Wednesday, Dec 11 2024 | Time 02:30 Hrs(IST)
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Business Economy


Net direct tax collections rise 18 pc in FY25 so far

New Delhi, Oct 11 (UNI) Net direct tax collections comprising of personal income tax, corporate tax, securities transaction tax (STT) and other taxes rose 18.35% year-on-year to Rs 11.26 lakh crore in the current financial year till October 10, 2024.
The net direct tax collection during the same period last financial year had stood at Rs 9.51 lakh crore.
As per data released by the income tax department, gross direct tax collection in the current financial year till October 10 stands at Rs 13.57 lakh crore thus registering 22.30% year-on-year growth over the same period a year ago.
Total refunds during the period stood at Rs 2.31 lakh crore, up 46% compared to Rs 1.58 lakh crore in the same period a year ago.
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Kottayam-Kochi rubber market rates

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Kottayam Dec 10(UNI) Following were the Rubber Market rates announced by the Rubber Board here on Tuesday per quintal.

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WhatsApp kicks off Bharat Yatra to train small businesses across India

10 Dec 2024 | 8:42 PM

New Delhi, Dec 10 (UNI) In a first-of-its-kind, mobile digital app WhatsApp has started a “unique” WhatsApp Bharat Yatra, an initiative aimed at providing on-ground, in-person training to small businesses across India to help small businesses fully leverage the capabilities of WhatsApp, enhancing their digital skills and business growth potential.

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Consumption of stainless steel in India grows 11 percent over FY23: ISSDA

Consumption of stainless steel in India grows 11 percent over FY23: ISSDA

10 Dec 2024 | 8:31 PM

New Delhi, Dec 10 (UNI) India’s per capita consumption of stainless steel has increased to 3.1 kilogram in 2023-24 from 2.25 kgs five years ago that is in 2018-19, even as the industry continues to grapple with challenges posed by the persistent dumping of substandard stainless steel, particularly from China, adversely impacting domestic manufacturers.

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Bharat Forge raises Rs 1,650 crore for debt repayment, growth initiatives

10 Dec 2024 | 8:23 PM

New Delhi, Dec 10 (UNI) Bharat Forge Limited has raised Rs 1,650 Crores with the closure of its qualified Institutional Placement (QIP). The issue witnessed significant interest across Domestic and Foreign Qualified Institutional investors resulting in more than 10X demand of the issue size.

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Varcas-Ryoto Electrix targets to set up 25,000 EV charging stations in Telangana

10 Dec 2024 | 8:07 PM

Hyderabad, Dec 10(UNI) Varcas-Ryoto Electrix , an eco-friendly mobility solutions and EV scooters manufacturer, on Tuesday announced to set up 25,000 EV charging stations for two-wheelers and three-wheelers in Hyderabad in the next year.

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