RBI targets 5.2 per cent retail inflation for first half of FY22
Business | April 07, 2021 12:02 ISTThe food inflation trajectory will critically depend on temporal and special progress of southwest monsoon in the 2021 season.
The food inflation trajectory will critically depend on temporal and special progress of southwest monsoon in the 2021 season.
From changes in banking rules due to merger of banks, income tax filing rule changes in terms of EPF investment, to, new salary structure from April 2021, TDS/TCS deduction, changes in ITR rules for senior citizens, LTC cash voucher scheme, banks merger etc. are some of the glaring changes that are going to take place from 1st April 2021.
The Ministry of Finance on Monday rebutted reports claiming that the Financial Year was being extended. Issuing a clarification, the Ministry of Finance told news agency ANI that a notification issued by the Government of India was being "misquoted".
Steel major JSW Steel on Tuesday said it expects to raise its supply to metro rail projects to about 1,50,000 metric tonnes in the current financial year.
"The Union Cabinet approved the Fifteenth Finance Commission (FC) to submit its first report for the first fiscal year viz. 2020-21 and to extend the tenure of XV-FC to provide for the presentation of the final report covering FYs 2021-22 to 2025-26 by October, 31, 2020," an official statement said.
Supply of coal to the power sector by state-owned Coal India Limited (CIL) declined by 2.6 per cent to 80.9 million tonnes in the first two months of the ongoing fiscal, government data showed.
The fiscal deficit or gap between expenditure and revenue, was Rs 3,66,157 crore, as per data released by the Controller General of Accounts (CGA).
The decision was taken at the bank's annual general meeting held on June 27, 2019.
The Centre has projected a sharp increase of 26.6 per cent in non-Goods and Services Tax collection in 2022-23, making up for a loss on account of expiry of compensation cess provision.
"We estimate telecom operators to raise prices in H2FY20 as mobile broadband subscriber penetration reaches 65 per cent," said the report titled "Telecom-Daylight Again".
We are about to enter into the financial year 2019-2020 and it is the perfect time to plan your finances and investments in order to make the most of this financial year from a monetary perspective.
The government will borrow Rs 4.48 lakh crore from the market in 2019-20, marginally higher than the Rs 4.47 lakh crore estimated for the current financial year ending March 2019.
Interim Finance Minister Piyush Goyal assured that government will maintain stability in the economy and meet all economic parameters fixed by it
While the government expects you to pay taxes honestly, make sure you make use of its exemption schemes to the fullest
Madhya Pradesh became the first state to announce shifting of its financial year format to January-December from 2018.
Madhya Pradesh on Tuesday became the first Indian state to announce shifting of its financial year format to January-December from the present April-March cycle.
PM Narendra Modi asked the states to consider advancing the financial year to January-December, saying that in a country where agricultural income is exceedingly important, budget should be prepared immediately after its receipt for the year.
The new financial year 2017-18 starts today, thus new decisions and rules announced by government also comes into effect.
The Budget process has finally begun, this time a month ahead of schedule, with the Halva ceremony at the North Block marking an auspicious beginning to an exercise that will see employees of the Finance
New Delhi: A committee headed by former CEA Shankar Acharya has been set by the government to examine the desirability and feasibility of having a new financial year, replacing the existing April-March period. The
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