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News digest: STT collections, Air India bid, Facebook data row, and more

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News digest: STT collections, Air India bid, Facebook data row, and more
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At Rs 111 bn, govt collects highest taxes from trading on exchanges in FY18
 
Buoyancy in the stock markets has helped the government collect a record amount from the securities transaction tax (STT) in 2017-18.
 
According to an official with the income tax (I-T) department, the STT collection for the fiscal year stood at Rs 111.23 billion, an increase of 24 per cent over 2016-17. The amount is also 43 per cent higher than the Revised Estimates of Rs 77.7 billion. Read more here
 
Toyota and Suzuki sign mutual agreement to supply certain models in

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First Published: Mar 30 2018 | 2:24 AM IST

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