Analysts are raising earnings per share (EPS) estimates for many large companies after Q4, reversing previous downgrades. This positive shift is attributed to increased government spending and a rise in consumer demand. The Nifty’s EPS is projected to grow significantly, driven by accommodative monetary policy and continued government investment, boosting investor confidence.
DGGI set to fire up GST recovery drive against gaming firms after Supreme Court’s backing
The Directorate General of GST Intelligence will now aggressively pursue tax recovery from online gaming companies after the Supreme Court upheld a 28% GST levy