Page 95 - Fiscal News Today

According a projection made by ICRA, the GST compensation requirement of states would work out to more than double of last year at Rs 2.65 lakh crore in the current year. This is based on estimates that FY22 state GST (SGST) collections of all states would be to the tune of Rs 6.1 lakh crore.If t

Biden to push $6 tn US budget for next fiscal year Published: 8:43 PM, May 27, 2021 US President Joe Biden SHARE WASHINGTON: President Joe Biden will seek $6 trillion in US federal spending for the 2022 fiscal year, rising to $8.2 trillion by 2031, the New York Times reported on Thursday, a day before the White House is expected to unveil its budget proposal. Citing documents it had obtained, the Times said the Democratic president planned to pay for his...

Healthy demand revival in value added products (VAP, 30-35 per cent of organized sector revenue) post pandemic effect last fiscal, lower restrictions as compared with the earlier covid wave, and steady demand for liquid milk (65-70 per cent or organized sector revenue) will help support overall growth in the current fiscal, the ratings agency said in a report on the sector.With

Healthy demand revival in value added products (VAP, 30-35 per cent of organized sector revenue) post pandemic effect last fiscal, lower restrictions as compared with the earlier covid wave, and steady demand for liquid milk (65-70 per cent or organized sector revenue) will help support overall growth in the current fiscal, the ratings agency said in a report on the sector.With

India Business News: The income tax (I-T) department on Wednesday said it has issued Rs 25,301 crore-worth refunds to more than 15.45 lakh taxpayers so far this fiscal. Ou

The US GDP rose by 6.4 per cent in the first three months of this year. Besides, several countries that have been dependent on China for imports of goods are now actively looking to diversify their markets.Whil

Tarin sees economy expanding by 5pc next fiscal year Top Story Ag APP ISLAMABAD: Finance minister Shaukat Tarin on Sunday said the 3.94 per cent GDP growth during the current year was calculated in a “transparent manner” and if things continued apace, the economy would grow by a rosy 5 per cent next year, as he parried attacks from the opposition who accused the government of “fudging the figures”. Addressing a virtual press briefing, Tarin predicted that based on current trends, the e...

Photo Credit: IANS IANSLive Mumbai, May 24 (IANS) Last fiscal, the national highways sector thumbed a nose at Covid-19 and delivered a stellar performance, riding on higher project awards, record construction, and traffic that surpassed pre-pandemic levels once the lockdowns were lifted in the second half. To get full access of the story, click here to subscribe to IANS News Service © 2021 IANS India Private Limited. All Rights Reserved. The reproduction of the story/photograph in any form w...

"Una de mis primeras iniciativas que presentaré al llegar al Congreso del Estado es la conformación, dentro de la ley, de un Padrón de desobligados y ...

It plans to borrow ₹23,450 cr. in Q1 Tamil Nadu has so far raised ₹9,000 crore during the fiscal 2021-22 through market borrowings, according to data from the Reserve Bank of India. The State has indicated that it plans to borrow ₹23,450 crore in the first quarter of this fiscal (April-June 2021). This is less than the ₹28,000 crore it had borrowed in the same period of 2020-21. However, amid intense lockdowns to fight the second wave of COVID-19, States, including Tamil Nadu, have to ...