BSNL eyes Rs 1,000-cr revenue from Madhya Pradesh circle

Last Updated: Monday, September 7, 2015, 18:27

State-run telecom operator BSNL Monday said it aims to garner revenues worth Rs 1,000 crore in the current fiscal from Madhya Pradesh circle.

Service Tax Dept to focus on 5 evasion prone sectors

Last Updated: Sunday, September 6, 2015, 11:04

"With a view to improve collection, the Service Tax department has prepared sector specific profile of five sectors which are prone to evasion," a senior official told PTI.

Bad elements in tax dept to be dealt with: Revenue secy

Last Updated: Tuesday, September 1, 2015, 15:30

Promising just and fair decision in all tax matters, the new Revenue Secretary Hasmukh Adhia today said "bad elements" in the tax department will be identified and "taken care of" so that they don't spoil the investment climate.

Tata group's revenue rises to $108.8 bn; headcount crosses 6 lakh

Last Updated: Sunday, August 30, 2015, 17:55

Top corporate house Tata group's total revenue rose by over five percent to USD 108.78 billion in the last fiscal, while its total headcount crossed six-lakh mark with IT and communications business accounting for more than half of the overall staff strength.

Cipla gains 3% on strong revenue outlook

Last Updated: Friday, August 28, 2015, 11:54

Shares of Cipla Friday soared nearly 3 percent in morning trade on bourses after the company said it expects 20 percent growth in revenues in the current fiscal.

Govt may soon come out with circular on relief to FIIs on MAT

Last Updated: Monday, August 24, 2015, 22:25

The Revenue Department may soon come out with a circular on providing relief to FIIs from the minimum alternate tax (MAT) with retrospective effect.

Economy is in revival stage: Arun Jaitley

Last Updated: Monday, August 24, 2015, 13:42

“We are facing many global problems ,but we need to go with full determination on the roadmap laid as we know our strength,” Jaitley said.

Aurobindo to expand product basket; eyes $3bn revenues by FY18

Last Updated: Sunday, August 23, 2015, 11:04

The company has several levers to gain traction with a robust business model, a large differentiated product portfolio that addresses six key therapeutic areas and a growing presence in over 150 countries.

Revenue Dept probing entities over penny stock misuse: Das

Last Updated: Friday, August 21, 2015, 15:40

A day after Sebi clampdown on 59 entities misusing stock market for evading taxes, the government today said the investigation wing of the Revenue Department is probing companies which use the penny stock route for tax evasion.

No intention of banning P-Notes overnight: Rev Secy

Last Updated: Thursday, August 20, 2015, 19:30

Clearing the air on P-Notes, Revenue Secretary Shaktikanta Das Thursday said the government has no intention of banning these financial instruments overnight and it is examining how to improve the disclosures.

No more revenue stamp on PF withdrawal claims

Last Updated: Friday, August 14, 2015, 17:14

Retirement fund body EPFO has done away with the mandatory requirement of affixing one rupee revenue stamp on PF withdrawal claim forms.

Jet Airways shares fly high; surges 8% after Q1 earnings

Last Updated: Friday, August 14, 2015, 16:56

Shares of Jet Airways on Friday advanced by almost 8 percent after the company reported a consolidated net profit of Rs 226.4 crore for the first quarter ended June.