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Income Tax Department has asked brokers to deposit excess securities transaction tax collected from clients for FY24 and earlier years along with interest
The estimated worth of misutilised funds by the noticee was Rs 1.75 crore
Regulator issues fresh guidelines for unpaid securities
Tokenisation is the replacement of an actual or clear card number with an alternative code called the "token"
The tally was less than 41 million before Covid-19 pandemic
The department collected Rs 2,568 crore against Rs 2,262 crore in the corresponding period a year ago.
Tax payouts from dividend distribution tax are up 2%
Also, govt to cancel registration of over 2 lakh firms that have been inactive for a long time