Bonus Shares

Govt seeks up to 100% dividend from 12 public sector firms as fears of tax revenue shortfall loom

The demand has been made following a finance ministry assessment on 25 October of the financial health of 14 state companies, including top miner NMDC Ltd and trading firm MMTC Ltd

Income Tax Act amended: IPOs, bonus issue, share gifts exempted from capital gains tax

Inter-se transfer of equity shares between promoter group companies will not enjoy the exemption

REC Apr-Jun quarter net profit declines 4% to Rs 1,421 crore

The interest income increased to Rs 5,889.52 crore, over Rs 5,640.98 crore in the year-ago period

TCS shareholders vent anger over CEO's high sal, press for bonus shares invoking Vishal Sikka's name

In the last fiscal, Chandrasekaran's salary increased 20 percent to Rs 25.6 crore while he also received an additional Rs 10 crore as a one-time special bonus

Public firms issuing bonus shares may get better appraisal

The PSUs are considered to be one of the most important sources of buffering government finances.