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Government's outstanding loans from RBI at 789.43 billion rupees in July 12 week

The central government had 667.93 billion rupees outstanding loans in the week earlier.

Bank credit, deposit growth manage to remain in double- digits

In the year-ago fortnight, bank credit was at Rs 86.566 trillion, while deposits were at Rs 114.883 trillion.

MSME lending: Maharashtra ranking plunges to 9 in FY19

Maharashtra, among the most industrialised states, was ranked No 1 in FY16, but slipped to No 2 position the next fiscal to Gujarat, and continued on the trajectory, coming in at No 4 in FY18 and at the 9th slot in FY19.

Collection from excise duty on ATF in 2018-19 rose by 31%: Centre

In 2017-18, the Union government earned Rs 1,938 crore in excise duty on ATF, a jump of 27.5 per cent, from Rs 1,520 crore collected in 2016-17, he said in a written response to a question in the Lower House.

Centre gets Lok Sabha nod to withdraw Rs 98.18 lakh crore from consolidated fund

The minister is scheduled to move the Finance Bill 2019, containing tax proposals of the government for the fiscal, for passage in the lower House on Thursday.

View: Govt may be getting creative to keep up the facade of being fiscally fit

Budget estimates have failed to take into account the massive revenue shortfall of last year.

Over 1.46 crore I-T returns filed so far; 90.8 lakh taxpayers file ITR-1

Officials said the higher return filing is on account of convenience, mainly due to pre-filled return forms.

Huge investment opportunities exists in India in several sectors: Piyush Goyal

The minister informed the participants that India consumes more data than any other country in the world, and is ahead of the US and China.

15th Finance Commission's term extended till November 30; to suggest funding mechanism for defence

The commission was scheduled to finalise its report by October 30 this year.

PM Modi’s PSU bank spends beat 45 years’ investments

The government has been forced to infuse funds after PSU banks reported collective losses from FY16 to FY19 totalling Rs 1,64,474 crore.

India needs foreign capital to grow at 8 per cent: CEA Subramanian

India needs foreign capital to grow at 8 per cent: CEA Subramanian

The CEA also said the target of $5 trillion is a stretched one but with behavioural change, it's achievable.

Banks bad loans down at Rs 9.34 lakh crore at FY19-end: Nirmala Sitharaman

Banks bad loans down at Rs 9.34 lakh crore at FY19-end: Nirmala Sitharaman

During 2018-19, the maximum number of frauds, involving Rs 1 lakh and above, were reported by ICICI Bank at 374 .

Taxmen detect Rs 37,946 cr fraud in FY19

Taxmen detect Rs 37,946 cr fraud in FY19

In 2018-19, 1,620 cases of fake invoicing were detected involving Rs 11,251.23 crore, and 154 persons were arrested.

GST collection of states rises to Rs 5.18 lakh cr in FY19

GST collection of states rises to Rs 5.18 lakh cr in FY19

In a written reply to a question in the Lok Sabha, Sitharaman said concerted efforts have been made to improve tax compliance.

View: The case for borrowing overseas, and how to do it without risking much

View: The case for borrowing overseas, and how to do it without risking much

Two former RBI governors have cautioned against the idea of borrowing by the govt in external currencies.

Why new tax surcharge has stunned foreign portfolio investors

Why new tax surcharge has stunned foreign portfolio investors

The business entities known as Association of Persons have been stunned by new surcharge.

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