An unexpected development in this year’s budget was the proposal to tax share buyback income. Finance minister Nirmala Sitharaman proposed that income received on share buybacks should be taxed for the recipients. “It is proposed that the income from buyback of shares by companies be chargeable in the hands of […]
companies
Q1 results today on July 13: At least five companies are set to announce their FY25 first quarter (Q1) financial results today, on Saturday, July 13. The Q1FY25 earnings season started from July 8 and many prominent companies have announced their first quarter or Q1 results this week. A host […]
Eight of India’s ten most valued companies collectively gained ₹3.28 lakh crore in market valuation last week, according to a PTI report. Tata Consultancy Services (TCS), Hindustan Unilever (HUL), and Reliance Industries (RIL) were the top performers. Overall, RIL maintained its position as the most valued company, followed by TCS, […]
Also Read | Q4 results this week: ONGC, ITC, NTPC, Sun Pharma, Nykaa among companies to declare earnings The fourth quarter earnings season for FY24 began in April second week and is still ongoing. Over 500 companies are set to announce their fourth quarter or Q4 results this week. In […]