Search For "financial year"
"Income inequalities increasing under Modi Govt," alleges Jairam Ramesh
Updated : 2 years, 5 months ago IST
The analysis of income tax returns reveals a widening gap between the ultra-rich and the middle class during the tenure of the Modi government. The data speaks volumes--during the financial year 2013-14, the top 1 per cent of income taxpayers collectively accounted for 17 per cent of all inc
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IMF proposes Pakistan to adopt austerity in new development projects
Updated : 2 years, 5 months ago IST
The International Monetary Fund (IMF) has reportedly proposed tight austerity conditions in Pakistan's development budget and expressed concern over the allocation of funds for new projects in the current financial year, ARY News reported.
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DGGI detects Rs 1.36 lakh crore overall GST evasion in FY2023-24
Updated : 2 years, 5 months ago IST
According to an official press release from the Ministry of Finance, "Overall in FY2023-24, Rs 1.36 lakh crore has been detected as overall GST evasion (including fake ITC) and voluntary payment of Rs 14,108 crore has been made for the same."
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Cabinet approves productivity-linked bonus for non-gazetted Railway employ
Updated : 2 years, 5 months ago IST
This bonus is for the financial year 2022-23 and will benefit a wide array of railway staff, including Track maintainers, Loco Pilots, Train Managers (Guards), Station Masters, Supervisors, Technicians, Technician Helpers, Points man, Ministerial Staff, and other Group 'C' staff, excludin
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Collected over Rs 700 cr in TDS from online gaming companies, crypto: CBDT
Updated : 2 years, 5 months ago IST
The Central Board of Direct Taxes (CBDT) has collected more than Rs 700 crore as Tax Deduction at Source (TDS) this financial year after a new TDS regime was brought in for online gaming and trade in cryptocurrency, said the tax body's chairman Nitin Gupta
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Gross direct tax collections rise 18 per cent this fiscal
Updated : 2 years, 5 months ago IST
A total of Rs 11.07 lakh crore (gross) worth of direct taxes have been collected so far in the current financial year 2023-24, representing a 17.95 per cent increase on a yearly basis, Central Board of Direct Taxes Chairman Nitin Gupta said on Tuesday.
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"AAP pushed Punjab to financial mess": BJP's Tarun Chugh
Updated : 2 years, 5 months ago IST
Tarun Chugh said in 2021-22 Punjab had a debt of Rs 2.82 lakh crore which skyrocketed to Rs 3.12 lakh crore in the 2022-23 financial year.
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Delhi L-G chairs 5th Court meeting of Indira Gandhi Delhi Technical Univer
Updated : 2 years, 5 months ago IST
"Chaired the 5th Court meeting of Indira Gandhi Delhi Technical University for Women (IGDTUW). Reviewed the annual report of the university along with the audited annual accounts for the financial year 2021-22 and asked for optimum utilisation of available funds," Saxena posted on X.
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NTPC’s coal production rises 83 pc in first half of 2023-24
Updated : 2 years, 5 months ago IST
Power producer NTPC reported an 83 per cent growth in coal production from its captive mines during the first half of the financial year 2023-24
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World Bank sees 5.8 pc growth in South Asia in 2023 fiscal
Updated : 2 years, 5 months ago IST
South Asia is expected to grow by 5.8 per cent in the financial year 2023, but slower than its pre-pandemic pace and not fast enough to meet its development goals, said the World Bank in its twice-a-year regional outlook released on Tuesday. The growth forecast for 2023 is 20 basis points hi
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World Bank maintains India's 2023-24 GDP growth at 6.3 pc
Updated : 2 years, 5 months ago IST
The World Bank has retained India’s GDP growth forecast for the financial year 2023-24 at 6.3 per cent, but noted that the country continued to show resilience against the backdrop of a challenging global environment.
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GST collection in September rises 10 pc to Rs 1.62 lakh crore
Updated : 2 years, 5 months ago IST
It is the fourth time that the gross GST collection has crossed the Rs 1.60 lakh crore mark in the financial year 2023-24. Notably, in April, the gross GST collection was at an all-time high of Rs 187,035 crore.
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