Business advisory
BIZ-TAX-RELIEF Govt stares at tax shortfall of Rs 2 lakh cr; room for personal income tax relief limited New Delhi: Tax collections in the current fiscal may fall short of targets by as much as Rs 2 lakh crore on faltering economy, leaving a very little room for Finance Minister Nirmala Sitharaman for offering any meaningful reduction in personal income tax rates.
BIZ-SEBI-MARGIN Sebi plans to rationalise margin system in derivatives segment to bring down trading cost New Delhi: Markets regulator Sebi is planning to rationalise margin system in the equity and commodity derivatives segments as part of its effort to boost liquidity and bring down trading cost, industry officials said.
BIZ-COAL-AUCTION Consultative meetings with stakeholders to discuss methodology for commercial coal mining on Jan 28-29 New Delhi: In line with its plans to open up the country's coal sector, the government has called meetings with various stakeholders to discuss the draft methodology as well as key bidding terms and conditions for auction of coal mines for commercial mining.
BIZ-NTPC-DIVESTMENT NTPC may not conclude THDCIL, NEEPCO acquisition deal this fiscal: Source New Delhi: State-run power giant NTPC is unlikely to conclude its about Rs 10,000-crore acquisition deal to buy government's stake in THDC India and North Eastern Electric Power Corporation, according to a source. MKJ MKJ