Search For "financial year"
Center releases 15th Finance Commission grants for rural local bodies in A
Updated : 1 year, 5 months ago IST
The Union Government has released the first installment of the Fifteenth Finance Commission (XV FC) grants for the financial year 2024-25 to the Rural Local Bodies (RLBs) in Andhra Pradesh and Rajasthan.
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India's net direct tax collections up by 18.35 pc to almost Rs 11.26 lakh
Updated : 1 year, 5 months ago IST
India's net direct tax collection for the financial year 2024-25 has seen a significant surge, with an increase of 18.35 per cent to almost Rs 11.26 lakh crore year on year, as of 10 October, the data from the Central Board of Direct Taxes (CBDT) shows.
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World Bank raises India's growth outlook for FY25 to 7% from 6.6 %
Updated : 1 year, 5 months ago IST
The World Bank has raised India's economic growth forecast from 6.6 per cent to 7.0 per cent for the financial year 2024-25 citing the growth of agriculture output and policies as a major factor contributing to the employment growth in the economy.
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Rate cut with 7 per cent of growth never happened in India or globally: SB
Updated : 1 year, 5 months ago IST
After the RBI projected more than 7 per cent of GDP growth for the entire financial year 2024-25, a latest report by State Bank of India noted that a rate cut with a 7 per cent growth never happened in the history.
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RBI projects 7.2 pc GDP growth for FY25, CPI inflation to moderate at 4.5
Updated : 1 year, 5 months ago IST
Das said, "Real GDP growth for 2024-25 is projected at 7.2 per cent. With Q2 at 7 per cent, Q3 at 7.4 per cent and Q4 7.4 per cent. Real GDP growth for Q1 of next financial year that is 2025-26 is projected at 7.3 per cent and the risks are evenly balanced."
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Atal Pension Yojana enrolments cross 7 cr mark, over 56 lakh enrolled in F
Updated : 1 year, 5 months ago IST
The Ministry of Finance has announced that total enrolments under the Atal Pension Yojana (APY) have surpassed 7 crores, with more than 56 lakh new enrolments recorded in the current financial year 2024-25.
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Industry expects greater export order, hiring prospects in Q2FY25: CII sur
Updated : 1 year, 5 months ago IST
India's economic outlook for the second quarter of the financial year 2025 appears promising, with the industry expecting greater export orders and enhanced sentiment for employment in the country, as observed by industry body Confederation of Indian Industry (CII) in a survey.
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Indian pharma companies' revenue expected to moderate to 9-11% in FY25 vs
Updated : 1 year, 5 months ago IST
Revenues of Indian pharma companies are likely to expand by 9-11 per cent in the current financial year, albeit a moderation from the increase of 13-14 per cent recorded in the previous year, said rating agency ICRA in a report.
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With increase in private capex, Build-Operate-Transfer projects to grow fr
Updated : 1 year, 5 months ago IST
The private sector's share in capital expenditure is set to increase from financial year 25, highlighted a report by Antique Stock Broking company.
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Central Board of Direct Taxes extends deadline for filing audit reports of
Updated : 1 year, 5 months ago IST
The Central Board of Direct Taxes (CBDT) has announced an extension for the filing of various audit reports for the financial year 2023-24.
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Govt to issue Rs 20,000 cr 'Sovereign Green Bonds' in four tranches this f
Updated : 1 year, 6 months ago IST
The central government has planned to collect Rs 20,000 crores through the 'Sovereign Green Bonds' in the second half (Oct-Mar) of the financial year 2025, according to a release by the Finance Ministry
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11.3 crore new households will have an annual income of over Rs 30 lakh by
Updated : 1 year, 6 months ago IST
The number of Indian households with an annual income of more than Rs 30 lakhs per annum will increase by 11.3 crores by the financial year 2031, according to a report by Ugro Capital.
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