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These are sample stories on Asia which we track on a daily basis. The sources and links to the stories, which are available online, are acknowledged and listed. Where any of these stories require paid subscription to access, we've listed only the portion which the site allows.
Collection of direct tax for the just-concluded fiscal 2020 is expected at INR10.1tr, well short of the government’s most recent estimate of INR11.7tr, officials in the know said. The near-14% shortfall, or about INR1.6tr, from
India kicks off its fiscal year with revenues under severe strain. A prolonged slowdown in the economy depressed tax collections in the financial year that ended 31 Mar 20, latest official data show. As India
The government is set to appropriate 10% of the fiscal 2020 budgets of each ministry for a central fund to fight the pandemic and rehabilitate the economy. The plan is part of a third round
THE economic team is working on an economic package and rehabilitation plan to keep small and medium-sized enterprises (MSMEs) afloat after the quarantine period, which shut down most economic activity. In a Viber message, Finance
The Industry Ministry plans to roll out rescue measures by suspending debt payments for 6-12 months for small community enterprises for several industries. The measure covers businesses in food, drinks, herbs, jewellery, souvenirs and clothing.
