Tag: direct tax
Posted in Economy
I-T portal glitch triggers penalty woes for companies
Mumbai: Many companies are staring at steep penalties with the Income Tax (I-T) portal rejecting their advance tax payment due to a technical hitch. Their…
Posted in Economy
CBIC to meet trade bodies, industry on smooth rollout of GST reforms
New Delhi: The Central Board of Indirect Taxes & Customs (CBIC) is set to hold a meeting with industry associations and trade bodies to discuss…
Posted in Finance
What does EBITDA mean? How is it calculated?
What does EBITDA mean? The term stands for ‘earnings before interest, taxes, depreciation and amortisation’. EBITDA is one of the commonly used financial metrics to…