Up to date: Jul 27, 2020 10:31 IST
New Delhi [India], July 27 (ANI): PTC India Financial Services stated on Monday that the Income Tax Department has processed its return of revenue for the evaluation yr 2019-20 (monetary yr 2018-19) and determined a refund of Rs 134.91 crore.
The quantity consists of an curiosity of Rs 5.81 crore. “The above refund is predicted to be acquired shortly and will probably be utilised in financing sustainable and environmental-friendly infrastructure projects associated to green energy, water sewage treatment plants and electric vehicle charging stations,” the corporate stated in an announcement.
PTC India Financial Services is a non-banking finance firm promoted by PTC India Ltd. The corporate affords an array of monetary merchandise to infrastructure corporations in all the vitality worth chain and different infrastructure industries.
It additionally gives fee-based providers like mortgage syndication and underwriting. At 10:25 am, PTC India Financial Services was buying and selling 2.14 per cent decrease on BSE Ltd at Rs 14.61 per share. (ANI)