Financial Year
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FY23 disinvestment receipts pegged at Rs 65K crore
Business | Feb 01, 2022, 03:53 PM ISTThe government has mopped up Rs 12,030 crore from PSU disinvestment and strategic sale. This include Rs 2,700 crore from Air India privatisation and another Rs 9,330 crore through minority stake sale in various Central Public Sector Enterprises (CPSEs).
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SEBI probed 94 new cases for flouting securities law in FY21
Business | Aug 08, 2021, 01:37 PM ISTThe cases were related to alleged violation of securities law including market manipulation and price rigging.
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RBI projects retail inflation at 5.1 pc in FY22
Business | Jun 04, 2021, 12:18 PM ISTThe Reserve Bank of India on Friday projected the retail inflation at 5.1 per cent in the current financial year ending March 31, 2022.
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RBI targets 5.2 per cent retail inflation for first half of FY22
Business | Apr 07, 2021, 12:02 PM ISTThe food inflation trajectory will critically depend on temporal and special progress of southwest monsoon in the 2021 season.
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Income Tax filing to EPF investment: Changes in rules from April 1 | All you need to know
Business | Mar 31, 2021, 12:49 PM ISTFrom changes in banking rules due to merger of banks, income tax filing rule changes in terms of EPF investment, to, new salary structure from April 2021, TDS/TCS deduction, changes in ITR rules for senior citizens, LTC cash voucher scheme, banks merger etc. are some of the glaring changes that are going to take place from 1st April 2021.
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No, financial year has not been extended
India | Mar 30, 2020, 11:00 PM ISTThe Ministry of Finance on Monday rebutted reports claiming that the Financial Year was being extended. Issuing a clarification, the Ministry of Finance told news agency ANI that a notification issued by the Government of India was being "misquoted".
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JSW Steel expects to raise supply to 1.5 lakh MT to metro rail projects in FY20
Business | Dec 03, 2019, 01:52 PM ISTSteel major JSW Steel on Tuesday said it expects to raise its supply to metro rail projects to about 1,50,000 metric tonnes in the current financial year.
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Cabinet approves extension of 15th Finance Commission term
Business | Nov 27, 2019, 02:56 PM IST"The Union Cabinet approved the Fifteenth Finance Commission (FC) to submit its first report for the first fiscal year viz. 2020-21 and to extend the tenure of XV-FC to provide for the presentation of the final report covering FYs 2021-22 to 2025-26 by October, 31, 2020," an official statement said.
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Coal supply by CIL to power sector drops 3 per cent in April-May
Business | Jun 30, 2019, 11:03 AM ISTSupply of coal to the power sector by state-owned Coal India Limited (CIL) declined by 2.6 per cent to 80.9 million tonnes in the first two months of the ongoing fiscal, government data showed.
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Fiscal deficit touches 52% of budget estimate in April-May
Budget | Jun 28, 2019, 09:25 PM ISTThe fiscal deficit or gap between expenditure and revenue, was Rs 3,66,157 crore, as per data released by the Controller General of Accounts (CGA).
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Bank of Maharasthra to raise up to Rs 3,000 crore equity capital
Travel | Jun 27, 2019, 09:30 PM ISTThe decision was taken at the bank's annual general meeting held on June 27, 2019.
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Government projects sharp rise in non-GST revenue in FY23
Business | May 27, 2019, 08:14 PM ISTThe Centre has projected a sharp increase of 26.6 per cent in non-Goods and Services Tax collection in 2022-23, making up for a loss on account of expiry of compensation cess provision.
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Telecom tariffs to rise in 2nd half of current financial year
Business | Apr 16, 2019, 05:22 PM IST"We estimate telecom operators to raise prices in H2FY20 as mobile broadband subscriber penetration reaches 65 per cent," said the report titled "Telecom-Daylight Again".
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8 financial moves that may help you make money
Business | Jun 20, 2019, 05:15 PM ISTWe are about to enter into the financial year 2019-2020 and it is the perfect time to plan your finances and investments in order to make the most of this financial year from a monetary perspective.
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Interim Budget 2019: Government pegs market borrowing at Rs 4.48 lakh crore for financial year 2020
Budget | Feb 01, 2019, 06:34 PM ISTThe government will borrow Rs 4.48 lakh crore from the market in 2019-20, marginally higher than the Rs 4.47 lakh crore estimated for the current financial year ending March 2019.
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Govt committed to meet fiscal deficit target of 3.3 per cent this year: Piyush Goyal
Business | Jun 18, 2018, 02:20 PM ISTInterim Finance Minister Piyush Goyal assured that government will maintain stability in the economy and meet all economic parameters fixed by it
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What to submit to avoid paying excess TDS
Business | Aug 01, 2019, 06:29 PM ISTWhile the government expects you to pay taxes honestly, make sure you make use of its exemption schemes to the fullest
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Financial year likely to be changed from 2018; Budget in November?
Jun 26, 2017, 07:52 PM ISTMadhya Pradesh became the first state to announce shifting of its financial year format to January-December from 2018.
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After PM Modi's pitch at NITI Aayog, Madhya Pradesh adopts Jan-Dec fiscal
May 02, 2017, 07:00 PM ISTMadhya Pradesh on Tuesday became the first Indian state to announce shifting of its financial year format to January-December from the present April-March cycle.
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PM Modi urges states to consider January-December financial year
National | Apr 24, 2017, 09:19 AM ISTPM Narendra Modi asked the states to consider advancing the financial year to January-December, saying that in a country where agricultural income is exceedingly important, budget should be prepared immediately after its receipt for the year.