Average monthly GST collection rose from Rs 90,000 crore during the first year of its implementation — 2017-2018 — to Rs 1.68 trillion during 2023-2024, representing an 87 per cent rise.
Posts tagged Rediff
How ABHI plans to achieve full year profitability (12-07-2024)
‘We want to play the value game for our consumers, which is health and retail will grow faster for us than the group.’
Why Builders Won’t Drop Home Prices (12-07-2024)
‘What happens in the real estate market is that once the prices go up it goes on to stay at that level.’ ‘It might not increase and at the same time the prices will not come down too.’
Budget meet: What economists told Modi (11-07-2024)
Ahead of the upcoming budget, eminent economists during a meeting with Prime Minister Narendra Modi on Thursday urged the government to take steps to accelerate economic growth and improve infrastructure, sources said. The meeting was organised by the NITI Aayog on Thursday to elicit views and suggestions of economists for the first budget of the Modi 3.0 government. “Earlier today, interacted with eminent economists and heard their insightful views on issues pertaining to furthering growth,” Modi said in a post on X.
EMPS 2024: OEMs can claim incentives twice a month (11-07-2024)
The government has taken a slew of steps to boost the sales of electric two-wheelers and three-wheelers under its Electric Mobility Promotion Scheme (EMPS) 2024, which includes allowing manufacturers to upload claims twice a month and gives them a 120-day window to submit it. The Rs 500-crore scheme — which had replaced the flagship Faster Adoption and Manufacturing of Electric Vehicles (FAME) scheme– comes to an end on July 31st.
Pvt life insurers hike term policy premium (11-07-2024)
Major private sector life insurance companies, including HDFC Life, ICICI Prudential, Bajaj Allianz and Max Life Insurance, have increased their term insurance premiums by 4-7 per cent in response to moderation in bond yields, inflation concerns, and adjustments in reinsurance rates, according to industry sources privy to the development. Many other insurers are expected to follow suit, the sources said. “We have seen upward revisions happening (in term life insurance rates) across major life insurance companies.
TCS net profit rises 9% to Rs 12,040 crore in Q1 (11-07-2024)
India’s largest IT services company Tata Consultancy Services (TCS) on Thursday posted an 8.7 per cent year-on-year rise in its consolidated net profit at Rs 12,040 crore in the first quarter ended June 2024. The net profit for the year-ago period stood at Rs 11,074 crore.
TCS net profit rises 9% to Rs 12,040 crore in Q1 (11-07-2024)
India’s largest IT services company Tata Consultancy Services (TCS) on Thursday posted an 8.7 per cent year-on-year rise in its consolidated net profit at Rs 12,040 crore in the first quarter ended June 2024. The net profit for the year-ago period stood at Rs 11,074 crore.
IT Cos May See Recovery In June Quarter (11-07-2024)
The June quarter is usually considered as a seasonally strong period for the IT sector.
IT Cos May See Recovery In June Quarter (11-07-2024)
The June quarter is usually considered as a seasonally strong period for the IT sector.