Tag Archives: fiscal year

TBS Report March 02, 2022, 9:35 p.m. Last modification: March 2, 2022, 9:38 PM When the money supply increases and the demand continues to increase, the prices of various products and services may also increase. Photo: Collected “> When the money supply increases and the demand continues to increase, the …

Although Bangladesh’s overall export earnings from China rose 9.81% year-on-year to $426.14 million over the past seven months, apparel shipments to the East Asian country the East did not meet expectations despite the tariff advantages. Apparel shipments to China fell to $131.20 million in the July-January period of the current …

The Mayor of Washington, DC has signed a bill that will expand access to the district’s medical marijuana program in several ways. Now seniors will be able to self-certify their eligibility for cannabis without having to get a doctor’s referral. The law also extends the deadline for renewing patient registration …

Democrats and Republicans have finally agreed on a framework for comprehensive defense and domestic spending for this year, top lawmakers said Wednesday, opening the door to work on bills detailing how the government will spend well. over $1 trillion for everything from army tanks to veterans hospitals. House and Senate …

Security costs for MPs rose by nearly a third last year and could rise further following the fatal stabbing of Sir David Amess, a watchdog has revealed. The Independent Parliamentary Standards Authority (IPSA) said the amount was £4.4m for the 2020/21 financial year, up from £3.4m in 2019/20. Overall, MPs’ …

The main tax law applicable to FDI in Thailand is the Tax Code (“RC”), which covers the following taxes: – (1) Corporate tax (“IS”) CIT applies to companies and legal entities registered in Thailand or registered abroad but carrying on business in Thailand. With the exception of SMEs, companies registered …

Exclusive: Those in difficulty face a cost-of-living crisis as a study by the Ministry of Environment, Food and Rural Affairs admitted people may have struggled to afford to eat over the past four years. Underprivileged families struggle to afford to eat, official study finds ( Image: Getty Images / iStockphoto) …

The county’s proposed 3% housing tax hike is set for its first test, with two key Herefordshire Council committees asking if the numbers add up. The approval of the Adult and Welfare Review Committee and the Child and Youth Review Committee next week will go some way in seeing the …

NEW DELHI – Data on India’s merchandise trade deficit, which remained high at $ 22 billion in December, showed an improvement in exports, but the upward trend in imports could intensify in the months ahead, leading to a widening of the current account deficit, analysts said. . “We expect high …

Prominent economist Ashima Goyal said on Sunday that India is likely to have one of the highest growth rates in the world as there are gradual moves towards normalization, even as stimulus and support for vulnerable sectors continue. . Goyal added that sticking to the consolidation path announced by the …

The Kenya Revenue Authority (KRA) has deployed a new generation of excise stamps for excise goods as part of its strategy to continually review and improve the security features of excise stamps in order to deter counterfeiting. The excise goods covered include alcoholic beverages, tobacco and tobacco products, water, soft …

The December Policy Review is expected to see the Monetary Policy Committee (MPC) and the Reserve Bank of India (RBI) maintain the status quo on interest rates and the stance of monetary policy, while changing the tone to prepare the markets for a change in February. In October, the MPC …

Selby District Council is proposing to freeze the council tax as it sets its budget priorities for the next fiscal year in what will be the authority’s last budget. From April 2023, a new Unitary Council for North Yorkshire will be responsible for all municipal services, but the budget proposals …

The Wirral Council is expected to save £ 27million next year in a bid to resolve its budget crisis. Last month, the Wirral Council was asked to consider closing libraries, recreation centers and golf clubs, as well as selling the town halls of Wallasey and Birkenhead after a government inspection …

Express news service THIRUVANANTHAPURAM: The challenges posed by the new, post-GST tax regime have added to the pressure on Kerala’s economy. There are fears that the ailing state’s finances will hit bottom if the GST compensation ends on the original deadline of June 30, 2022. Union Finance Minister Nirmala Sitharaman …

Siemens T4FY21 Results: The infrastructure company follows the October-September fiscal year. For the period of the fourth quarter of fiscal 21, the company performed decently despite the disruptions. Consolidated revenue was Rs. 4,296.1 crore, up 21.1% year-on-year. EBITDA stood at Rs. 447.2 crore with margins of 10.4% impacted by higher …

Gold makes up a large part of India’s household wealth and this asset has come in handy during the period of financial stress caused by the pandemic. The demand for gold loans has been strong in the past fiscal year and the trend will continue in 2021-22. The demand for …

In the past four years, two major tax reform measures – the TRAIN law and the CREATE law – have been enacted. TRAIN entered into law in December 2017 and CREATE in March 2021. The reforms reduced personal and corporate tax rates. How prepared are we to implement the reforms …

KARACHI: The recent surge in petroleum product prices and electricity tariffs is not expected to hurt economic growth in the current fiscal year, despite the fact that the price hike will immediately raise the inflation rate by about a percentage point. “Strong inflows of workers’ remittances, growth in export earnings, …

A recent Royal Mail business update gives us some very interesting insight into the situation for UK small businesses with Brexit. In the five months to August 2019, the Royal Mail recorded 111 million international parcels. (In total, the UK Postal Service handled 520 million packages, but 409 million of …

Social support services in Dumfries and Galloway are struggling to cope with an increase in the number of children placed for adoption or foster care. The pressures of the pandemic are still being felt and the council cannot meet all the adoption requirements or find enough foster parents due to …

A national budget is, in a sense, nothing more than a snapshot of a country’s fiscal position and a short-term forecast of the future. It can also be seen as an opportunity for national reflection on longer-term trends and a focal point for discourse on what it would mean to …

(NAFB) – The USDA says that starting October 1, a higher credit limit will be available for borrowers seeking a guaranteed farm loan. The limit goes from $ 1.776 million to $ 1.825 million. “Farm loans are critical to our customers’ annual operating and living costs, emergency needs and cash …

If you regularly follow the kitchen market or find out about the prices of a neighborhood grocery store, you will likely get the obvious answer: The prices of a number of basic items are on the rise. Daily market price data compiled by the state-owned Trading Corporation of Bangladesh (TCB) …

Federal and state lawmakers have been slow to take action on police reform, but Michigan law enforcement agencies are making the necessary changes to training, policies and procedures themselves. The public’s desire to change police training has grown with the deaths of Michael Brown, Breonna Taylor and George Floyd. Attempts …

ISLAMABAD: The Ministry of Finance stressed that there are downside risks to the economic outlook associated with the rise in international commodity prices, new variants of the virus and geopolitical dynamics, particularly emerging after the scenario of the August 15 in Afghanistan. The Ministry of Finance, in its monthly economic …

Lenders receive interest-free funding for the provision of green and sustainability-related loans and investments in green and sustainability-related bonds. The BOJ (Bank of Japan) has started accepting applications from financial institutions wishing to participate in a new program that aims to financially support the private sector in its climate change …

In recent weeks, WhatsApp outposts have suggested that gasoline and diesel would likely be subject to the GST, and once that happens, fuel prices will drop. Petroleum products like gasoline, diesel, natural gas and aviation turbine fuel are constitutionally included in the GST, but the date on which the GST …

The White House said Tuesday it “strongly opposes” a provision in the National Defense Authorization Act (NDAA) that prohibits the Pentagon from dishonouringly punishing or dismissing any serviceman who refuses a vaccine. “The administration strongly opposes section 716, which would undermine preparedness and limit a commander’s options to enforce good …

The Green Gilt was originally announced as part of Rishi Sunak’s budget in March. Image: Her Majesty’s Treasure. In the UK’s first Green Gilt, £ 10 billion was raised for projects such as zero-emission buses, offshore wind turbines and decarbonisation programs for homes and buildings during this fiscal year. It …

Kerala Finance Minister KN Balagopal on Saturday pleaded for the extension of GST compensation beyond June next year, stressing that the state was already grappling with a significant shortfall. Speaking to the media here, the minister said the state is not getting its due following recommendations from the 15th Finance …

Their stocks, however, are trading low amid concerns over the end of the good period for industrial commodities. For investors willing to accept some risk, Big Five miners offer a rich opportunity. All five have single-digit price-to-earnings ratios, among the lowest of any major industrial group in global stock markets. …

Amidst the chorus for the inclusion of gasoline and diesel prices in the goods and services tax (GST), the government of Maha Vikas Aghadi on the eve of the GST Council meeting said on Thursday that it should not be done by reducing or infringing on the right of the …

There is a planned spending gap of £ 11.7million in Swindon Borough Council’s revenue budget for 2021-2022 – the pot of money it will pay for daily services for. This represents 7.6% of the £ 153million budget for the year, but will be cut after a Covid-19 government grant of …

“There’s been a lot of talk about a slowdown in the Mexican energy industry, but I don’t necessarily see it that way. There are many gems to discover in Mexico if you know where to look, ”said Dino Barajas, partner at DLA Piper law firm. “As a potential investor, it’s …

Total loans and advances granted by NABARD in the 2020-21 period grew 25.2 percent year over year to 6 lakh crore, with half going into production and investments, the bank said in its annual report. The report said NABARD posted income of Rs 34,671.2 billion over the 2020-21 period, up …

A single common goods and services tax (GST), which entered into force in July 2017, replaced several indirect taxes levied by the state and the Union government, such as VAT and excise duties, between others. The Government of India (GoI) has also formed a GST Council to oversee the rules …

The government has reached 26.6 percent of the budget forecast for collecting the GST in the first three months of the current fiscal year, Parliament was informed on Monday. In response to a written question in the Lok Sabha, Minister of State for Finance Pankaj Chaudhary said the net GST …

Loans worth Rs. 70,000 crore that were restructured last year under the Covid-19 regulatory package will be extended by the RBI’s move to grant them an additional six months until October 1, 2022 to include operational parameters such as meet the debt service ratio. Bankers said the move is in …

The “Delta” variant of the coronavirus, which rose to prominence even as the second wave of the pandemic subsided, upended all previous growth projections. India’s growth projection has been revised downward from 12 percent to 9.5 percent. Another area of ​​concern is inflation, reflected by monthly increases in the Wholesale …

A government panel suggested allowing only traders with strong financial credentials to engage in the import trade, raising the question whether such a policy to eliminate small importers would violate their right to do business. . Companies must declare their paid up, issued and authorized capital when registering with the …

Through PTI NEW DELHI: The rise in the prices of fuel and basic necessities amid the Covid-19 pandemic has hit the finances of the population, with a majority of consumers surveyed predicting a drop in their incomes as well as savings over the course of exercise, according to a survey. …

Oil production is increasing on federal lands in states like New Mexico and Wyoming, contradicting claims that President Biden’s climate program has effectively strangled the oil and gas industry by banning new rental and rental policies. ‘other. For now, prices are supporting more drilling and the administration does not seem …

Rishi Sunak faces a close vote on Tuesday on his £ 4 billion cut to the foreign aid budget, with rebel Tories threatening to join Labor in voting against the change. The government refused to allow a vote after the president said last week that the House of Commons must …

Panaji: With a severe view of tax evasion in the state, Chief Minister Pramod Sawant said on Friday that those who dodge indirect taxes will be severely punished and arrested. Goa’s intelligence unit and GST enforcement wing have been urged to track down taxpayers who have overdue dues, Sawant said …

Russian higher education institutions should allow foreign students who have been inoculated with any vaccine study in the country. “The universities will have a common policy on this issue. I think we will accept any vaccine, ”said Pavel Shevtsov, deputy director of Rossotrudnichestvo, an agency of the Foreign Ministry that …

The Congressional Budget Office said the federal budget deficit will hit $ 3 trillion again this year, $ 745 billion more than its estimate five months ago, as it takes into account the cost of the country’s bailout. President Joe Biden’s $ 1.9 trillion coronavirus. In an updated forecast on …

South Africa is financially strong enough to withstand a post-pandemic hike in global interest rates, its central bank governor said, despite fears that investors could pull their money out of riskier emerging markets if yields increase elsewhere. Africa’s most industrialized economy has been bolstered by high commodity prices and can …

According to the Treasury Department, Pakistan achieved all of the targets set by the IMF in March. The ministry says the World Bank has not stopped lending to the country, adding that it approved a loan to Pakistan the day before. The ministry says it is not true that the …

This time it’s different! Or, indicate how metallurgical companies are reacting to soaring commodity prices from previous cycles. Almost 70 percent of companies in the metals industry – ferrous and non-ferrous – reported a reduction in their outstanding debt as of March 31 compared to a year ago. The total …

The second wave of Covid-19 exposed serious institutional infirmities in India – in access to health care, in the management of elections, and in the balance between the judiciary and the executive, where failure of the latter led the first to intervene. India has one of the lowest population to …

CVWD budget does not include any increase in staff for the district The Coachella Valley Water District (CVWD) Board of Directors unanimously approved today (June 15) an operating and capital improvement budget of $ 451.8 million for fiscal 2022. The FY2022 budget includes new domestic water, canal and replenishment rates …

In addition, it has been agreed to allocate around $ 90 million to pay the salaries of employees of the Electric Power Authority who do not want to go to work with LUMA Energy. Chairman of the House Finance Committee, Jesus Santa. Photo: Juan R. Costa Yesterday, the House of …

Business Secretary Kwasi Kwarteng appoints Sir Andrew Mackenzie FRS as preferred candidate for UK Research and Innovation (UKRI) chair Sir Andrew will be tasked with advancing the government’s ambitious research and innovation agenda Business Secretary Kwasi Kwarteng has chosen businessman and scientist Sir Andrew Mackenzie as his preferred candidate for …

Commodity-focused hedge funds generated strong returns in 2021 and investors have long been wary of these funds now investing money in them, betting that the recovery from the pandemic will pay demand for oil, gas and gas. of raw materials, from metals to grains, including sugar and coffee. As money …

Several large companies have already raised the prices of air conditioners, washing machines, televisions and other household appliances in January. However, companies said higher input costs deserved another round of hikes in the current quarter for a line of products. The price increases will be passed on in installments, however, …

Minister PRIME, Dr Hubert Minnis, delivers the communication on the 2021/2021 budget. Prime Minister Dr Hubert Minnis announced the upcoming launch of an employment incentive program which will allow companies to claim a VAT tax credit to cover the salaries of up to ten new employees as of July 1. …

While presenting his economic agenda to a group of business leaders, President Donald Trump claimed that the United States was close to paying off federal debt, but the coronavirus pandemic then hit and derailed those planes. David Rubenstein, president of the Economic Club of Washington, DC, asked Trump in a …

BATON ROUGE, Louisiana (AP) – After Hurricane Katrina, Louisiana delayed paying its debts to improve the federal flood protection system that spans five parishes in the New Orleans area . The massive bill totaling up to $ 3 billion is coming due, leaving the state to sift through unpleasant funding …

What GAO found In GAO’s opinion, the Bureau of the Fiscal Service (Fiscal Service) federal debt tables for fiscal 2020 and 2019 are fairly presented in all material respects, and while internal controls could be improved, the tax service maintained, in all material respects, effective internal control over financial reporting …

All dollar references are in US dollars, unless otherwise noted. BROOKFIELD NEWS, January 04, 2021 (GLOBE NEWSWIRE) – Brookfield Property Partners LP (“BPY” or the “Company”) (NASDAQ: BPY; TSX: BPY.UN) and Brookfield Property REIT Inc. (“BPYU”) (NASDAQ : BPYU) today jointly acknowledge receipt of a non-binding proposal from Brookfield Asset …

Experts are also predicting a sharp rebound in the Indian economy – which is now expected to contract 7.7% in the current fiscal year, but grow to 11% levels in 2021-2022, making it l one of the fastest growing economies in the world. The strong rebound comes from a much …

Congress unveiled a $ 2.3 trillion spending program on Monday, just hours before its scheduled passage through both chambers, funding the government until the end of the fiscal year and relieving a coronavirus-hit economy. The package includes a $ 1.4 trillion omnibus bill based on a 2019 spending deal, which …

Several states have started taking the tab of family planning services at clinics run by Planned parenthood, who scrapped a $ 260 million federal funding package last year because of a Trump administration rule prohibit clinics from referring women for abortions. States like New Jersey, Massachusetts and Hawaii are already …