Writing off doesn’t mean forgiving the defaulters’ loan. It is only a technical term used in the accounting of commercial banks for recalibration of non-performing assets (NPA) to save tax, after making full provision against the NPA. This practice is done since prudential norms came into existence many years ago. Many people, including intellectuals and […]
Doctors have begun to prescribe medicines in English. The number of branded prescription category is increasing.
The provisional figures of Direct Tax collections up to December, 2018 show that gross collections are at Rs 8.74 trillion which is 14.1% higher than the gross collections for the corresponding period of last year.
The government expects an estimated revenue of Rs 45,000 crore under Discovered Small Field Bid Round-II from 25 Contract Areas; and Rs 9000 crore under Discovered Small Field Bid Round-I from 30 Contract Areas.
DPP-2016 focuses on institutionalizing, streamlining and simplifying defence procurement procedure to give boost to ‘Make in India’ initiative of the Government of India, by promoting indigenous design, development and manufacturing of defence equipment, platforms, systems and sub-systems.