New Delhi, Apr 1 (PTI) CNG price in the national capital on Friday was hiked by 80 paise per kg on the back of the government raising input natural gas prices to record levels. CNG price in the National Capital Territory (NCT) of Delhi has been increased to Rs 60.81 per kg from Rs 60.01, [...]
GST collections soared to an all-time high of Rs 1.42 lakh crore in March as the fiscal year-end frenzy to meet targets saw strong sales and a crackdown on evasions brought in more taxes. The Goods and Services Tax (GST) collection rose 15 per cent annually in March, the finance ministry said on Friday. With [...]
Bhopal, Apr 1 (PTI) The Madhya Pradesh Electricity Regulatory Commission (MPERC) has cleared a hike of 2.64 per cent in power tariff for the current financial year.The increase comes amid rising prices of fuels such as petrol, diesel and LPG.MPERC secretary Gajendra Tiwari told PTI on Friday that once the commission clears a hike in [...]
New Delhi, Apr 1 (PTI) About 2,349 Farmer Producers Organisations (FPOs) have been formed in the last two years under a central scheme launched in 2020, Agriculture Minister Narendra Singh Tomar said in Rajya Sabha on Friday. The government is implementing a new central scheme "Formation and Promotion of 10,000 FPOs" under which FPOs formed [...]
New Delhi, Apr 1 (PTI) The finance ministry has asked other ministries and departments not to issue 'Letter of Comfort' to any hired entity for undertaking projects on their behalf, as part of efforts to improve transparency in fiscal management. Issuance of 'Letter of Comfort' by the ministries and department helps a vendor in achieving [...]
Mumbai, Apr 1 (PTI) Corporate India's credit quality showed a sharp improvement in the second half of FY22, but high input prices and withdrawal of pandemic-related relief measures can pose pressures in the new year, rating agencies said on Friday. Crisil Ratings, which rates a large number of financial sector entities, reported an improvement in [...]
Ahmedabad, Apr 1 (PTI) The report of the Comptroller and Auditor General of India tabled in the Gujarat Assembly has pointed out that the state government needs to formulate a "well thought out" debt repayment strategy to avoid falling into a debt trap. The 'State Finances Audit Report of the CAG for the year ended [...]
New Delhi, Apr 1 (PTI) The government has exempted tour operators from collecting taxes from non-resident Indians visiting India and booking their overseas tour package from the country. Currently, domestic tour operators are required to collect 5 per cent tax collected at source (TCS) on sale of overseas tour packages. The Income Tax Act provides [...]
New Delhi, Apr 1 (PTI) The government on Friday said there is no proposal under consideration to revise the subsidy sharing pattern between the Centre and states under the Pradhan Mantri Fasal Bima Yojana. PMFBY (Pradhan Mantri Fasal Bima Yojana), launched in February 2016, aims at providing financial support to farmers facing crop loss/damage due [...]
Jet fuel prices on Friday were hiked by 2 per cent - the seventh straight increase this year - to an all-time high, reflecting a surge in global energy prices. Aviation turbine fuel (ATF) - the fuel that helps aeroplanes fly - was hiked by Rs 2,258.54 per kilolitre, or 2 per cent, to Rs [...]
