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Revenue Collection Target
Business  /  Published 20.10.20

GST: demand to raise borrowing

The GST compensation row is festering over the sum the Centre must borrow to bail out the states who have their hands full with the pandemic. Opposition ruled Kerala, which have been in the forefront...
By Our Special Correspondent in New Delhi

Business  /  Published 18.10.20

Jharkhand refuses loans

Jharkhand has rejected the Centre’s proposal to take a loan to make up for its GST revenue shortfall, chief minister Hemant Soren told reporters after a meeting of the state cabinet in Ranchi la...
By Achintya Ganguly in Ranchi

Business  /  Published 01.10.20

Centre sticks to borrowing limit

The fiscal deficit has touched 109.3 per cent of the annual target estimated in the budget during April-August. In absolute terms, the fiscal deficit was at Rs 8,70,347 crore. It stood at 78.7 per ce...
By Our Special Correspondent in New Delhi

West Bengal  /  Published 24.09.20

Bengal austerity curbs till March

The Bengal government has decided to extend its austerity measures in the backdrop of the Covid pandemic till March 31, 2021, the decision revealing that the state’s own revenue generation has n...
By Our Special Correspondent in Calcutta

Business  /  Published 01.09.20

Deficit overshoots budgeted target

The country’s fiscal deficit overshot the budgeted target for the current financial year within four months (April-July), mainly on account of the impact of lockdown on revenue collections. Acc...
By Our Special Correspondent in New Delhi

Jharkhand  /  Published 06.07.20

Measures to hike civic body revenue

The cash-strapped Jharkhand Mineral Area Development Authority has planned to construct a marketing complex and marriage halls to increase its revenue.  Marketing complex-cum-marriage halls have...
By Our Correspondent in Dhanbad

Business  /  Published 10.10.19

Moody’s cuts growth forecast to 5.8%

Moody’s Investors Service on Thursday cut its growth forecast for India for 2019-20 to 5.8 per cent from 6.2 per cent, saying the economy was experiencing a pronounced slowdown which was partly rela...
By Our Special Correspondent in New Delhi

Business  /  Published 01.01.20

GST kitty falls short of target

The GST collection for December fell short of the target set by the finance ministry even though it topped the Rs 1-lakh- crore mark for the second consecutive month with the December mop-up rising to...
By Our Special Correspondent in New Delhi

Business  /  Published 28.09.18

Govt to cut down borrowing

A day after the Reserve Bank of India (RBI) took a step to improve liquidity for banks, the Union government chipped in by cutting its borrowing target for the second half of this year. The move will ...
By Our Special Correspondent in Mumbai

Business  /  Published 10.05.20

Export sops in the works

The commerce ministry has lined up a revival package for exporters, which includes greater incentives on existing schemes, extension of the interest subsidy scheme, amnesty on loan defaults and sops f...
By R. Suryamurthy in New Delhi


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