E-PaperReceipt News
Axis Bank to raise Rs15,000 crore via share sale
The bank will raise the money through issuance of equity shares or depository receipts, or any other convertible securities linked to equity sharesWith the move, the bank has joined the trend of equity capital raising many other banks are following to bolster their capital buffers for the future
3 min read2 Jul 2020Sebi comes out with framework for issuance of depository receipts
Sebi says only a listed company is allowed to issue permissible securities or their holders may transfer such securities for the issuance of DRsThe framework comes after Nirmala Sitharaman in August said that the Sebi would soon implement the Depository Receipt Scheme 2014
4 min read10 Oct 2019Fiscal deficit touches ₹4.32 lakh crore in Q1FY20
The government estimates the fiscal deficit to be at ₹7.03 trillion during 2019-20Total expenditure during April-June period stood at ₹7.21 trillion or 25.9% of budget estimate
1 min read31 Jul 2019NPS investment proof: How to claim income tax deduction
An NPS subscriber can also download the receipt of voluntary contribution made in Tier I account by logging into his/her account
1 min read12 Jan 2019GDR issue: Sebi bars Sanraa Media, 7 others for 5 years
Sebi has directed Sanraa Media to recover $27.244 million within three months from Clifford Capital Partners, the lone subscriber of the company's GDR
1 min read3 Jan 2019April-November fiscal deficit touches 115% of FY18 target
Net tax receipts in the first eight months of the fiscal were ₹7.32 trillion
1 min read27 Dec 2018Insurance policyholders to get SMS on receipt of premium from 1 January
Irdai has asked all the insurers to inform policyholders through messages on receipt of premium from 1 January, aimed at protecting the interest of consumers
1 min read13 Dec 2018India’s April-October fiscal deficit crosses full-year target
April-October fiscal deficit of ₹6,49 trillion was 103.9% of the budgeted target for current fiscal year
1 min read30 Nov 2018Fiscal deficit hits 95.3% of FY19 target in 6 months
Net direct tax collections in the six months ended September were at 38.6% of the budgeted estimate of ₹11.5 trillion for 2018-19
1 min read25 Oct 2018The only receipt that remains tax-exempt
The receipt, which is still exempt, is compensation for giving up the right to sue
3 min read11 Oct 2018Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared