You have to ensure that every person in the organisation is motivated to work 70 hours, not just say it.'' Mariwala also said that when recruiting, he prioritizes three aspects: internal drive for success, alignment with our culture, and the ability to identify and resolve key issues.

Kalyan Jewellers, Tanishq, Malabar Gold & Diamonds, Joyalukkas and Senco Gold are staying away from lab-grown diamonds (LGDs) citing low demand and an aversion to mixing them with natural stones at counters. Nonetheless, the buzz over such stones — much cheaper than natural diamonds and indistinguishable from them — is getting louder, with higher sales in markets such as the US and government stimulus budgeted in India. Top retailers still feel the local market is not yet ready to accept LGDs like the US, as artificial diamonds are popularly considered fashion jewellery and not an asset with resale value.

iFOREST), a prominent environmental research think tank, released new research findings showing that Assam is blessed with significantly higher renewable energy (RE) generation potential than previously assessed by central government agencies. The reassessed RE potential is adequate to support a low-carbon pathway to meet the state's growing electricity demand. While an increased commitment to RE projects is already visible in the state, there are limitations to growth that need to be addressed through policy tightening and institutional capacity building. The research reports titled «Assam Renewable Energy Potential Reassessment: Focus on Solar, Wind, and Biomass,» «Enabling Renewable Energy Growth in Assam,» and «Impact of ISTS Waiver on Economics of Solar Power Procurement in Assam» were released in Guwahati during a multi-stakeholder dialogue organized by iFOREST.

Among the seven startups selected under Cisco and Social Alpha’s Krishi Mangal second edition, Pune-based Proximal Soilsens Technologies Pvt. Ltd. stands out due to the uniqueness of their product and its relevance for farmers. Launched in 2021, Krishi Mangal is a scale-up accelerator program that supports agritech startups to design solutions for and support smallholder farmers.

In the realm of personal loans, the interest rate structure stands out as a crucial consideration. Borrowers typically encounter two primary options: Fixed and variable interest rates, each presenting its array of benefits and considerations.