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GST offset paid to states over 8 months, Rs. 78,704 crores outstanding - Finance Department - (A)

The Finance Department said on Wednesday that the center has already released eight months of GST allocation to states for the fiscal year ending March 2022 and that there are Rs 78,704 crore outstanding due to insufficient funds in the fund. In a statement, the ministry said that normally GST compensation is released for 10 …

Indonesia is contributing to the global food stock with an extended palm export ban - (A)

Indonesia, the world’s largest exporter of cooking oils, will expand its export ban to include crude palm oil, adding to uncertainty in a market that has seen skyrocketing price volatility and threatens to worsen global inflation. food. The ban will extend to crude palm oil, RBD palm oil, and used cooking oil, Coordinating Minister for …

At Rs. 1,68 lakh crore, GST tax hits record high in April 2022 - (A)

The monthly Goods and Services Tax (GST) collection reached an all-time high of Rs. The gross GST tax exceeded Rs 1.5 crore for the first time in April 2022 and Rs 1 crore for the 10th consecutive year. The gross revenue of GST collected in April 2022 is Rs 167,540 crore, of which Rs 33,159 …

India's industrial production is improving, manufacturing PMI reached 54.7 in April - (A)

The S&P Global India Manufacturing Purchasing Managers’ Index (PMI) rose to 54.7 in April from 54.0 in March. A reading above 50 indicates an expansion of activity, while a pressure below 50 is a sign of contraction. According to IHS Markit, the author of the PMI, Indian manufacturing activity saw a strong rise in new …

Growth in Eight keys sectors slowed to 4.3% in March from 6% in February - (A)

India’s eight key sectors rose 4.3% in March from 6% in February, the Commerce Ministry said on April 29. According to the latest data, only three of the top eight sectors saw faster output growth rates in March, compared to six in February. These three sectors were fertilizers, cement and electricity. While fertilizer output increased …

Saving for Retirement - (A)

The main goal of a successful retirement plan is to ensure that you have adequate financial resources to maintain or enhance your lifestyle during your retirement years. If you’re retired and want to travel and shop more, you’ll need to save more. The amount you need to save depends on how you plan to spend …

Best budgeting tips to save money - (A)

A budget can be crucial to understanding – and controlling – where your money goes. Whether you’re new to planning your finances or have struggled in the past, these budget tips can help you stick to the plan. 7 budget tips for everyone Decide why you are budgeting Start by articulating what inspires you to …

What is budgeting - (A)

Budgeting is the process of creating a plan for spending your money. This spending plan is called a budget. By creating this spending plan, you can determine in advance whether you have enough money to do the things you need or want to do. What is budgeting? This is an important planning and forecasting process …

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