Page 33 - Revised Estimate News Today : Breaking News, Live Updates & Top Stories | Vimarsana

City second biggest contributor after Mumbai; brings in nearly half ‘Google Tax’

Economy > Government 01 April 2021 The government will auction Rs7,24,000 crore ($99 billion) of bonds in the six months to September, or about 60 per cent of the full-year target for fiscal 2021-22, economic affairs secretary Tarun Bajaj said. That compares with 60 per cent to 65 per cent of total bonds the government usually issues for the period. While the announcement of the fiscal first-half borrowing plan is largely in line with expectations, the bond market, which is facing near-record debt sales, will have to contend with a large supply of bonds in the fiscal year starting April, whic...

Indirect tax mop-up exceeds Revised Estimate by 9% April 08, 2021 Govt hopeful of better days ahead; experts fear some bumps due to 2nd Covid wave The Centre’s indirect tax collection during fiscal year 2020-21 (FY21) has exceeded not just the Revised Estimate but also actual collection of fiscal year 2019-20 (FY 20). However, experts feel that growth in collection may slow down a bit during FY21 on account of local lockdowns and curfew imposed by many States. “March saw the highest indirect tax collection during the financial year (FY 21). We have exceeded last year’s actual by about 1...

India well prepared to combat second wave of Covid-19: Finance ministry report Top Searches India well prepared to combat second wave of Covid-19: Finance ministry report PTI / Apr 5, 2021, 17:41 IST FacebookTwitterLinkedinEMail NEW DELHI: Having successfully managed the first wave of the coronavirus pandemic, India is well prepared to combat the scourge of the second wave, the finance ministry's monthly economic report said. The report further said high-frequency data indicates that India is on the path to become better and stronger. "After battling a historic pandemic in FY 2020-21, the ...

India well prepared to combat second wave of COVID-19: FinMin report SECTIONS Last Updated: Apr 05, 2021, 05:24 PM IST Share Synopsis "Instrumental in this resilient comeback will be a strong revival in investment growth supported by the AtmaNirbharBharat Mission and a massive boost to infrastructure and capital expenditure provided for in the Union Budget 2021-22," the report said. Agencies With the end of a challenging 2020-21, the crest of a brighter and self-reliant 2021-22 awaits India, the Finance Ministry report said. Having successfully managed the first wave of the coronavirus pandem...