“The noise around weaker tax revenue has marred the government’s fiscal profile four months into FY24. What strikes us here is that the weakness in tax revenue has been led by a 10% contraction in corporate tax collections in 4MFY24 (April-July) vs 11% budgeted growth for the year,” wrote Madhavi Arora and Harshal Patel, economists at Emkay Global Financial Services.
Astonea Labs IPO allotment: Here’s how to check status, listing details and what GMP signals
Astonea Labs’ IPO allotment is expected to be finalized today, with shares potentially credited to successful bidders by June 2 and listing on June 3.
May 30, 2025