Global equity issuance up from 2016 slump, bankers see further rise in 2018

Wealth Management       Jan 02, 2018

London: Global equity raising rose by almost a fifth in 2017 and bankers expect issuance to increase further in 2018 as the improving global economy and buoyant stock markets drive larger flotations and rights issues to finance acquisitions.   Companies raised $780.2 billion in equity in...

Mere 1.7% Indians paid income tax in AY 2015-16: Official data

      Dec 15, 2017

Just over 2 crore Indians, or 1.7 per cent of the total population, paid income tax in the assessment year (AY) 2015-16, according to data released by the I-T department.   The number of income-tax return filers increased to 4.07 crore in the assessment year 2015-16...