Latest Expert Exchange Queries

GST Demo Service software link: https://ims.go2customer.com
Username: demouser Password: demopass
Get your inventory and invoicing software GST Ready from Binarysoft info@binarysoft.com
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
 
 
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing | GST - Goods and Services Tax
 
 
 
 
Popular Search: TDS :: VAT RATES :: Central Excise rule to resale the machines to a new company :: form 3cd :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: articles on VAT and GST in India :: VAT Audit :: list of goods taxed at 4% :: ARTICLES ON INPUT TAX CREDIT IN VAT :: empanelment :: ACCOUNTING STANDARD :: ACCOUNTING STANDARDS :: cpt :: TAX RATES - GOODS TAXABLE @ 4% :: due date for vat payment
 
 
« General »
 Govt sets up task force to review income tax laws
 Tax queries: Contact employer to get Form 16 error rectified
 Finance Ministry may hike monetary limit for filing tax appeals
 Compilation of all notifications issued ON
 Banking transaction tax to have cascading effect: NIPFP
 While filing tax in India, NRIs do not have to state overseas income
 Tax ease on cards, some daily use items may become cheaper
 It’s one year of GSTN, too
 SBI home, auto loan interest rates cut, set to be effective from Nov 1
 MNCs will have to furnish extra disclosures from March 2018
 High Court Allows Woman To File Income Tax Returns Without Quoting Aadhaar

IFCI gains after government's nod for issue of bonds
March, 28th 2014

IFCI rose 2.84% to Rs 25.35 at 13:01 IST on BSE after the company said that the Government of India has authorized the company to issue tax free, secured, redeemable, non-convertible bonds upto to Rs 430 crore during the current financial year.

The announcement was made during trading hours today, 27 March 2014.

Meanwhile, the S&P BSE Sensex was up 94.71 points or 0.43% at 22,190.01.

On BSE, so far 6.64 lakh shares were traded in the counter as against average daily volume of 10.37 lakh shares in the past one quarter.

The stock hit high of Rs 25.55 and a low of Rs 24.70 so far during the day. The stock had hit a 52-week high of Rs 32.05 on 8 May 2013. The stock had hit a 52-week low of Rs 17.85 on 28 August 2013.

The stock had outperformed the market over the past one month till 26 March 2014, surging 6.48% compared with the Sensex's 5.28% rise. The scrip had, however, underperformed the market in past one quarter, sliding 4.09% as against Sensex's 4.84% rise.

The mid-cap company has equity capital of Rs 1662.04 crore. Face value per share is Rs 10.

IFCI said that Government of India, Ministry of Finance, Department of Revenue, CBDT has vide Notification dated 26 March 2014 has authorized IFCI to issue during financial year 2013-14, tax free, secured, redeemable, non-convertible bonds upto to Rs 430 crore, as per the terms and conditions of the notification referred to above.

IFCI's net profit surged 86.6% to Rs 142.39 crore on 24% growth in total income to Rs 803.06 crore in Q3 December 2013 over Q3 December 2012.

IFCI's activities include project financing, infrastructure development, debt and equity underwriting & syndication, venture capital, stock broking & merchant banking, factoring, asset reconstruction, tourism finance, corporate and infrastructure advisory, technical consultancy and management education.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Multi-level Marketing MLM India Affiliate Marketing Affiliate Marketing Software MLM Software MLM Solutions Multi level marketing solutions MLM Servi

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions