Search Results for: fiscal deficit

India 2023: A round up of top infra projects underway, those nearing completion and those lagging behind

Many of the big ticket projects have missed multiple deadlines for completion in 2022 and here's a list of some of them

Dec 27, 2022

Comptroller and Auditor General (CAG) of India

CAG report discloses irregularities in corporation tax assessments of certain 'high value' cases

The CAG recommended application of incorrect rates of tax and surcharge, errors in levy of interest, excess or irregular refunds etc. point to weaknesses in the internal controls in the ITD, which need to be addressed.

Dec 22, 2022

Japan announces big military push (Opinion)

After Germany, Japan becomes the second country to overhaul its military in the backdrop of the Russia-Ukraine war and increasing Chinese belligerence, writes Asad Mirza, political commentator and media consultant based in New Delhi.

Dec 19, 2022

Tax, Budget 2017, Union Budget 2017, Income Tax, senior citizens, common man

Direct tax collections up 20%; Rs 11,35,754 cr collected till Dec 17 [details]

Direct tax collections stood at Rs 11,35,754 crore, as on December 17, 2022, up by 19.81 per cent against Rs 9,47,959 crore recorded in the corresponding period of last year, officials said.

Dec 18, 2022

Indians ditch "Make in China" products for Indian alternatives; 2022 sees positive trend [details]

About 59 per cent of Indians surveyed said they do not have any Chinese app on their phone while 29 per cent still have one or more.

Dec 18, 2022

GST Council 48th Meeting: Small traders allowed on e-commerce platforms; Biofuel now in 5% slab

The GST Council approved the amendments allowing unregistered suppliers and composition taxpayers to make intra-state supply of goods through E-Commerce Operators (ECOs)

Dec 17, 2022

India's growth expected to slow in 2023-24 amid indications of sharp global slowdown

India's GDP growth is on course to print close to 7 per cent this year in 2022-23, foreign brokerage, JP Morgan said in a report

Dec 16, 2022

Shrinking Economy? Japan logs trade deficit for 16th consecutive month

Japan logged a 2.03 trillion yen ($14.95 billion) trade deficit in November, a record for the month and marking the 16th straight month of red ink, amid higher energy prices and a weaker yen, the Finance Ministry said in a report on Thursday.

Dec 15, 2022

Tax collections up by 24% in current fiscal year-on-year [details]

Net tax collection in 2022-23 was 24.26 percent higher than the net collection for the corresponding period of last year.

Dec 12, 2022

CBDT issues circular on TDS on salaries for current fiscal year

The Central Board of Direct Taxes (CBDT) in a circular related to TDS deduction from salaries has said that any person responsible for paying salary must deduct income tax while paying the amount.

Dec 12, 2022

India's growth to depend on fiscal management, says Uday Kotak

India's performance in terms of absolute GDP, per capita income and current account as well as fiscal management will accentuate its growth, Uday Kotak, Managing Director of Kotak Mahindra Bank, said on Thursday

Dec 9, 2022

Sitharaman to present statement on demands for grants for current fiscal in LS [details]

Union Finance Minister Nirmala Sitharaman will present a statement in the Lok Sabha on Friday showing first batch of supplementary demands for grants for the current fiscal

Dec 9, 2022

Stock market opens marginally positive but turns negative soon

Indian equity market opened with marginal gains on Friday, taking a hint from global counterparts. The BSE Sensex opened at 62,690 points and was trading below the 62,500 mark, whereas the NSE Nifty-50 opened at 18,662 and currently trading above the 18,500 mark.

Dec 9, 2022

Pakistan seeks emergency $3bn Saudi cash injection

PAK's forex reserves fall to critically low level; seems $3 billion cash injection from Saudi [details]

Pakistan has requested Saudi Arabia to urgently provide $3 billion in cash after its foreign exchange reserves fell to a critically low level, as the new army chief was also expected to play a role in bagging the bailout during his upcoming maiden visit to the kingdom.

Dec 8, 2022

India deepens trade ties with Australia; exporters gear up, excited for "dawn of new era" [In-depth]

India and Australia signed Economic Cooperation and Trade Agreement (ECTA) on 2nd April 2022 and committed to producing conducive results by the end of the year. Commerce and industry minister Piyush Goyal described the implementation of the free trade pact as "the dawn of a whole new era."

Dec 5, 2022

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Search Results for: fiscal deficit

India 2023: A round up of top infra projects underway, those nearing completion and those lagging behind

CAG report discloses irregularities in corporation tax assessments of certain 'high value' cases

Japan announces big military push (Opinion)

Direct tax collections up 20%; Rs 11,35,754 cr collected till Dec 17 [details]

Indians ditch "Make in China" products for Indian alternatives; 2022 sees positive trend [details]

GST Council 48th Meeting: Small traders allowed on e-commerce platforms; Biofuel now in 5% slab

India's growth expected to slow in 2023-24 amid indications of sharp global slowdown

Shrinking Economy? Japan logs trade deficit for 16th consecutive month

Tax collections up by 24% in current fiscal year-on-year [details]

CBDT issues circular on TDS on salaries for current fiscal year

India's growth to depend on fiscal management, says Uday Kotak

Sitharaman to present statement on demands for grants for current fiscal in LS [details]

Stock market opens marginally positive but turns negative soon

PAK's forex reserves fall to critically low level; seems $3 billion cash injection from Saudi [details]

India deepens trade ties with Australia; exporters gear up, excited for "dawn of new era" [In-depth]

Time for India to follow suit? France, Germany, Netherlands, US banned use of EVMs [here's why]

Dhanush's Captain Miller has no buyers in Telugu states? Here's why

Deepika Padukone is a sight to behold in velvet gown; attends Academy Museum Gala with Selena Gomez, Dua Lip [see pics]