Current growth says 7.2%
On March 17 IT department gave informations that current growth at 7.2%.
Government is now crawling 7.2% to 8.2% growth rate. But yet 1% to 2% far from normal growth. But other side fiscal deficit is increasing.
The international conflicts, risk in oil government partners will affect in latter.
But all tax leviations have been increased like corporate tax, capital gain tax, direct taxes. Government has received Rs 55717 lakh core capital gain tax form secuties trade. Another 27.15 lakh core direct taxes have been received.
4.34 lakh core tax return have been made with consideration of exemption limit.
But tax leviations are sound and in inclining trend. Adavance tax collections also been increased.
We can not presume the war impacts will not be in the future consequences.
Now import export business, voyage, logistics are suffering mega loss. Now government is sound in the debenture trust interest level but not so sound in interim dividend pay out level.
Comments
Post a Comment