Mar 20, 2015 at 08:23 | Source: PTI
Calculating national income with 2011-12 as the base year, the CSO revised the growth for 2013-14 to 6.9 percent. Growth rate was earlier calculated with 2004-05 as base year. Members, during the debate on General Budget, contended that high growth rate as projected was not visible on the ground.
Mar 18, 2015 at 16:53 | Source: PTI
The tax foregone - customs duty and central excise duty including rebate - under the SEZ scheme was Rs 10,440 crore in 2013-14.
Mar 03, 2015 at 16:50 | Source: PTI
A total of 44,07,193 non-filers for assessment year 2013-14 who are expected to file their tax returns by March 31, the closing date for fiscal 2014-15, are on the radar of the I-T department. "Over 44 lakh filers have potential tax liabilities.
Feb 18, 2015 at 10:28 | Source: Moneycontrol.com
FY 2014-2015 has seen a good rally in the stock market and investors have made good money in shares. This also means that there may a need to pay some capital gain tax. Depending on the time frame of your investment, you may have to pay some capital gain tax.
Feb 14, 2015 at 14:37 | Source: CNBC-TV18
In an interview to CNBC-TV18, TCA Anant, chief statistician, CSO says the new method of calculating the GDP captures the underlying value added to goods and services better than the older series.
Feb 09, 2015 at 19:43 | Source: CNBC-TV18
Defending the new GDP calculation methodology, chief statistician Dr. Pronab Sen says it is the rebasing that has had a fairly dramatic effect.
Feb 09, 2015 at 17:45 | Source: Moneycontrol.com
After moving to a new method of calculating the countrys gross domestic product (GDP), the government today said it expects economic output to grow at 7.4 percent this fiscal year (2014-15), compared to 6.9 percent in the previous year.
Dec 12, 2014 at 01:54 | Source: PTI
The Public Accounts Committee said taxes over Rs 4.08 lakh crore were uncollected in FY 2012 and in FY 2013 the amount was Rs 4.86 lakh crore.
Dec 10, 2014 at 16:33 | Source: PTI
"For 2015, we see airlines making a collective USD 25 billion net profit. That's up from USD 19 billion this year, USD 10.6 billion in 2013 and USD 6.1 billion in 2012," the chief of the International Air Transport Association (IATA) said at the IATA Global Media Day.
Dec 08, 2014 at 19:17 | Source: PTI
Moody's Investors Service report also India's per capita income of USD 1,509 (2013) (about Rs 92,049) ranks in the bottom decile of all rated sovereigns, limiting government's tax revenue base and increasing spending claims on its limited resources.