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Tax transfer to states down by 20% in FY21

Economy Ziraat Times -
New Delhi, Jan 19: Though Budget FY21 assumed a growth of 21% in the Centre’s tax devolution to states, the transfers actually fell by...

Excise duty collection up 48% on record hike in petrol, diesel taxes

Economy Ziraat Times -
While the pandemic pummelled tax collection across the board, excise duty mop-up jumped 48 per cent in the current fiscal on the back...

RBI steadfast to take further measures to support growth: Shaktikanta Das

Economy Ziraat Times -
New Delhi: Reserve Bank of India (RBI) Governor Shaktikanta Das on Saturday said the central bank remains steadfast to take any further measures as...

Borrowing cost up for India’s companies in bond market

Economy Ziraat Times -
Mumbai: Borrowing costs for companies in the Indian rupee bond market are surging after the nation’s central bank unveiled measures to drain cash it...

RBI says banks’ gross NPAs may rise to 13.5% by Sept

Economy Ziraat Times -
Mumbai: The Reserve Bank of India’s (RBI’s) Financial Stability Report (FSR) of December 2020 has stated that banks’ gross non-performing assets (GNPAs) may rise...
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