Over 4 crore ITRs filed for FY23 so far, 7% new filers this time: CBDT chief – Times of India

[ad_1] NEW DELHI: More than four crore income tax returns (ITRs) for the 2022-23 financial year have been filed so far and about 7 per cent of these are new or first-time filers, CBDT chairperson Nitin Gupta said on Monday. He said that more than half of these ITRs have been processed leading to 80 … Read more

Infosys CEO’s pay drops by 29% to Rs 56 crore in FY23 – Times of India

[ad_1] BENGALURU: Infosys CEO Salil Parekh’s compensation dropped 29. 3% to Rs 56. 4 crore in the 2022-23 financial year, after a massive 88% jump to Rs 79. 8 crore in the year before that. This was presumably because of the company’s weak performance in the final quarter of the year, and the modest revenue … Read more

India’s Pidilite Posts Rise In Q4 Profit On Easing Costs, Strong Demand

[ad_1] New Delhi: India’s Pidilite Industries Ltd (PIDI.NS), maker of adhesive brand Fevicol, on Monday reported a rise in fourth-quarter profit, helped by easing raw material costs and strong demand. The company’s consolidated net profit rose 11.3% to 2.83 billion rupees ($34.6 million) for the quarter ended March 31, it said in an exchange filing. Consolidated revenue … Read more