Equity benchmark indices opened lower on Wednesday, breaking a two-day winning streak, as selling pressure in Tata Motors and weak trends in Asian markets weighed on sentiment. At 11:00 AM, the BSE Sensex was up 79 points, or 0.10 per cent, at 82,000, while the Nifty50 was at 25,066, lower by 25 points, or 0.1…
NEW DELHI: Cigarette prices will not be changed after the Centre announced no tax hike on Tobacco products in the Union Budget 2024 presented on Tuesday. While the Goods and Services Tax (GST) Council holds primary authority over the taxation of tobacco products, the central government also levies a National Calamity Contingent Duty (NCCD) on…
DEHRADUN/HARIDWAR: In a double blow to Patanjali, the Directorate General of GST Intelligence (DGGI) in Chandigarh has imposed a hefty penalty of Rs 27.5 crore on Patanjali Foods for an irregularity in Input Tax Credit (ITC). The notice comes a day after the Uttarakhand govt suspended the licences for 14 products sold by Patanjali Ayurved…
Representative image Kolkata: Footwear major Bata India has received a notice from the State Tax Officer, Anna Salai Assessment Circle, Chennai, amounting to Rs 60.56 crore, the company said in a filing to the bourses on Thursday. The notice dated December 27, 2023, pertains to several issues raised in a final audit report on December…
Indian Space Research Organisation (ISRO) and Chandrayaan-3-themed do-it-yourself space kits, hampers, tees, stationery, backpacks, models of rockets, collectibles and other merchandise are seeing a ten-fold surge in demand on ecommerce platforms and retail shelves after India’s historic moon landing on August 23, executives said. ISRO has tie-ups with 19 merchandise partners for categories such as…
