fiscal year 2025-26

New Delhi, March 31 The Income Tax Department has signed a record 219 Advance Pricing Agreements (APAs) in the current fiscal year ending March 31.This brings the total number of APAs signed so far to 1,034."The CBDT has signed a record 219 Advance Pricing Agreements in FY 2025-26, the...

New Delhi, March 24 India's urea production reached 275.75 lakh tonnes in the first eleven months of this fiscal, the government said on Tuesday.The country's urea production stood at 306.67 lakh tonnes for the entire 2024-25 fiscal."Currently, there are 33 urea manufacturing units in the...

New Delhi, March 22 The country's coal imports dropped by 4.2 per cent to 213.10 million tonnes (MT) in the April-January period of the current fiscal year, and with seaborne prices showing an increase, imports are likely to remain subdued in the near term.This decline underscores the...

New Delhi, March 20 The government said on Friday that adequate supplies of urea and DAP fertilizer have been ensured for farmers across the country, with imports of the two key nutrients surging 63 percent during April-January of the current fiscal year.This development is significant because...

Shimla, March 19 The Himachal Pradesh Legislative Assembly passed a supplementary budget of Rs 40,461.95 crore for the year 2025-26 on Thursday.Chief Minister Sukhvinder Singh Sukhu presented the supplementary demands for the year 2025-26 in the House, and the budget was passed through a voice...

New Delhi, March 18 The net direct tax collection grew by 7.1 per cent to about Rs 22.8 lakh crore till March 17 of this fiscal, due to slower refunds and higher corporate tax collection.Data released by the Income Tax Department on Wednesday showed that net corporate tax collection grew by...

New Delhi, March 16 State-owned REC Ltd announced on Monday that its board of directors has approved the fourth interim dividend of 32%, or ₹3.20 per equity share with a face value of ₹10 each, for the fiscal year 2025-26.The record date for this interim dividend has been fixed as Friday...

New Delhi, March 13 Fitch Ratings on Friday raised India's GDP growth forecast for the current fiscal and the next to 7.5 per cent and 6.7 per cent, and projected the average global crude oil price to be USD 70/barrel in 2026.Fitch had, in December, projected India's GDP growth for the current...

Chandigarh, March 6 The Punjab Cabinet on Friday approved the presentation of supplementary demands for grants for the fiscal year 2025-26 and budget estimates for the fiscal year 2026-27.This decision was taken by the council of ministers in a meeting held under the chairmanship of Chief...

New Delhi, March 2 Sales bookings for India's five major listed real estate firms rose 20 percent to nearly Rs 84,000 crore in the first nine months of this fiscal, driven mainly by strong demand for luxury homes.According to data compiled from regulatory filings, the total combined sales...

Chandigarh, March 1 Haryana Excise and Taxation Commissioner Vinay Pratap Singh said on Sunday that the state's gross SGST collection continues to grow at a record 22 per cent in 2025-26 compared to the previous fiscal, according to the latest data released by the Union Finance Ministry.He...

New Delhi, February 27 Foreign direct investment (FDI) in India rose 18 per cent to USD 47.87 billion during April-December of the 2025-26 fiscal year, while inflows from the US almost doubled to USD 7.80 billion during the first nine months of this fiscal, according to government data released...

New Delhi, Feb 27 India's economic growth forecast was raised to 7.6 per cent for the current fiscal year, following a revamp of the GDP calculation framework, highlighting the resilience of the world's fastest-growing major economy amid global trade disruptions.The growth forecast for the...

February 27, New Delhi – India's Ministry of Statistics and Programme Implementation has released a new series of Annual and Quarterly National Accounts Estimates, with a base year of 2022–23, replacing the previous 2011–12 series.The announcement was made at a press conference in New Delhi on...

New Delhi, February 27 The Centre's fiscal deficit at the end of January stood at ₹9.8 lakh crore, or 63 per cent of the annual budget target for 2025-26, compared to 74.5 per cent in the year-ago period, according to government data released on Friday.The Centre estimates the fiscal deficit...

New Delhi, February 27 – India's GDP growth estimate has been revised to 7.6% for the current fiscal year from 7.4%, following a government revision of the calculation methodology, including changes in the base year and incorporating data from the GST and e-Vahan portals, to better reflect...

New Delhi, February 27 India's economy grew by 7.8 per cent during the October-December quarter of 2025-26, up from 7.4 per cent a year ago, according to the new series of national accounts with 2022-23 as the base year.The Ministry of Statistics and Programme Implementation (MoSPI) released...

New Delhi, February 26 As many as 1,566 parks across the national capital received financial assistance of Rs 10.22 crore from the Delhi Parks and Gardens Society (DPGS) until January 20 during the fiscal year 2025-26, according to an RTI reply.In response to the Right to Information (RTI)...

Jammu, February 24 Jammu and Kashmir has recorded the sale of over 5.63 crore bottles of liquor during the current financial year up to January 2026, with Indian Made Foreign Liquor (IMFL) and beer accounting for the major share.According to official data, a total of over 5.63 crore bottles...

New Delhi, February 24 The Indian economy is expected to record a growth rate close to 8.1 per cent in the September-December quarter, according to a report released on Tuesday, under the revised series with the new base year of 2022-23.The country witnessed a growth rate of 8 per cent in the...