India Inc improves interest coverage in Q1 amid strong operating profit, lower interest expense

The aggregate interest coverage ratio for India Inc hit a nine-quarter high in the recently concluded quarterly results season following a sustained double-digit growth in the operating profit and deceleration…

Continue ReadingIndia Inc improves interest coverage in Q1 amid strong operating profit, lower interest expense

Budget 2024 wishlist: Simplify capital gains tax system, tax breathers to middle class, India Inc. tells Revenue Secretary

Full Budget 2024: The full Budget 2024 will be tabled next month. On Wednesday, Union Minister for Finance & Corporate Affairs Nirmala Sitharaman chaired the first Pre-Budget consultation meeting with…

Continue ReadingBudget 2024 wishlist: Simplify capital gains tax system, tax breathers to middle class, India Inc. tells Revenue Secretary