Banking sector to witness subdued PAT growth of 6% in FY25, 4% in FY26: Report

Feb 21, 2025

India's banking sector saw a mixed performance in the third quarter, with net interest income (NII) growing 6 per cent year-on-year (YoY), core pre-provision...

Discussion with litigants will happen after law to nullify retrospective tax comes into force: Finance Minister

Aug 09, 2021

New Delhi [India], August 10 : The Parliament on Monday passed a bill that seeks to do away with the contentious retrospective tax provision...

Parliament passes bill to nullify retrospective tax; Congress, TMC, DMK stage walk out in Rajya Sabha

Aug 09, 2021

New Delhi [India], August 9 : The Parliament on Monday passed a bill that seeks to do away with the contentious retrospective tax provision...

SBI Q4 profit jumps 80 pc to Rs 6,451 crore on lower provisioning

May 21, 2021

Mumbai (Maharashtra) [India], May 21 : Government-owned State Bank of India (SBI) on Friday reported a standalone net profit of Rs 6,451 crore for...

Net direct tax collections for 2021-22 grow over 74 pc

Sep 24, 2021

New Delhi [India], September 25 : The gross direct tax collections for 2021-22 have registered a growth of 47 per cent and the net...

The government will continue on the path to fiscal consolidation in FY25: SBI CAPS

Jul 10, 2024

The SBI report adds that the various avenues of income for the government such as corporate tax, income tax, customs duty, excise duty, Goods...