Moody's downgrades ONGC rating on uncertain oil prices, government guidelines on dividend
The rating agency downgraded ONGC's local and foreign currency issuer ratings to Baa2 from Baa1.
Covid-19 impact: Ed-tech companies reap dividend as schools, universities go online
Online users who have enrolled with Simplilearn for cours...
Coal India offers two years to subsidiary for paying dividend on preference shares
It was decided that an amount of Rs 444 crores should be p...
Govt now must do away with LTCG tax & TDS on mutual funds: Navneet Munot
Some of the government policies need to be rethought to ensure that domestic investors are in a position to take advantage of the indiscriminate selling that we are seeing from global investors, says the CIO of SBI Mutual Fund.
FM Nirmala Sitharaman may unveil steps to tackle Covid-19 today
FM is expected to announce measures to deal with the economic impact of Covid in reply to Finance Bill today.
Government may halve dividend income tax rate for big local investors
Plan to bring down the tax rate to about 20% may benefit individuals in highest tax bracket
Taxation of the digitized economy: Missing the bigger picture?
E-commerce companies already deduct 1 per cent TCS from sellers under the GST Act. The additional tax burden will strike a discordant note with the segment which enlists the lack of access to capital and high borrowing costs as its biggest barriers to growth and investments today.
Thermax announces 350% dividend for FY20
The board has approved payment of interim dividend of Rs 7 per equity share.
TCS interim dividend at Rs 12 a share
Tata Sons has heavily depended on cash from TCS or on the group selling shares of TCS to fund its other flagship businesses.
Coal India to pay ₹7,395 crore interim dividend
At present, the government holds 66.14% in Coal India and would be entitled to Rs 4,891 crore from the declared dividend.
Consultant may be hired to assess startup India drive
The consultant will identify challenges in regulatory approvals, taxation, ease of doing business, global expansion and facilitate startups in getting access to markets such as in private and public procurement, both in India and abroad.
Govt may halve dividend income tax rate for big local investors
Foreign companies, on the other hand, would have to pay anywhere around 5% to 15% tax on dividends depending on the tax treaty that India has with the country from where the investment is routed.
Emami buyback size likely to be Rs 900-1,000 crore
The buyback could raise promoter stake to about 58 per cent, sources said.
Coal India has ability to pay dividend of Rs 10,000 crore
The government has sold 4.8 per cent stake in the company for Rs 5,700 crore in two tranches.
View: Rid dividend tax of all uncertainty
A company is now required to pay DDT within 14 days from the date of declaration, distribution or payment, whichever is the earliest.
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