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The eight infrastructure sectors of coal, crude, natural gas, refinery products, fertilisers, steel, cement and electricity had contracted by 37.9 per cent in April 2020
Read more about Core sectors' output soars by 56.1% in April due to low base effect on Business Standard. But it is down 15% sequentially due to second wave
In absolute terms, fiscal deficit stood at Rs 18.21 lakh crore; revenue deficit during 2020-21 stood at Rs 14.54 lakh crore, or 7.42 per cent of GDP
Read more about Feb factory output shrinks 3.6% in sharpest contraction in six months on Business Standard. The cumulative decline during April-February (2020-21) was 11.3%, compared to a growth of 1% during the same period a year ago
Direct tax collection exceeds revised estimate by 5% in FY21 April 09, 2021 The provisional figures show collection at ₹9.45 lakh crore. Direct tax collection during FY 2020-21 has registered nearly 5 per cent growth over the revised estimate, Finance Ministry said on Friday. Experts are optimistic about a lower fiscal deficit with improvement in indirect tax collection than the revised estimate. Provisional figures show collection at ₹9.45 lakh crore. “The net Direct Tax collections represent 104.46 per cent of the Revised Estimates of ₹9.05 lakh crore of Direct Taxes for the FY 20...