Government will charge up to Rs 1 lakh for the evacuation of stranded Indians from foreign countries. After the Delhi government levied a Special Corona Fee of 70 per cent on the MRP of the liquor sold, the Andhra Pradesh government has also increased taxes on liquor by up to 75 per cent. The Naveen Jindal-led Jindal Steel & Power Ltd (JSPL) said it has reported its highest-ever exports of steel and related products amid the lockdown in April. Read for more top stories from the world of business and economy:
State governments hope for robust collection of taxes from alcohol amid a complete decline in revenues.
By getting financial investors who could own additional 10 per cent of company, Reliance industries could reduce dependence on a future IPO for major cash infusions, a recent analyst report said.
In the order passed today, the Delhi High Court held that period of 90 days for claiming input tax credit is directory and therefore, period of limitation of three years under the Limitation Act would apply.
Jindal Steel & Power exported 2.48 lakh metric tons (MT) of steel and related products during April, registering a month-on-month growth of 109 per cent.