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I-T department issues refunds worth Rs 2.24 lakh crore
New Delhi: The Income Tax department on Wednesday said it has issued refunds worth over Rs 2.24 lakh crore to more than 2.37 crore taxpayers till March 29 in the current fiscal year. This include Rs 85,012 crore personal income tax refunds to 2.33 crore taxpayers and Rs 1.39 lakh crore worth corporate tax refunds […]
India records 0.2% current account deficit in December quarter
In the current fiscal, the current account had been in surplus in the previous two quarters, at $15.1 billion and $19 billion, respectively, as per the data
Centre pegs market borrowing at Rs 7.24 lakh crore in first half of FY22
According to the Budget for 2021-22, the government's gross borrowing was estimated at Rs 12.05 lakh crore in the financial year beginning April 1
RBI to maintain inflation target of 4% till March 2026, says Economic Affairs Secretary
Under the current mechanism, the RBI has been mandated by the government to maintain retail inflation at 4% with a margin of 2% on either side
Keep track of these dates to check on key interest rates
The Monetary Policy Committee, which decides on key interest rates, will meet six times during the next financial year, the RBI said
Retail inflation for industrial workers rises to 4.48% in February
Retail inflation for industrial workers rose to 4.48% in February, due to higher prices of fuel and certain food items
After record surge, petrol, diesel and LPG prices set to fall
While petrol and diesel prices have already been cut thrice in one week, LPG price too will see a reduction in the near future
Applications received for full quota of H-1B visas
USCIS said it received a sufficient number of petitions needed to reach the Congressionally mandated 65,000 H-1B visa regular cap and the 20,000 H-1B visa US advanced degree exemption for fiscal year 2021
Close to 30 lakh people in India acquired digital skills during COVID-19: Microsoft
LinkedIn plans to help 250,000 companies globally make skills-based hires this year through new and existing hiring products
New Wage Code deferred, your take-home pay set to stay same
The new Wage Code decreases the take-home salary of an employee but increases the PF contribution

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