Total goods and services tax (GST) collections during the financial year (FY) 2018-19 was Rs 11.8 lakh crore, with a monthly average of Rs 98,114 crore. Average collection for FY 2018-19 was 9.2 percent higher than the collections made during FY 2017-18, wherein the average collection was Rs 89,885 crore a month.
NEW DELHI: With the major event risk of election out of the way, analysts on Dalal Street have started speculating on what measures the government may unveil in its first 100 days of the second term.
With the outcome of elections now known and Narendra Modi – led National Democratic Alliance (NDA) firmly back in the driver’s seat, focus has shifted back to the health of the economy and other fundamental factors.
New Delhi: As soon as the newly elected Modi government resumes power, it needs to hit the ground running as bringing back the economy on track will be its biggest challenge.
According to organisers, Fespa Global Expo 2019, which concluded on 17 May, was a resounding success for the exhibitors. While the final numbers are being calculated, more than 13,000 unique visitors came through the show's doors in the first two days alone.
BENGALURU: The Reserve Bank of India (RBI) on Friday released the much-awaited draft guidelines on liquidity risk management framework for non-banking financial companies (NBFCs) and core investment companies (CICs).