The Income Tax Department has issued refunds worth over Rs 2.62 lakh crore to more than 2.38 crore taxpayers in 2020-21. This include Rs 87,749 crore personal income tax refunds to 2.34 crore taxpayers and Rs 1.74 lakh crore worth corporate tax refunds in 3.46 lakh cases. The refunds issued in 2020-21 marks an increase of almost 43.2 per cent, the I-T department said in a statement. Central Board of Direct Taxes (CBDT) has issued refunds of more than Rs 2.62 lakh crore to more than 2.38 crore taxpayers from 1st April, 2020 to 31st March, 2021, the statement said. The total refunds issued in 2019-20 were worth Rs 1.83 lakh crore.
Gold ornaments worth Rs two crore have been seized from a vehicle by election department officials at the border village of Gorimedu here, a senior official said. The vehicle, coming from neighouring Tamil Nadu, was intercepted by the flying squad of the election department on Friday night and checks revealed it to be carrying the ornaments without proper documents, Chief Electoral Officer Shurbir Singh told PTI. The same day, Rs 50 lakh cash was seized from a vehicle in Karaikal and 3,700 litres of rectified spirit worth Rs 17 lakh, in Puducherry, he said The vehiclehas been impounded and a probe was on, he said.
Himalaya Food International has further paid an amount of Rs 1.80 crore to Union Bank of India against OTS it sanctioned last month.
The total amount paid to Union Bank of India is Rs 3.78 crore. The total amount paid to four banks against OTS till now is Rs 17.06 crore.
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The company submitted the same to SEBI on 25 February 2021.
The SEBI vide their mail dated 26 February 2021 has extended the tenure for subscription and conversion of warrant by further 2 weeks from the extension granted vide SEBI email dated 29 January 2021 i.e. till 14 March 2021.
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Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary
Read more about Affle (India) board OKs raising upto Rs 1080 cr on Business Standard. Affle (India) on Saturday announced that its board has approved raising upto Rs 1080 crore through further issue of securities including warrants and bonds.