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Union Budget 2018
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How will dividend distribution tax affect your mutual fund earnings?
Sat, Feb 10, 2018
Finance minister Arun Jaitley in his Budget 2018 speech has proposed to introduce DDT on equity mutual funds at the rate of 10%
Reliance Nippon AMC plans first dividend after listing
Tue, Jan 09, 2018
Reliance Nippon Life Asset Management was the first mutual fund listed on the Indian stock exchanges
Mastercard to repurchase up to $4 billion of its shares
Tue, Dec 05, 2017
Payment processor Mastercard Inc said on Monday it would buy back up to $4 billion of its class A shares. The new share repurchase program will be effective at the completion of the company`s previously announced $4 billion share repurchase program, Mastercard said.
Cairn tax dispute: I-T dept confiscates dividend, refund
Mon, Jun 19, 2017
The Income Tax Department has ordered coercive action against Cairn Energy of UK, including taking away over Rs 2,000 crore dividend and tax refund, to recover part of the Rs 10,247 crore retrospective tax.
Income tax filing: 9 changes that came into effect from April 1
Tue, Apr 25, 2017
Now every person will be asked to quote his Aadhaar details while filing taxes starting July 1st.
Government seeks up to $2.2 billion dividend from Hindustan Zinc: Sources
Tue, Jan 17, 2017
India is seeking a dividend of up to $2.2 billion (nearly Rs 14,636.1 crore) from partly state-owned Hindustan Zinc Ltd (HZL), three people with knowledge of the matter said, as New Delhi targets a boom in the base metal to help shore up crumbling public finances.
16 of 22 public sector banks skip dividend in FY16 on mounting bad loans
Sun, Nov 20, 2016
The highest dividend was paid by SBI to government at Rs 1,214.6 crore during 2015-16, 22% lower than the previous fiscal.
J&K Bank tumbles 20% in two days
Fri, Oct 14, 2016
On October 10, Chairman Parvez Ahmad of J&K Bank said, “Stability of the bank shall be our focus in the next six quarters. In order to improve the bottom-line growth, we may not book profits, pay dividends or taxes."
NBCC to set up NBFC to finance growing business
Thu, Oct 06, 2016
AKMittal, Chairman and Managing Director of NBCC said that among various initiatives under consideration, the company is keen to float a Non-Banking Finance Company (NBFC) to finance growing business.
Indian Railways' company reports highest-ever profit, dividend
Sat, Sep 17, 2016
It consequently recorded the highest ever profit after tax of Rs 339 crore against Rs 306 crore in the previous year.