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Talking about his time in the World Bank he confirmed that the pressures were there from the government but the institution never succumbed to those.
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As far as depositors are concerned, the biggest implication now will be that banks will have more bandwidth to deal with their credit requirements
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Petrol Prices Today (19 September 2021): In Delhi, a litre of petrol and diesel is available for Rs 101.19 and Rs 88.62, respectively
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At present, if a business fails to file GSTR-3B of preceding two months, the law restricts the filing for returns on outward supplies or GSTR-1
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Over 85% felt slump in manufacturing sector also causing unemployment
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The backstop facility will also be available during non-stress times
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During the corresponding period of FY 2019-22, the pre-Covid year, the direct tax collection was Rs 4.4 trillion
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Petrol Prices Today (18 September 2021): In Delhi, a litre of petrol and diesel is available for Rs 101.19 and Rs 88.62, respectively
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CBDT has made it clear that for filing ITR, PAN and Aadhaar linkage is mandatory, unless specifically exempted
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The real miss of the GST Council has been the inability to even start the discussion on bringing petrol and diesel under the tax.