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Slow tax growth: Centre's H1 fiscal deficit at 95.3% of annual target

Friday, October 26, 2018, 1:42 PM

Slower-than-projected growth in revenue, especially tax and disinvestment receipts, resulted in the Centre's fiscal deficit in the first six months of this fiscal to be about Rs.5.95L crore, or 95.3% of the full-year target, according to data released by the Controller General of Accounts. Net tax receipts (post refunds and devolution to states) grew just 7.5% in H1FY19 against the year-ago period.
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Air India deals under investigation; ED probes alleged money launderin

Sunday, October 21, 2018, 8:09 AM

In fresh trouble for embattled state-run carrier Air India, the ED has registered multiple criminal cases to probe allegations of irregularities and money laundering in at least four deals signed during the UPA rule including the controversial merger of Air India and Indian Airlines. The agency has filed at least four Enforcement Case Information Reports(ECIRs), the ED equivalent of a police FIR, officials told.
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CAG questions Guj govt's claim on Open Defecation Free status

Friday, September 21, 2018, 4:58 PM

The Gujarat government's claim that all its districts are Open Defecation Free is incorrect since nearly 30% households across eight districts were found to be without toilets in a survey, a Comptroller and Auditor General report said. In February, the Centre had informed the Lok Sabha that Gujarat and ten other states and union territories were Open Defecation Free.

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