Chennai (Tamil Nadu) [India], February 7 (ANI): TVS Motor Company on Monday reported Rs 288.8 crore net profit for the third quarter of the current financial year as against Rs 246.7 crore recorded in the corresponding quarter of previous year, posting year-on-year growth of 9 per cent.

Chandigarh Dec 17 PTI The Haryana government has spent over Rs 700 crore on advertisement of its achievements announcements and functions since 2015 The information was placed before the state Assembly here on Friday in a written reply in response to a question raised by Congress MLA Aftab Ahmed Ahmed had sought to know year-wise details of the amount spent by the government on newspapers posters Internet TV and radio etc for advertisement of its achievements announcements birth anniversary of great personalities and functions since 2015 In response to the question asked the government in the written reply gave details from the period January 2015 to December 13 2021 Over Rs 596 crore was mentioned to have been given during the period for newspaper advertisements while Rs 9634 crore was given for TV ads Rs 2176 crore for radio Rs 119 crore for Internet and Rs 439 lakh for the posters PTI SUN VSD RDK RDK

New Delhi Sep 24 PTI The net personal income and corporate taxes collection grew 74 per cent to Rs 570 lakh crore so far this fiscal driven mainly by advance tax and TDS payments The mop up of net direct tax which is arrived at after deducting refunds from gross collection between April 1-September 22 was at Rs 570568 crore a 744 per cent growth over Rs 327 lakh crore collected in the same period last fiscal the Central Board of Direct Taxes CBDT said in a statement It is 27 per cent growth over Rs 448 lakh crore collected in 2019-20 The gross direct tax collection so far this fiscal stands at over Rs 645 lakh crore a 47 per cent growth over Rs 439 lakh crore mopped up in the corresponding period of the preceding year The gross collection was 1675 per cent higher than Rs 553 lakh crore collected between April 1-September 22 of 2019-20 fiscal While over Rs 253 lakh crore has been collected through advance tax Tax Deducted at Source TDS mop-up was over Rs 319 lakh crore Self-assessment tax worth Rs 41739 crore regular assessment tax of Rs 25558 crore dividend distribution tax of Rs 4406 crore and tax under other minor heads of Rs 1383 crore has been mopped up The cumulative advance tax collections for the first and second quarter of the FY 2021-22 stand at Rs 253353 crore as on September 22 2021 against advance tax collections of Rs 162037 crore for the corresponding period of the immediately preceding financial year ie 2020-21 showing a growth of 56 per cent the statement said The advance tax collection comprises corporation tax CIT at Rs 196 lakh crore and personal income tax PIT at Rs 56389 crore The gross CIT mop up was Rs 358 lakh crore and PIT was over Rs 286 lakh crore while net CIT was at Rs 302 lakh crore and PIT was at Rs 267 lakh crore Refunds amounting to Rs 75111 crore have also been issued in the FY 2021-22 so far The CBDT said that despite extremely challenging initial months of the fiscal year 2021-22 the advance tax collection in the second quarter July 1 to September 22 2021 of FY 2021-22 is Rs 172 lakh crore which shows a growth of 5150 per cent over the corresponding period in FY 2020-21 when the advance tax collection was Rs 113 lakh crore Nangia Andersen LLP Partner Sandeep Jhunjhunwala said businesses although not unscathed were better prepared to ride the second wave The significantly higher tax collection numbers bear proof of the projected improvement in Indias economic growth rate FY 2020-21 was a one of a kind year that caught taxpayers and governments across the world by surprise Therefore the 27 per cent improvement in tax collection from FY 2019-20 when the economy was more stable than it is today may be more reassuring than the 744 per cent improvement from FY 2020-21 when businesses experienced a significant dip he said Jhunjhunwala further said that the improvement in advance tax collection over 2019-20 demonstrates a strong bounce back PTI JD MKJ

Bengaluru (Karnataka) [India], Aug 23 (ANI): The board of directors at Arvind Fashions Ltd has approved preferential allotment of equity shares aggregating to Rs 439 crore to various marquee investors including promoters at a price of Rs 218.50.