Revenue of gold jewellery retailers is expected to rise 12-15% next fiscal, backed by sustained high prices of gold and steady demand, said Crisil Ratings on Wednesday. That will follow strong revenue growth of 20-22% expected this fiscal, albeit on a lower base of the Covid-19 pandemic-impacted last fiscal. Operating margins should improve 50-70 basis…Continue Reading
Goods and services tax (GST) revenue collected in December last year was over Rs 1.29 lakh crore, or 13% higher than the same month in 2020, the Finance Ministry said on Saturday. December is the sixth continuous month where revenue collection from goods sold and services rendered stood at over Rs 1 lakh crore, but…Continue Reading
Govt. to spend more on rural job guarantee, incentives programme for exporters Ray of hope: Govt. plans to top up its rural job-guarantee effort by up to ₹300 billion, says an official. Govt. to spend more on rural job guarantee, incentives programme for exporters India will utilise a big bump in revenue collection to…Continue Reading