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Sukanya Samriddhi Yojana: Deposit money in your SSY account before April 5 to earn higher interest; here’s why | Business – Times of India

getworldnews1 year ago07 mins

[ad_1] Sukanya Samriddhi Yojana deposit deadline: Parents investing in Sukanya Samriddhi Yojana (SSY) for their daughters should deposit the money before April 5 to maximise returns for the current financial year, 2024-25. Early investments qualify for higher tax-exempt interest, ensuring greater savings for the future of the girl child.Investing in Sukanya Samriddhi Yojana for your…

Business

Indian stocks close 2023-24 firm, indices accumulate 27-31% returns – Times of India

getworldnews1 year ago04 mins

[ad_1] NEW DELHI: Indian stock market indices closed the financial year 2023-24 on a firm note, with Sensex and Nifty rising in the range of 0.8-0.9% on Thursday, backed by firm economic growth forecasts by various global watchdogs and political stability at the federal level.Sensex settled 0.88% or 639 points higher at 73,635 points, and…

Business

Offline ITR-1, 4 forms FY 2023-24: Income tax department releases new forms for AY 2024-25; know the details here | India Business News – Times of India

getworldnews1 year ago05 mins

[ad_1] Offline ITR-1,4 forms FY 2023-24 released: The Income Tax Department has released the offline ITR 1 and ITR 4 forms for the financial year 2023-24 (Assessment Year 2024-25). The department released offline forms (JSON utility) for ITR-1 and ITR-4 on March 18. These forms will be applicable for filing from April 1, onwards.According to…

Business

Punjab’s GST mop-up rises 16% to over Rs 19,000 crore till February – Times of India

getworldnews1 year ago03 mins

[ad_1] CHANDIGARH: The Goods and Services Tax (GST) collection in Punjab jumped 15.69 per cent to Rs 19,222 crore in the current financial year so far, while the state’s excise revenue rose 11.71 per cent to Rs 8,093.59 crore. The net GST collection up to February in the current fiscal year stood at Rs 19,222.5…

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Car wholesales set to hit 42 lakh in a fiscal year – Times of India

getworldnews1 year ago03 mins

[ad_1] NEW DELHI: Car wholesales remained strong in February as the industry races to a record 42-lakh-plus mark for first time in a financial year in 2023-24. All top players, including Maruti Suzuki, Tata Motors and Mahindra & Mahindra, despatched healthy numbers to retail outlets as industry inventory remains at moderate level of around a…

Business

IT exports to grow 3% in FY24, among worst years – Times of India

getworldnews1 year ago06 mins

[ad_1] BENGALURU: The 2023-24 financial year will be a near washout for Indian IT services in terms of growth and hiring. Nasscom‘s latest estimates for the year suggest that India’s IT exports will grow at 3.3% in constant currency to $199 billion in the 2023-24 financial year, less than a third of the 11.4% it…

Business

Cognizant headcount declines by 7,600 to 3.4 lakh – Times of India

getworldnews1 year ago05 mins

[ad_1] BENGALURU: Cognizant‘s headcount shrank by 7,600 employees to 3.4 lakh employees in the 2023 financial year compared to the corresponding period last year. The reduction in net hiring in several IT firms reflects subdued macroeconomic indicators, continued pressure in banking and financial services, decision-making cycles are now longer, and there’s softness in discretionary spending.The…

Business

DCI posts Rs. 27.22 crore profit in Q3 – Times of India

getworldnews1 year ago02 mins

[ad_1] VISAKHAPATNAM: The Dredging Corporation of India Limited (DCIL) a leader in the Dredging Industry, posted a profit of Rs. 27.22 crore for Quarter Three (Q3) of 2023-24 financial year as against Rs 13.84 crore for the same quarter last year.The DCI announced its Earnings per share (EPS) is at Rs. 9.72 for Q3. The…

Business

GDP data calls for revisiting fiscal numbers – Times of India

getworldnews1 year ago03 mins

[ad_1] NEW DELHI: Government will have to either trim expenditure or target higher revenue to meet the 5.9% fiscal deficit target for the current financial year as the nominal GDP is estimated to grow slower than the budget estimate.Against an estimated nominal GDP of around Rs 302 lakh crore, which translated into 10.5% growth, the…