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Shree Cement shares crash amid reports of Rs 4,000 crore tax demand

Mumbai, Jan 5 (IANS) The shares of Shree Cement crashed on Friday amid reports that the Income Tax (I-T) Department has firmed up a Rs 4,000 crore tax demand against the company.The company's shares were trading 4.36 per cent lower at Rs 27,099.9 per share on BSE at 2 p.m. on Friday.I-T officials had carried out a survey of the company’s premises…
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Services sector records robust growth in Dec 2023

Mumbai, Jan 5 (IAN) India’s services sector posted a robust growth in December 2023 on the back of strong demand and a positive outlook ahead, according to an HSBC survey. Mumbai, Jan 5 (IAN) India’s services sector posted a robust growth…

GST authorities tell NTPC to cough up Rs 100 cr

Mumbai, Jan 5 (IANS) NTPC has received demand orders from GST authorities in seven states to pay up tax, interest, and penalty adding up to a total of Rs 100.80 crore.The states from which the tax demand has come include Delhi, Uttar…