Tag: Financial year
Aatmanirbhar Bharat: Army To Stop Importing Ammunition From Next Financial Year
“According to a senior procurement officer, the Indian Army will stop importing ammunition in the upcoming fiscal year since its domestic industry has increased its production capacity to satisfy the military’s requirements. The Indian Army’s Additional Director General (Procurement), Major General V.K. Sharma, said that… Read More
Indian Railways Had The Safest Year in 2018-2019
Finance Minister Piyush Goyal has said in his speech that 2018-2019 was the safest year and all the unmanned level crossing has been removed from the broad gauges all over India. Indian Railways are offered A capital amount of Rs 1,58,658 crore for expenditure programme in Railway… Read More
Leave a Reply
IN INDIA – ONLY 1% PAY INCOME TAX, 99% DO NOT… THAT SHOULD CHANGE?
For financial year 2012-13 (later years data not yet available), only 2.9 crore out of 120+ crore file income taxes, and only 1.25 crore pay any income taxes. The average tax payable was 21,000. And there were more than 5,000 individual income tax returns with tax payable of more than… Read More