For example, you made a 30% profit in 3 years but the inflation for the last three years was at 5% every year. Then you pay taxes on 30 – (5+5+5) = 15% profit only, not 30%. But since this indexation benefit has been taken away, you will have to pay taxes of 30% even i...
The city gas distribution (CGD) company is also looking to set up 200 CNG stations in at least four states in the next two years. “In the last financial year we had a capex of ₹900 crore. This year, we will be increasing it by over 33 per cent to ₹1,200...