I-T department moves HC against Flipkart's ITAT ruling
The contention of the I-T department has been that Flipkart earned an enduring benefit via aggressive cash discounts, which in turn resulted in losses.
Britannia delays capex plans to grow capacity
The company has reduced the distance its biscuits travel between the factory and consumer from ...
Levy special cess to meet capital expenditure, Defence Ministry recommends to Finance Commission
In its report submitted in parliament on Sat...
Airtel reports third quarterly loss, hints at tariff hikes: Key takeaways
Airtel reported a loss of Rs 1,035 crore in Q3 compared with a profit of Rs 86 crore last year.
Six things that the Budget has for an ailing economy
The much talked about dividend distribution tax has been abolished at the hands of the companies.
What is fiscal deficit in Budget?
Generally fiscal deficit occurs either due to revenue deficit or a major hike in capital expenditure.
View: What's the biggest likely risk to Modi's $5 trillion GDP goal?
For perspective, it took us nearly a decade to go from about $1 trillion to $3 trillion.
‘India Inc’s H1 capex resilient despite macro uncertainties’
This amount is a 5.5 per cent increase over FY19 net fixed assets (NFA).
Finance ministry asks CPSEs to advance capital expenditure plans
Heads of CPSEs were asked to focus on ‘monitoring release of payments’ for procurement without delay in a timebound manner.
Finance ministry to meet heads of CPSEs for capital expenditure push
According to official sources, the finance ministry will review the progress made by various CPSEs with regard to their capital expenditure envisaged for the current fiscal.
Free cash flow at big companies at 6-year low; capex major reason
The sample companies undertook Rs 4 lakh crore worth of capital expenditure in FY19.
Finance Ministry to start pre-Budget and Revised Estimates: Circular
Budget Estimates for 2020-21 will be provisionally finalised after Secretary, Expenditure, completes discussions with the Secretaries and Financial Advisers.
FM Nirmala Sitharaman: PSUs, ministry to share capex plans for next 4 quarters
"I have called for ministries to provide their capex plans for the next four quarters. The details are expected to come within a week", says...
Finance Minister Nirmala Sitharaman asks PSUs, ministries to release payments in a timely manner
Sitharaman said the idea is to ensure there are no dues pending for the service providers.
August fiscal deficit at 78.7% Of 2019-20 target
After the first five months of 2018-19, the fiscal deficit — or the difference between the government’s total revenues and total expenditure — was at Rs 5.91 lakh crore, or 94.7% of the budgeted estimate.
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