[ad_1] Offline ITR-1,4 forms FY 2023-24 released: The Income Tax Department has released the offline ITR 1 and ITR 4 forms for the financial year 2023-24 (Assessment Year 2024-25). The department released offline forms (JSON utility) for ITR-1 and ITR-4 on March 18. These forms will be applicable for filing from April 1, onwards.According to…
[ad_1] CHANDIGARH: The Goods and Services Tax (GST) collection in Punjab jumped 15.69 per cent to Rs 19,222 crore in the current financial year so far, while the state’s excise revenue rose 11.71 per cent to Rs 8,093.59 crore. The net GST collection up to February in the current fiscal year stood at Rs 19,222.5…
[ad_1] NEW DELHI: Car wholesales remained strong in February as the industry races to a record 42-lakh-plus mark for first time in a financial year in 2023-24. All top players, including Maruti Suzuki, Tata Motors and Mahindra & Mahindra, despatched healthy numbers to retail outlets as industry inventory remains at moderate level of around a…
[ad_1] BENGALURU: The 2023-24 financial year will be a near washout for Indian IT services in terms of growth and hiring. Nasscom‘s latest estimates for the year suggest that India’s IT exports will grow at 3.3% in constant currency to $199 billion in the 2023-24 financial year, less than a third of the 11.4% it…
[ad_1] BENGALURU: Cognizant‘s headcount shrank by 7,600 employees to 3.4 lakh employees in the 2023 financial year compared to the corresponding period last year. The reduction in net hiring in several IT firms reflects subdued macroeconomic indicators, continued pressure in banking and financial services, decision-making cycles are now longer, and there’s softness in discretionary spending.The…
[ad_1] VISAKHAPATNAM: The Dredging Corporation of India Limited (DCIL) a leader in the Dredging Industry, posted a profit of Rs. 27.22 crore for Quarter Three (Q3) of 2023-24 financial year as against Rs 13.84 crore for the same quarter last year.The DCI announced its Earnings per share (EPS) is at Rs. 9.72 for Q3. The…
[ad_1] MUMBAI: The Reserve Bank of India on Thursday projected a GDP growth of 7 per cent for 2024-25 financial year, which is lower than the 7.3 per cent expansion estimated for the current fiscal. Announcing the bi-monthly monetary policy, RBI governor Shaktikanta Das said rural demand continues to gather pace, urban consumption remains strong…
[ad_1] NEW DELHI: Government will have to either trim expenditure or target higher revenue to meet the 5.9% fiscal deficit target for the current financial year as the nominal GDP is estimated to grow slower than the budget estimate.Against an estimated nominal GDP of around Rs 302 lakh crore, which translated into 10.5% growth, the…
[ad_1] KARACHI: Pakistan’s inflation rate will ease to around 20-22% in the 2024 financial year, the central bank governor said on Friday in a report issued weeks ahead of a national election which could help restore political and economic stability to the country. The bank will continue to take decisions to prevent high inflation from…
[ad_1] MUMBAI: Foreign exchange reserves jumped by $9.1 billion during the week ended December 15 to $616 billion – the highest level in 20 months.Since the beginning of the financial year, forex reserves have risen by $37.5 billion following dollar purchases by RBI. The central bank has been rebuilding the reserves. [ad_2] Source link