Chennai, Mar 18 (PTI) The Tamil Nadu budget presented by Finance Minister Palanivel Thiaga Rajan is 'balanced' for all segments and 'robust' given the current state of affairs, property consultant Knight Frank said on Friday. The budget has 'significant' allocations towards housing projects, restoration and recreational development, infrastructure, education and healthcare keeping in mind the [...]
Despite COVID-19, the information-technology industry in Kerala has showcased growth with the opening of 181 new companies in IT parks and creating over 10,000 new jobs, Chief Minister of the State Pinarayi Vijayan said on Friday. Developmental activities, focus on IT parks, and various concessions granted by the government have helped not only to retain [...]
Washington, Mar 17 (PTI) The global economic fallout of the war in Ukraine is expected to negatively impact India's economy, while the immediate impact of the conflict on China is likely to be relatively small, the IMF said on Thursday.“The global economic fallout of the war is expected to negatively impact India's economy through a [...]
New Delhi, Mar 17 (PTI) The implementation of the goods and services tax and subsequent changes in the indirect taxation regime have benefitted traders and manufacturers by significantly reducing the inter-state transaction costs and the incidence of multiple indirect taxation, PHDCCI President Pradeep Multani said on Friday. "There has been substantial shifting of goods from [...]
New Delhi, Mar 17 (PTI) India's collection from tax on personal and corporate income jumped over 48 per cent in the current fiscal after a 41 per cent surge in advance tax payments, mirroring sustained economic recovery in a year that witnessed two waves of coronavirus infections. Net collections of direct taxes until March 16, [...]
Advance tax collections jump 41 pc to Rs 6.63 lakh cr; net direct tax collections soar to Rs 13.63 lakh cr in FY22: Official statement. PTI ANZ ABM ABM
New Delhi, Mar 17 (PTI) Retail inflation for farm workers and rural labourers rose to 5.59 per cent and 5.94 per cent respectively in February, mainly due to higher prices of certain food items, official data showed on Thursday. Point to point rate of inflation based on the CPI-AL (consumer price index for agricultural labourers) [...]
Agartala, Mar 17 (PTI) Tripura Deputy Chief Minister Jishnu Dev Varma on Thursday presented a Rs 26,893-crore budget for the 2022-23 fiscal in the assembly without proposing any new tax while emphasising on development of infrastructure, industries and social sector.The budgetary outlay is 18.34 per cent more than that of the 2021-22 financial year.Dev Varma, [...]
Mumbai, Mar 17 (PTI) Nudging the private sector to participate in the economic recovery process, the RBI in an article said the infrastructure-first strategy of the 2022-23 Budget unveiled in Parliament last month will pay dividends for several years to come.The article also said that while the post-pandemic debt consolidation will rely primarily on GDP [...]
New Delhi, Mar 17 (PTI) With its trade with India trebling to 5.5 billion euros in the past decade, Ireland is keen on further strengthening bilateral commercial relations with Asia's third-largest economy, its trade minister said. Ireland Minister of State for Trade Promotion Robert Troy, who visited India as part of his St. Patrick's Day [...]
