Backed by investments for higher value addition, technology upgradation and localisation, auto component sales to OEMs in the domestic market grew by 13.9 percent to Rs 2.54 lakh crore, shows a performance review of the Automotive Component Manufacturers Association of India (ACMA) for the first-half of FY 2023-24.
Among the other contributors, exports grew by 2.7 per cent to USD 10.4 billion (Rs 85.87 lakh crore) while imports grew by 3.6 per cent to USD 10.6 billion (Rs 87.42 lakh crore). The aftermarket, estimated at Rs 45,158 crore also witnessed a growth of 7.5 per cent, according to Vinnie Mehta, Director General, ACMA. Imports grow 3.6 per cent to USD 10.6 billion.
Esta historia es de la edición December 24, 2023 de The Business Guardian.
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Esta historia es de la edición December 24, 2023 de The Business Guardian.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
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![MADHYA PRADESH HIGH COURT: NON-FUNCTIONALITY OF TRACES PORTAL CAN'T BE GROUND TO DENY BENEFIT OF STATUTORY RIGHT TO ASSESSEE [INCOME TAX]](https://reseuro.magzter.com/100x125/articles/26854/1859986/0rWofE2tI1728595688152/MADHYA-PRADESH-HIGH-COURT-NONFUNCTIONALITY-OF-TRACES-PORTAL-CANT-BE-GROUND-TO-DENY-BENEFIT-OF-STATUTORY-RIGHT-TO-ASSESSEE-INCOME-TAX.jpg "MADHYA PRADESH HIGH COURT: NON-FUNCTIONALITY OF TRACES PORTAL CAN'T BE GROUND TO DENY BENEFIT OF STATUTORY RIGHT TO ASSESSEE [INCOME TAX]")
MADHYA PRADESH HIGH COURT: NON-FUNCTIONALITY OF TRACES PORTAL CAN'T BE GROUND TO DENY BENEFIT OF STATUTORY RIGHT TO ASSESSEE [INCOME TAX]
The Madhya Pradesh High Court in the case Birla Corporation Limited v. Principal Commissioner of Income Tax (It And Tp) And Others observed and has made it clear that non-functionality of Income Tax Department's TRACES Portal cannot be grounds for denying the benefit arising to an assessee under statutory provisions of the Income Tax Act, 1961.
Delhi High Court On Frivolous Litigation: Prosecution, Legal Departments Must Exercise Due Diligence Before Initiating Cases
The Delhi High Court in the case State v. Manpal And Ors observed that the prosecution and Delhi Government's Department of Law & Legislative Affairs must exercise due diligence before initiating cases and that legal process must not be misused through frivolous litigation.
Tata built 500-bed hospital in Kerala within 5 months during peak Covid
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DoE issues advisory against ed-tech firms
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