Congress gets fresh IT notice of Rs 1,700 crore, say party insiders
Fri, Mar 29, 2024 12:34 PM

Congress gets fresh IT notice of Rs 1,700 crore, say party insiders

A Flip by Avya Verma
Get it on Google Play
The Income Tax department has served a fresh notice of Rs 1,700 crore to the Congress for discrepancies in tax returns for previous years, dealing another blow to the cash-strapped party ahead of the Lok Sabha polls, sources said on Friday. The tax penalties along with interest relate to discrepancies in tax returns for years 2017-18 to 2020-21, the sources said.

More great flips

Indegene IPO: Price band set at  ₹430-452 per share; check GMP

Indegene IPO: Price band set at ₹430-452 per share; check GMP

Indegene IPO price band has been fixed in the range of ₹430 to ₹452 per equity share of the face value of ₹2. The Indegene IPO date of subscription is scheduled for Monday, May 6, and will close on Wednesday, May 8. The allocation to anchor investors for the Indegene IPO is scheduled to take place on Friday, May 3.The floor price and the cap price are 215 times and 226 times the face value.

Open Flip
Asia shares rise as Fed looms large; yen crumbles below key level

Asia shares rise as Fed looms large; yen crumbles below key level

Asian stocks got off to a positive start on Monday ahead of the Federal Reserve's policy meeting later in the week, while the dollar broke past the psychologically key level of 160 yen for the first time in decades. Oil prices ticked down on expectations that higher-for-longer U.S. interest rates would dampen demand, while news of a potential Gaza ceasefire eased fears of supply constraints.

Open Flip
Gold eases as steady dollar dampens appeal

Gold eases as steady dollar dampens appeal

Gold prices edged down on Monday as a steady U.S. dollar made bullion less affordable for overseas buyers, while investors awaited further clues on when the U.S. Federal Reserve would deliver its first interest rate cut. FUNDAMENTALS * Spot gold fell 0.3% to $2,328.20 per ounce as of 0112 GMT. U.S. gold futures were down 0.3% at $2,339.70 per ounce.

Open Flip

Join our Smart Investment Community

More than 1 Million users are using FlipItMoney to stay updated about the business and finance world! Join FlipItMoney now and take smart investment decisions!
Icon