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CURRENT FISCAL NEWS

Punjab unearths Rs 1,549-cr billing scam, Ludhiana leads with Rs 900 cr fake invoices

May 13, 2025 9:40 am

Addressing a press conference at Punjab Bhawan here, Cheema provided details on the enforcement actions undertaken by the state Taxation Department

Why states should utilise fiscal room to ramp up capital spending

October 27, 2022 9:14 am

With the global economic environment taking a turn for the worse, with demand slowing down in advanced economies and continued aggressive monetary tightening by central banks, how effectively states ramp up their spending will have a critical bearing on the pace the Indian economy grows at in the second half of the year

Finance Bill debate: Didn't impose new taxes, focused on Capex for economic recovery, says FM

March 25, 2022 9:53 pm

Observing that the Modi government believes in lowering taxes, Sitharaman said the reduction in corporate tax has “helped the economy, government and companies, and we are seeing the progress”.

Short Change: Mutual fund accounts drop by over 29 lakh in April-January

February 17, 2014 2:21 am

According to Sebi data on total investor accounts with 45 fund houses, the number of folios fell to around 3.99 crore at the end of January 2014.

Short change: Companies mop up Rs 16,000 crore via retail NCDs during April-October

November 18, 2013 4:55 am

Nine non-banking finance companies,including Power Finance Corp (PFC),Housing and Urban Development Corp (HUDCO) and Rural Electrification Corp (REC) have tapped the NCD route looking to mop up Rs 4,975 crore.

6 UP towns register 39% growth in job creation

August 20, 2013 4:22 am

Six major cities of Uttar Pradesh have clocked an average growth of over 39 per cent in new job creation in the first quarter of the current fiscal

April-July indirect tax mop-up rises 2.9%

August 15, 2013 2:17 am

Contracting industrial production,falling imports and overall economic slowdown

SpiceJet April-June net profit down 10%

August 06, 2013 3:08 am

SpiceJet’s net profit during the first quarter of the current fiscal fell by 10 per cent at Rs 50.55 crore on account of rupee’s falling value and high cost of fuel

PNB seeks R1,500 cr from govt; net up 2.4%

July 27, 2013 12:48 am

Net interest margin declines to 3.52% in Q1

SBI plans to hire 10,000 this fiscal

June 24, 2013 5:56 am

Around 7,500 SBI staff will retire this fiscal

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