Search For "fiscal"
COVID-19 damages India's growth and fiscal outlook, may impact sovereign r
Updated : 5 years, 10 months ago IST
Hong Kong, April 28 (ANI): Fitch Ratings has again revised down its economic growth forecast for India to 0.8 per cent in the fiscal year ending March 2021, reflecting the impact of the coronavirus pandemic and official efforts to contain it.
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IRS Association's FORCE report an irresponsible act of few officers: Finan
Updated : 5 years, 10 months ago IST
New Delhi [India], April 27 (ANI): An ill-conceived report named as Fiscal Options and Response to Covid-19 Epidemic (FORCE) put up by a group of officers through the Indian Revenue Service (IRS) Association giving suggestions on increasing taxes and releasing the same in media through IRS A
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Mindtree Q4 net profit up 3.9 pc, closes FY20 with wins of $1.2 billion
Updated : 5 years, 10 months ago IST
Bengaluru (Karnataka) [India], Apr 24 (ANI): L&T-owned digital transformation company Mindtree on Friday reported 3.9 per cent growth in the fourth quarter net profit at Rs 206 crore over the same period in previous fiscal.
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Tata Steel India production up 6 pc in Q4 at 4.74 million tonnes
Updated : 5 years, 10 months ago IST
Mumbai (Maharashtra) [India], April 22 (ANI): Tata Steel said on Wednesday its production volume grew by 6 per cent year-on-year to 4.74 million tonnes during the fourth quarter (Q4) of previous fiscal (2019-20) compared to 4.48 million tonnes in Q4 FY19.
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Infosys Q4 profit up 6.3 pc at Rs 4,335 crore, revenue at Rs 23,267 crore
Updated : 5 years, 11 months ago IST
Bengaluru (Karnataka) [India], April 20 (ANI): IT major Infosys on Monday reported a net profit of Rs 4,335 crore for the quarter ended March 2020, up 6.3 per cent from Rs 4,078 crore in the corresponding period of previous fiscal.
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CBDT revising I-T Return forms to enable taxpayers to avail benefits of ti
Updated : 5 years, 11 months ago IST
New Delhi [India], April 19 (ANI): In order to enable taxpayers to avail full benefits of various timeline extensions granted by the Government of India due to COVID19 pandemic situations, the Central Board of Direct Taxes (CBDT) is revising the return forms for the Fiscal Year 2019-20 (Asse
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JLR retail sales skid 12 pc in FY20 due to COVID-19 crisis
Updated : 5 years, 11 months ago IST
Whitley [UK], Apr 18 (ANI): Jaguar Land Rover said on Saturday its retail sales in fiscal 2019-20 totalled 5.08 lakh vehicles, down 12.1 per cent year-on-year primarily as a result of the coronavirus pandemic significantly impacting sales in the fourth quarter.
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SBI research unit puts loss of Rs 12.1 lakh crore due to COVID-19 lockdown
Updated : 5 years, 11 months ago IST
Mumbai (Maharashtra) [India], Apr 16 (ANI): With the COVID-19 lockdown being extended till May 3 and simultaneously government providing some relaxations from April 20, a report by State Bank of India's economic research department on Thursday estimated the overall loss for FY21 at Rs 12.
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Auto dealers see massive layoffs amid coronavirus lockdown, call for fisca
Updated : 5 years, 11 months ago IST
New Delhi [India], April 13 (ANI): The Federation of Automobile Dealers Associations (FADA) on Monday called for a substantial reduction in Goods and Services Tax (GST) and a series of fiscal concessions to tide over the economic impact of coronavirus epidemic and subsequent lockdown.
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Combating COVID-19: Punjab Sub-Committee on fiscal management to be expand
Updated : 5 years, 11 months ago IST
Chandigarh (Punjab) [India], April 10 (ANI): The Punjab Council of Ministers on Friday authorised Chief Minister Captain Amarinder Singh to nominate four additional members on the Cabinet Sub-Committee on fiscal management for broad-based discussion and decision on expenditure cuts needed to
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CII calls for 2 pc of GDP in fiscal support package to tide over COVID-19
Updated : 5 years, 11 months ago IST
New Delhi [India], April 8 (ANI): The Confederation of Indian Industry (CII) has called for a fiscal support package during the current financial year 2020-21 limited to two per cent of the gross domestic product (GDP) in addition to the Rs 1.7 lakh crore provided under the Pradhan Mantri Ga
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JSW Steel production declines by 4 pc in FY20 to 16.06 million tonnes
Updated : 5 years, 11 months ago IST
Mumbai (Maharashtra) [India], April 7 (ANI): JSW Steel, the flagship business of 14 billion dollar JSW Group, on Tuesday reported crude steel production of 16.06 million tonnes in 2019-20 which marked a 4 per cent decline from 16.69 million tonnes in the previous fiscal year.
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