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Budget 2024: Govt to receive Rs 1.02 lakh cr as dividend from RBI, PSBs in FY25

The government expects a dividend income of Rs 1.02 lakh crore from the RBI and public sector financial institutions in the next financial year. The current fiscal year is expected to see a higher dividend income of Rs 1.04 lakh crore compared to the Budget Estimate of Rs 48,000 crore. The government aims to reduce the fiscal deficit to below 4.5% by 2025-26 from 5.1% of GDP in 2024-25, and it expects higher dividends from banks and financial institutions, along with improved tax mobilisation, to help achieve this fiscal deficit glide path. ....

Central Public Sector Enterprises Cpses , Budget Estimate , Central Public Sector Enterprises , Budget 2024 , Fiscal Deficit ,

Shell Lifts Dividend as Profits Beat Estimates

Shell raised its dividend on Thursday and announced a new share buyback after beating consensus estimates for the fourth quarter and full year. ....

City Of , United Kingdom , Wael Sawan , Tsvetana Paraskova , Michael Hewson , United Kingdom Based , Oil Majors , Crude Oil ,

Shell boosts dividend after oil and gas major reports US$28-billion profit for 2023

Shell ended the year on a strong note, posting fourth-quarter adjusted earnings of $7.3-billion, exceeding analysts’ expectations of $6-billion profit but down from a record $9.8-billion a year earlier ....

United States , United Kingdom , Wael Sawan , Sinead Gorman , Exxon Mobil , Log Increate Free , Executive Officer Wael Sawan , North America , Chief Financial Officer Sinead Gorman ,

Facebook parent Meta declares first dividend, shares jump 12%

Shares soared 12% after the bell, extending a long recovery in which Meta hit record highs in recent weeks for the first time in over two years. | World News ....

France General , Mark Zuckerberg , Meta Platforms , Wall Street , Reality Labs , Flagship Social Network , 20th Anniversary ,

Budget 2024 could expand AIS to include 6 more incomes of individuals

The government introduced the Annual Information Statement (AIS) in Budget 2021 to make it easier for individual taxpayers to check their financial information. However, there are areas to expand the AIS in Budget 2024, such as reporting rental income, interest on income tax refund among others. Expanding the AIS will enhance its utility for individuals and tax authorities. ....

Registrar Of Companies , Annual Information Statement , House Rent Allowance , Tax Deducted , Financial Transactions , Income Tax Return , Capital Gains Transactions ,