Business

FM asks I-T to rapid direction of ITRs, refunds

Finance minister Nirmala Sitharaman on Tuesday asked the Income-Tax department to quickly process tax returns, issue refunds and redress grievances.Sitharaman said pending cases need to be resolved expeditiously and that the department could run a campaign for this on the lines of public sector banksDespite Covid-19 related challenges,she said direct tax collections had sustained the…

Published

2 years ago

September 27, 2022

Shrishti

FM asks I-T to rapid direction of ITRs, refunds

Finance minister Nirmala Sitharaman on Tuesday asked the Revenue-Tax department to rapid direction of tax returns, concern refunds and redress grievances.Sitharaman stated pending conditions need to be resolved rapid and that the department may well per chance per chance inch a advertising and marketing and marketing campaign for this on the lines of public sector banksDespite Covid-19 connected challenges,she stated affirm tax collections had sustained the momentum and exercise of expertise had closed the gap between affirm tax and indirect tax collections.She outlined three ‘R’s that the department need to tranquil notice — faster processing of returns…
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Business

Main person cos to proceed capex

Several leading consumer facing companies including Hindustan Unilever, Britannia, Voltas, Havells, Blue Star and Titan Company are going to continue their high capital expenditure (capex) and expansion this fiscal as that in FY23, senior executives told ET and analysts in recent earning calls.Much of the capex is ear-marked for new factories…

Published

1 year ago

May 16, 2023

Shrishti

A lot of main person facing companies together with Hindustan Unilever, Britannia, Voltas, Havells, Blue Smartly-known person and Titan Company are going to proceed their excessive capital expenditure (capex) and growth this fiscal as that in FY23, senior executives informed ET and analysts in contemporary incomes calls.Much of the capex is ear-marked for ticket spanking contemporary factories…
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