COMMERCE

Higher Tax Rate Leaves Csuite In Worry

The budget raised the tax surcharge on incomes between Rs 2 crore and up to Rs 5 crore to 25% from 15%, resulting in a maximum marginal tax rate of 39%, up from 35.88%.

Infosys Share Prices Go Up On Strong Q1 Earnings

Infosys, lifted the revenue forecast for the fiscal year ending March 2020 to between 8.5% and 10% on constant currency basis as its first quarter net profit beat analysts’ estimates.

LATEST

Pakistan Airspace Reopens After Longtime

Pakistan’s civil aviation authority issued a notice to airmen (NOTAM) at 12.41 am (India time) which said “with immediate effect Pakistan airspace is open for all type of civil traffic on published ATS (air traffic service) routes.”

Xiaomi Mi A3 To Launch Tomorrow

The base model with 4GB+64GB will come for 219 Euros, the 6GB+64GB will be priced at 295 Euros, and lastly the top-end 6GB+128GB model will come at 335 Euros.