In a recent session of the Bhubaneswar State Legislative Assembly, former Secretary of the Department of Works, Nalini Kanta Pradhan, delivered an insightful critique of the budget proposals presented by the BJP government. Addressing the allocation of Rs 10,750 crore for the Works Department, Pradhan noted that these funds are primarily directed towards ongoing projects ...
 "In a largely overlooked revelation, India’s Finance Minister unveiled crucial budget disclosures, signaling impending transformative changes in taxation.")
Finance Minister Nirmala Sitharaman’s Budget for 2024-25, presented on July 23 and approved by Parliament on August 8, included an important yet overlooked disclosure found in Statement No 27-A. The 54th Goods and Services Tax (GST) Council meeting made noteworthy decisions to enhance the tax system’s efficiency. However, challenges remain, such as addressing GST on ...
 "India Targets Ambitious 4.9% Fiscal Deficit, New Budget Brings Hope")
The Indian government has set a fiscal deficit target of 4.9% of GDP for the current budget, down from 5.6% in the previous year. Between April and July, the fiscal deficit reached 2.77 trillion rupees, accounting for 17.2% of the annual estimate. During this period, net tax collections were 7.15 trillion rupees, representing 27.7% of ...
 "Facing turbulent times, SpiceJet has temporarily furloughed 150 cabin crew members for three months, citing a lean travel season and a reduced fleet size. This move, intended to secure long-term stability, comes amidst the airline’s ongoing struggles with prolonged losses, unpaid dues to lessors, and legal battles. Despite these challenges, SpiceJet assures that affected employees will maintain their health benefits and earned leave. The budget carrier, which last reported a profit in 2017-18, hopes to welcome the crew back following its upcoming fleet expansion, bolstered by a Rs 3,000 crore fundraising effort expected to complete by September.")
Struggling with a severe cash crunch, budget airline SpiceJet has decided to furlough 150 of its cabin crew for three months. This latest move highlights the financial challenges the company faces. Find out how this decision impacts employees and the airline’s operations in our detailed report. Download Latest Movies in HD Quality Downloading In 15 ...
