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Net direct tax receipts rise 5% Updated: Updated: FY21 collections exceed estimates at ₹9.45 lakh cr.; ‘fiscal deficit may be lower’ Share Article FY21 collections exceed estimates at ₹9.45 lakh cr.; ‘fiscal deficit may be lower’ India’s net direct tax collections for the pandemic-hit financial year 2020-21 grew by almost 5% year-on-year to ₹9.45 lakh crore, exceeding the revised estimates of ₹9.05 lakh crore presented in the Union Budget and reflecting a gradual economic recovery in recent months. Tax experts said that the Vivad Se Vishwas Scheme to settle pending tax dispu...

The four banks on the shortlist are Bank of Maharashtra, Bank of India, Indian Overseas Bank and the Central Bank of India.

Updated Feb 16, 2021 | 13:14 IST Bank of Maharashtra, Bank of India, Indian Overseas Bank and the Central Bank of India have been shortlisted for privatisation, as per Reuters BoM, BoI, IOB, Central Bank shortlisted for privatisation: Report   |  Photo Credit: BCCL India's government has shortlisted four mid-sized state-run banks for privatisation, under a new push to sell state assets and shore up government revenues, three government sources said. Privatisation of the banking sector, which is dominated by state-run behemoths with hundreds of thousands of e...

The government has shortlisted four mid-sized state-run banks for privatisation, under a new push to sell state assets and shore up government revenues, three government sources said.

India's government has shortlisted four mid-sized state-run banks for privatisation, under a new push to sell state assets and shore up government revenues, three government sources said.