Home » Business » Economy

Economy - Page 118

Goods and Service Tax

Rising revenue trend prompted govt to peg 18 pc rise in FY20 GST...

The collection during this fiscal would be less by Rs 1 lakh crore from the Rs 7.43 lakh crore estimated in the budget...

3 Feb 2019 5:18 PM IST

Budget 2019: Textiles Ministry budget allocation trimmed to Rs...

Piyush Goyal has proposed Rs 5,831.48 crore budgetary allocation for the textile ministry for 2019-20.

3 Feb 2019 1:15 PM IST

Direct tax collection in the fiscal year just ended has exceeded the targets with a record 6.84 lakh income tax returns being filed, officials said today.

Tax rebates for middle class to benefit travel, tourism sector:...

The focus on tax rebates for the middle class has brought a sigh of relief for them and now they will be able to spend...

2 Feb 2019 6:38 PM IST

Subhash Chandra Garg

Fiscal deficit to be 3.3 percent for FY 2018-19: DEA Secretary

Economic Affairs Secretary Subhash Chandra Garg stated that FY2018-19 will end with a fiscal deficit of 3.3 per cent of...

2 Feb 2019 6:03 PM IST

Govt to held new survey to show enough job creation: Bibek Oberoy

Unemployment rate in India stood at 6.1 per cent in the period of 2017-18.

2 Feb 2019 4:37 PM IST

Almost 81 lakh farmers enrolled for the scheme in 2017 and nearly Rs 3,400 crore was transferred to the insurance companies.

States asked to quickly identify small farmers for income support...

Govt has already earmarked Rs 20,000 cr for disbursement in the current fiscal to an estimated 12 cr farmers.

2 Feb 2019 3:06 PM IST

The Mumbai zone of the Central GST Commissionerate has mopped up revenue of Rs 72,509 crore till February this year, tax officials said.

GST mop-up rises to Rs 1.02 lakh cr in January

The total number of sales return or GSTR-3B filed for the month of December up to January 31, 2019 is 73.3 lakh.

2 Feb 2019 2:55 PM IST

Goods and Service Tax

NDA bets big on tax revision despite Rs 1 lakh crore shortfall in...

During the interim budget, the gross tax revenue after the budget estimation stood still at Rs 25.5 lakh crore.

2 Feb 2019 1:34 PM IST

As the downward spiral of the rupee continues, its effect will be felt in the government not being able to hold the fiscal deficit, inflation in oil and other imports, the fall of investments made in the stock market and the increased cost to companies in repaying foreign loans.

India's sovereign rating profile to be evaluated based on...

The government's projections suggest a stabilisation of the central government deficit at 3.4 per cent of GDP next year.

2 Feb 2019 1:29 PM IST

In 2015, 3,266 farmers committed suicide in the state.

Interim Budget focused on rural and agriculture sector: DBS bank

Govt revised up the FY19 fiscal deficit at -3.4 per cent of the GDP vs -3.3 per cent in the budgeted estimate.

2 Feb 2019 12:17 PM IST

Nisha Desai Biswal, former Indian-American assistant secretary of state for South and Central Asia (Photo: Facebook)

Top US advocacy group praises Piyush Goyal for the positive elements

The interim Budget comes after the disappointing moves made by the Union government to control a quick execution in its...

2 Feb 2019 11:35 AM IST

Railways will eventually extend the scheme to all trains in which meals are served, officials said. (Photo: Pixabay)

Budget allocates enough funds for MUTP: railway officials

The interim budget presented by finance minister Piyush Goyal has allotted Rs 7,672 crore for the Central Railway.

2 Feb 2019 11:19 AM IST