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Fiscal year News

29 Sep 2024

Retail Loans By Banks, Finance Companies In India May Triple By 2030Retail Loa

As per the Reserve Bank of India (RBI), the Indian financial system remains resilient and is gaining strength from broader macroeconomic stability.

17 Mar 2024

Flipkart Valuation Declines By Over Rs 41,000 Crore In Two Years

Flipkart attributed the decline in valuation to the demerger of fintech firm PhonePe into a separate company.

13 Aug 2022

Corporate tax collection rise up 34% in current fiscal year till July 31

Corporate tax collection grew by 34% in first four months of FY 2022-23. Corporate tax collections during FY 2021-22 stood at ₹ 7.23 lakh crore registered growth of over 58 %. The positive trend continues except FY 2020-21 due to Covid-19 pandemic.

29 Aug 2017

Financial year unlikely to get shifted to January-December

India currently follows the traditional April-March financial year.

Current fiscal year

31 Jul 2017

India's April-June fiscal deficit hits 81 percent of full-year target: Govt

India`s fiscal deficit touched 4.42 trillion rupees ($68.88 billion) during April-June period or 80.8 percent of the budgeted target for the current fiscal year that ends in March, government data showed on Monday.

Zee Entertainment Enterprises Ltd

10 May 2017

ZEEL Q4 net grows 6-fold to Rs 1,514 crore, Ten Sports sale helps

Zee Entertainment Enterprises Ltd (ZEEL) on Wednesday reported an over six-fold jump in its consolidated net profit at Rs 1,514 crore for the fourth quarter to March, aided by the sale of its sports business.

24 Apr 2017

PM Narendra Modi bats for advancing fiscal year to January-December

Prime Minister Narendra Modi on Sunday pitched for conducting simultaneous elections to the Lok Sabha and the state assemblies and shifting to a January- December fiscal year.

11 Apr 2017

'Pakistan not done enough to get Haqqani network certification'

Pakistan may not get the remaining USD 350 million of the USD 900 million coalition support fund from the US as it has not done enough against the dangerous Haqqani terror network to get the required certification from the Defence Secretary, officials said.

07 Apr 2017

Panel favours start of fiscal year from January 1; govt examining recommendation

The government is examining the report of a committee which has recommended change in the financial year starting April 1, Finance Minister Arun Jaitley said on Friday.

02 Apr 2017

Items getting costlier and cheaper from April 1 – Here's the list

From the next fiscal year, that is from today, a lot of things of your daily needs as well as things of your comfort are going to get dearer.

16 Mar 2017

Donald Trump plans 28 per cent cut in budget for State Department, USAID

President Donald Trump`s proposed 28 percent budget cut for U.S. diplomacy and foreign aid next year would preserve $3.1 billion in security aid to Israel but reduce funding for the United Nations, climate change and cultural exchange programs.

Income tax return

16 Apr 2016

Income Tax Return for AY 2016-17: All you need to know!

It is mandatory for individuals and companies to file income tax return at the end of a financial year on the income earned in the entire year. Different forms for return of income are prescribed for filing of IT returns for different status and nature of income.

20 Mar 2016

Paytm-backed LogiNext targets treble sales to $3million in FY'17

Paytm-backed supply chain automation firm LogiNext Solutions looks to treble its revenue next fiscal to USD 3 million (about Rs 20 crore) and plans to increase its shipments four-fold to 2 lakh per day, a top company official said

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