Reduces the number of sections by 42% (from 931 to 536). Increases the number of schedules from 14 to 16. Aims to simplify the tax structure and reduce compliance burden. Understanding Sections & Schedules: Sections: Define specific tax rules, obligations, and rights (e.g., income computation, deductions, penalties). Schedules: Provide additional details, explanations, and procedural...
February 2025
Ajax Engineering IPO: Key Details 1. IPO Opening & Closing Dates Opens: February 10, 2025 Closes: February 12, 2025 2. IPO Size & Type Total Issue Size: ₹1,269.35 crore Entirely an OFS (Offer for Sale) – Company will not receive any funds. 3. Price Band ₹599 – ₹629 per share 4. Grey Market Premium (GMP) ₹49 per share (indicating a potential listing at...