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Income tax

Govt proposes taxation changes related to REITs, InVITs

The government proposed to tax income distributed by business trusts like REITs and InVITs New Delhi: Seeking to widen the tax base, the government on Wednesday proposed to tax income distributed by business trusts like REITs and InVITs in the form...

Budget 2023: New tax regime a boon to retailers?

The FM’s announcement of an increase in tax rebate under the new tax regime in the Budget 2023 will result in more money in the hands of the middle class. But will it help revive consumption? By Nehal Gautam and...

Union Budget: FM unveils income tax relief, small saving sops a year before elections

The personal income tax rebate limit has been increased to Rs 7 lakh from the fiscal year starting April 1 under the new tax regime New Delhi: Finance Minister Nirmala Sitharaman on Wednesday raised the personal income tax rebate limit, doled...

IT relief offset by stimulus rollback: Budget 2010

The immediate reaction to the Union Budget 2010 presented by Finance Minster Pranab Mukherjee has been positive. The Sensex and Nifty registered sharp spikes, while most analysts called it a ‘balanced’ budget.The standout feature of Budget 2010 for common...

Titan triples profit in Q3

Titan Industries Limited has come up with a record performance, tripling its profit after tax to Rs.78.35 crore, in Q3 this year as against Rs 23.52 crore last year. The net profit in the same quarter last year however...

United Spirits Q2 profit falls to Rs 69.6 crore

United Spirits Ltd has announced the unaudited financial results for the quarter ended September 30, 2009. The Company has posted a net profit of Rs 696.00 million for the quarter ended September 30, 2009 where as the same was...

BUDGET BUZZ

Following are the Budget 2008-09 key points, which in some way might matter to the Indian retail fraternity. Indiaretailing penned down the following from Finance Minister P Chidambaram’s speech that was delieverd in the parliament today. • No change in...
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The Luxottica report card for 2022

A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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