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FINANCIAL YEAR NEWS

Consumption improvement to fuel growth story for GAVL, says MD

May 16, 2022 3:37 pm

Balaram Singh Yadav, who was speaking to The Indian Express about the Q4 results of the company, said consumption is set to cross the pre-pandemic levels with offices reopening and weddings and other ceremonies becoming more and more common.

‘Rise of retail investors push share of equities in household assets to all-time high at 4.8%’

March 25, 2022 1:32 am

Indian household asset holdings — based on savings data and MTM (mark-to-market) calculations — over the last 15 years suggests that equities as a percentage of households (HH) net worth have risen to an all-time high, according to a report from research firm Jefferies.

Pune sees record dip in warehousing due to Covid-induced economic slowdown

July 07, 2021 8:58 am

In their latest report on warehouse transactions for the year 2020-21, property consultant Knight Frank has singled out Pune and Ahmedabad for the least such transactions in the country.

HDFC Bank Q4 net up 18.17%; no dividend for FY21

April 18, 2021 2:23 am

However, on a sequential basis, the standalone net profit declined 6.5 per cent compared with Rs 8,758 crore in the December quarter (Q3FY21).

PMC Budget 2021-22: On priority, health infrastructure, riverfront development and robust public transport

January 29, 2021 11:37 pm

The PMC will also kickstart the riverfront development project for which budgetary provision of Rs 150 crore has been made, said Kumar.

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Govt unlikely to achieve FY21 Budget targets due to COVID-19 crisis: DEA Secretary

July 23, 2020 10:05 pm

Economic Affairs Secretary Tarun Bajaj said the government on a regular basis is monitoring 14-15 parameters which can give early signs of where the economy is heading.

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All the tax changes that take effect with the start of new fiscal year 2020-21

April 01, 2020 3:25 pm

From new tax regimes to abolition of dividend distribution tax (DDT) and merger of public sector banks, we take a look at all the changes which come into effect from today with the start of the new fiscal year.

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States get nod to borrow more for FY20, but must amend FRBM law

March 14, 2020 2:17 am

The directive was issued by the Finance Ministry over two weeks ago, after which some of the states took the call to amend their respective FRBM laws, a Finance Ministry official said.

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ITR filing: Here's how to check Income Tax refund status online

July 25, 2019 7:15 pm

Income Tax (ITR) Refund Status Online 2019-20: Once the Income Tax is filed, the IT department will undertake a series of actions to process the ITR. If a refund is due, it informs the tax payee via SMS or email.

Denied subsidy for exhibitions, industrialists fume

September 18, 2014 9:46 am

Budget for general category for this year already used up: NSIC .

FINANCIAL YEAR VIDEOS

Prudence lay in adhering to fiscal targets: Arun Jaitley

February 29, 2016 4:47 pm

New Delhi, Feb 29 (ANI): Finance Minister Arun Jaitley while presenting the Union Budget 2016-17 said they were confronted with stress assets problem in public sector banks. He said that public money should reach the poor and deserving without any leakage. A bill on targeted delivery of financial services using Aadhar is also to be introduced. Jaitley also said that prudence lied in adhering to fiscal targets. He also increased allocation of Rs 1, 80,000 crores under PM MUDRA Yojana. He further added that fiscal deficit for fiscal 2016-17 have been targeted at 3.5 percent. Revenue deficit estimate for Financial Year 2015-16 has been down to 2.5 percent from earlier estimates.