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IMF has red-flagged the country’s debt concerns saying that the sum of Union and state government debt could exceed 100% of the country’s GDP
According to the information given in parliament, in the financial year 2022-2023, 5,16,15,155 people did not pay any taxes, while 7,40,90,046 filed income tax returns.
The tax collections are in tandem with the growth of the economy at 7.6% in Q2 (July-September) of FY24, which beat the expectations of many.
Global shifts are panning out in India's favour, lending it the promise to blossom into a force in the modern world
The employees of central and state public sector undertakings, besides private sector employees, are referred to as corporate subscribers. These are mainly voluntary enrolments.
The central bank capped a season of concern for fast growth in the small ticket unsecured loan sector by announcing higher risk weights for these loans