India Macro, Economy & Public Policy › Sub-category
Taxation / GST / Duties
5 articles
Tata Consultancy Services (TCS) concluded a robust fiscal year 2026, reporting ₹2.67 lakh crore in revenue, a 25% operating margin, and a net profit of ₹52,820 crore, alongside achieving $2.3 billion in annualized AI revenue. The company also declared a total dividend of ₹110 per share and completed two strategic acquisitions in Salesforce consulting for ₹6,998 crore, outlining a five-pillar AI transformation strategy. Meanwhile, India increased export duties on fuel, potentially impacting energy markets, while Jain Irrigation demonstrated solid Q4 performance with 4.3% YoY revenue growth. Developments in tax administration and recovery efforts, including the NCLT’s order regarding PANM Buildtech, also highlight the regulatory landscape.
Apollo Tyres Q4 FY26 Net Profit Soars 240% YoY
Apollo Tyres reported Q4 FY26 consolidated revenue of INR 73.4 billion, up 14% YoY, with an EBITDA margin of 14.6%.
The company announced a significant net profit boost from a INR 570+ crore deferred
TCS FY26 Revenue Hits ₹2.67 Lakh Crore, Declares ₹110 Dividend
TCS reported strong FY26 performance with ₹267,021 crore revenue, 25% operating margin, and ₹52,820 crore net profit while achieving $2.3 billion annualized AI revenue.
The company declared total divi
Jain Irrigation Q4 FY26 Consolidated Revenue ₹1,579 Cr
Jain Irrigation reported Q4 FY26 consolidated revenue of ₹1,579 crore with EBITDA of ₹240 crore, showing 4.3% YoY growth.
Standalone performance showed 8.4% revenue growth to ₹3,533 crore for FY26 wit
CBIC Inaugurates GST Bhawan Itanagar, Arunachal Revenue Up 29.4%
CBIC Member inaugurated a new GST Bhawan in Itanagar to serve as a dedicated taxpayer facilitation center.
Arunachal Pradesh's GST revenue reached ₹526 crore in FY25-26, registering 29.4% YoY growth.
NCLT Orders PANM Buildtech Restoration for Tax Recovery
NCLT allows Income Tax Department appeal to restore PANM Buildtech Pvt Ltd's name to company register for recovery of outstanding tax demand.
Company was struck off by RoC in 2018 for non-filing of st