Moving to a three-slab system with median rate at 15% to take at least 2-3 years
Cumulative savings of government on expenditure, thanks to the DBT till FY21-end, was Rs 2.23 trillion
March capex above $1 trn, Centre’s total expenditure last fiscal at RE level
The official said around 80% of the 50-year soft loan to states would be released solely based on the viability…
Currently, Life Insurance Corporation (49.24%) and the government (45.48%) together hold 94.78% stake in the lender.
“Companies cleared out more stocks due to year-end push, which increased dispatches and utilization of loading capacity of each truck…
According to an official source, although the final numbers are still being computed, GTR — receipts before the mandatory transfers…
While a much-awaited restructuring of the goods & services tax (GST) slabs to raise the revenue-neutral rate (RNR), from a…
The Centre’s Budget capex for the next fiscal is pegged at Rs 7.5 trillion, up 36% from the revised estimate…
With the embedded value (EV) of LIC estimated Rs 5.4 trillion, a 5.5-6% stake could fetch the Centre Rs 70,000-80,000…
The driving consideration for such a huge provision of capex through states is that the Centre alone may not be…
The disinvestment receipts were Rs 14,000 crore against the target of Rs 40,000 crore in FY12. Receipts of Rs 1…
Success in the IDBI Bank sale may be indicative of broader investor appetite in state-owned banks with adequate loan-loss reserves.
As regards the fertiliser sector, which relies on domestic gas for nearly 32% of its gas requirement while meeting the…
For instance, the Pradhan Mantri Ujjwala Yojana (PMUY) could not enable the low-income households to use LPG as cooking fuel…
Over the decades, several revival plans have been implemented for the manufacturer of yarn and cloth but none of them…
The states’ demand for a hike in GST rates for a slew of items, including those consumed largely by the…
The government is also considering allowing employees to invest more than 40% of the NPS corpus in systematic withdrawal plans…
