Page 35 - Controller General News Today

Centre’s revenue from corporate tax collection remains a tad weak so far this fiscal compared to what was collected in the same time a year ago

Foreign institutional investors (FII) sold shares worth Rs 2,973.10 crore, while domestic institutional investors (DII) purchased Rs 4,382.76 crore worth of stocks on August 31, provisional data from the National Stock Exchange (NSE) showed.

However, the core sector growth was lower in July compared with the previous month when it was 8.3 per cent, commerce and industry ministry data showed. The output growth of the eight sectors was also lower at 6.4 per cent in April-July 2023-24 against 11.5 per cent in the year-ago period

The Federal Government was planning to have firefighting trucks stationed at every economic zone in the country.  

The Federal Government has said it will decentralize emergency responses, making the Federal Fire Service (FFS), a first responder. The Minister of Interior, Hon. Olubunmi Tunji-Ojo, who disclosed this when he inspected facilities at the headquarters of the FFS in Abuja, said the government would invest more in firefighting. Tunji-Ojo, who highlighted the importance of…

The Centres fiscal deficit target for 2023-24 is 5.9 percent of GDP, or Rs 17.87 lakh crore in absolute terms, down from 6.4 percent of GDP in 2022-23

However, private consumption, capital formation likely to slow down in coming quarters, say economists

The deficit stood at 20.5 per cent of the Budget Estimates (BE) in the corresponding period of the financial year 2022-23.

The government's fiscal deficit rose to Rs 6.06 lakh crore in April-July period, compared to Rs 4.51 lakh crore in April-June, according to data released by the Controller General of Accounts (CGA) on Thursday.This takes the fiscal deficit for ...

Central government's fiscal deficit reached 33.9 percent of annual target in first four months of 2023-24, reaching Rs 6.06 lakh crore by July, informs CGA