Worst Sectoral Indices: Nifty Pvt Bank & Nifty Bank; Nifty Bank Key Levels & Range

By Malvika Gurung Investing.com — The domestic market tracked weakness across global markets and traded in red on Thursday, following a third consecutive 75 basis point rate hike on Sept 21 by the Fed and a hawkish outlook on bigger and faster rate cuts to tame the soaring inflation. Benchmark indices declined 0.5% and fell … Read more

Pvt companies required to deduct tax at source while issuing bonus or rights shares

New Delhi, Sep 13 (IANS) The Central Board of Direct Taxes (CBDT) on Tuesday issued another circular to further clarify issues arising on deduction of tax at source under the newly-inserted Section 194-R in respect of benefits or perquisites provided to residents in cash or in kind in the course of business or profession. As … Read more