Tax dept invites public suggestions for I-T Act review (07-10-2024)
The Income Tax department on Monday invited public inputs for review of the six-decade old I-T Act with regard to simplification of language, litigation reduction, compliance reduction, and obsolete provisions. Pursuant to the Budget announcement by Finance Minister Nirmala Sitharaman for a comprehensive review of the Income-tax Act, 1961, the Central Board of Direct Taxes (CBDT) had set up an internal committee to oversee the review and make the Act concise, clear, and easy to understand, which will reduce disputes, litigation, and provide greater tax certainty to taxpayers.
Jaguar Land Rover records 3% drop in Q2 retail sales (07-10-2024)
Production declines 7% in Q2 due to aluminium supply disruptions
Piccadily Agro launches limited edition Indri’s ‘City Series’ for Bengaluru Duty Free (07-10-2024)
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MOIL records best September production & sales (07-10-2024)
With best ever September production of 1.46 lakh tonnes in September, 2024, MOIL continued its growth momentum. It has achieved production of 8.70 lakh tonne during first six months of the current financial year (April to September 2024), registering a growth of 7% over CPLY.
Sebi extends timeline for social enterprises to submit annual disclosures (07-10-2024)
Markets regulator Sebi on Monday extended the timeline to January 2025 for social enterprises, which have registered or mobilised funds through social stock exchange, to submit annual disclosures and ‘annual impact report’ for the financial year 2023-24.
Social enterprises were required to make annual disclosures and submit ‘annual impact report’ to the Social Stock Exchange (SSE) by October 31, 2024.
“The outer timeline for annual disclosures under Regulation 91C(1) and annual impact report under Regulation 91E(1) of LODR (Listing Obligations and Disclosure Requirements) Regulations by Social Enterprises on Social Stock Exchange, for FY 2023-24 has been extended up to January 31, 2025,” Sebi said in a circular.
The annual report involves details of general, governance and finance aspects and annual impact report to SSE captures the qualitative and quantitative aspects of the social impact generated by the social enterprise.
In case a Not-for-Profit Organisation is only registered
Jubilant Pharmova has a diversified & unique business model with new growth drivers. 30% upside (07-10-2024)
Jubilant Pharmova has a diversified & unique business model with new growth drivers & multiple triggers. It has growth visibility & revenue potential of $350 Mn. Co is embarking on a new earnings cycle. PAT has potential to grow 4x. TP ₹1450 (30%)
Jubilant Pharmova has a diversified & unique business model with new growth drivers. 30% upside
Jubilant Pharmova has a diversified & unique business model with new growth drivers. 30% upside (07-10-2024)
Jubilant Pharmova has a diversified & unique business model with new growth drivers & multiple triggers. It has growth visibility & revenue potential of $350 Mn. Co is embarking on a new earnings cycle. PAT has potential to grow 4x. TP ₹1450 (30%)
Jubilant Pharmova has a diversified & unique business model with new growth drivers. 30% upside