Why has India’s corporate tax mop-up failed to match the pace of personal income-tax collection?
India’s corporate tax collection has struggled to keep pace with personal income tax in recent years due to factors such as better compliance, digitisation and wage rises in select service sectors. Since the COVID-19 pandemic began, the formalisation of the economy, better TDS compliance on salaries and a simplified tax regime have all contributed to […]
Cost overruns declined further in May to 19.86%
The anticipated costs of 1,681 projects were Rs 4.8 lakh crore, higher than the original cost of Rs 24.2 lakh crore. Nearly half of the infrastructure projects worth Rs 150 crore and more monitored by the ministry were delayed with respect to the original schedule, of which another 607 were delayed with respect to the […]
4 Bajaj stocks among 24 counters that will trade ex-dividend next week
The ex-dividend date for stocks is usually set one business day before the record date
Rate-setting panel member asks RBI to talk clearly for greater good
Jayanth Rama Varma, a member of the Reserve Bank of India’s monetary policy committee, has criticised the bank’s lack of transparency and its confusing stance on policy. Varma has called for the committee to be transparent with the public about its intentions in a clear manner. He claims the bank is still using coded language […]
Learn With ETMarkets: What are leveraged buyouts? Why is it relatively unknown in India?
A leveraged buyout (LBO) is a merger where an acquiring company borrows funds to buy another company, taking on significant debt, which is secured against the target company’s assets. LBOs are an attractive option for acquiring firms as it requires a smaller upfront investment, offering a high return on investment. Tata Tea’s buyout of the […]
Mind Over Money: From army roots to spirituality — Atul Shinghal’s 45-min routine key for mental health
Atul Shinghal, the CEO and founder of Scripbox, schedules 45-minute daily physical activity to stay focused and accomplish his goals. His daily routine includes activities like walking, badminton, or working out, combined with travel, good food, spending time with family, reading, crosswords and engaging conversations with peers. Shinghal believes that physical fitness is imperative for […]
Top execs of PTC India Finance responsible for governance lapses: Sebi
The Securities and Exchange Board of India (SEBI) has found PTC India Financial Services’ top officials, Rajib Mishra and Pawan Singh, responsible for corporate governance lapses in its investigation. The company’s directors had resigned previously citing serious governance lapses and accusing the chairman and CEO of running the company affairs single-handedly.
‘Lowering inflation can lift consumer spending, profits’
The Reserve Bank of India (RBI) has emphasized the need for “continuous vigil” on price movements in its State of the Economy report. The central bank’s economic research department claimed that stabilizing inflation expectations can revive consumer spending, boost corporate revenues and profitability, which would be the best incentive for private capex. The RBI’s economic […]