Kiran Posted May 10, 2018 Share Posted May 10, 2018 The Indian government is close to balancing its books for the first time since the Global Financial Crisis of 2007-2009. Final figures are due out later this month, but preliminary statistics suggest that India will achieve a primary fiscal deficit under 0.2% of GDP for the 2017-2018 fiscal year that ended in March. If so, it would be the fourth consecutive year with a deficit less than 1% of GDP--and the fourth consecutive year under the highly controversial Prime Minister Narendra Modi and his sometimes controversial finance minister Arun Jaitley. For all their critics, both domestic and foreign, the numbers speak for themselves. https://www.forbes.com/sites/salvatorebabones/2018/05/08/indias-disappearing-deficit-whats-putting-modi-in-the-drivers-seat-for-2019/#241ee0d7ab62 Jaitley babu ee year aina spend chesthada sarigga Link to comment Share on other sites More sharing options...
RKumar Posted May 10, 2018 Share Posted May 10, 2018 Spend chesthaadu in Gujju-Maratha land. Link to comment Share on other sites More sharing options...
niceguy Posted May 10, 2018 Share Posted May 10, 2018 10 minutes ago, Kiran said: Jaitley babu ee year aina spend chesthada sarigga maaku kanapadthaandi spending..meeku kanapadatla.. Link to comment Share on other sites More sharing options...
Kiran Posted May 10, 2018 Author Share Posted May 10, 2018 3 minutes ago, RKumar said: Spend chesthaadu in Gujju-Maratha land. ? Link to comment Share on other sites More sharing options...
Kiran Posted May 10, 2018 Author Share Posted May 10, 2018 The promise of the Goods and Services Tax (GST) to bring clarity has finally started showing. As GST officers unleash the force of data analytics, no discrepancy or mismatch will escape their scrutiny.Even if it's less than one rupee. GST officers can go as far as 17 decimal points to square their accounts.The intolerance for gaps is so extreme that a proprietor of an Ahmedabad-based engineering company received a notice from the state tax department stating there was a discrepancy of Rs 0.77999999999883585 in his tax payment."Please clarify difference between GSTR-1 and GSTR-3B amount of tax for the period Oct-17 to Dec-17. The Amount is Rs 0.77999999999883585," stated the notice.GST officers have started sending scrutiny notices to companies whose tax payment did not match the final sales return, after revenue authorities detected underpayment of GST by about 34 per cent, PTI reported. Besides, companies whose final sales return GSTR-1 did not match GSTR-2A, which is a purchase return auto-generated by system from his seller's return, have also received scrutiny notice. https://m.economictimes.com/news/economy/policy/you-dont-even-have-0-77999999999883585-chance-to-escape-gst-scrutiny/amp_articleshow/64091907.cms Ee range scrutiny sethe business community single vote padudha? Link to comment Share on other sites More sharing options...
rama123 Posted May 10, 2018 Share Posted May 10, 2018 Dabbu teeskotam lo jagratha ivvadamlo edupu Link to comment Share on other sites More sharing options...
nvkrishna Posted May 10, 2018 Share Posted May 10, 2018 Primary deficit is one of the parts of fiscal deficit. While fiscal deficit is the difference between total revenue and expenditure, primary deficit can be arrived by deducting interest payment from fiscal deficit. Interest payment is the payment that a government makes on its borrowings to the creditors. Link to comment Share on other sites More sharing options...
Sr Fan Posted May 10, 2018 Share Posted May 10, 2018 Less borrowing means less body fat to move ahead, definitely good news India being on positive note in financial health, and, it trickles down to every part, no q, nice. (As for AP, we can not depend on any one person' s or party's whims in center, for our fair shares & justice, we have only one honorable path - STRENGTH.....We should control our own destiny with show of muscle.) Link to comment Share on other sites More sharing options...
chanti149 Posted May 10, 2018 Share Posted May 10, 2018 Link to comment Share on other sites More sharing options...
phani2 Posted May 10, 2018 Share Posted May 10, 2018 anthe le, dabbu announce cheyyatam yeh kani icche alavaatu ledhu ga. Mari taggaka yemi avutadhi. Petrol meeda UPA 88000 cr collect chesindhi tax( in 2013). Modi collected 1.99 lakh crores in 2016. Ikkada manam gurtu pettukovalsindhi yemiti ante tax collections haven't improved drastically( as promised during Demo & GST). Anni segments lo cost cut chesesaru. Vaadiki yevadiko 77 paise ki notice vachcindhi antunnaru. Adhi just publicity stunt( may be true but still doesn't show the actual picture). I just go by my experience. My cousin is into metal business. Vaadi supplier last august lo vesadu GST return and after that he didn't. Now accountants say you have to follow up with him to file a return or lose money( input credit). Vaademo neeku material kavalante teesuko lekunte dobbeyi, i have other parties antaadu. FYI, the supplier turnover is in crores. Yeh bogus na sons yemo 77 paise kuda vadalatam ledhu ani publicity chesukuntunnaru xxxxxx jeevitham, whatsapp lo manual bills( hand written) pettukuni saruku interstate kuda transport chestunnaru. Idhi varuku e way bill lekunda road yekkali ante bayapadi sacche vallu. Ikkada yedho doing business easy aiyipoyindhi anukuntaremo.......hand written bill ante zero business.....no track of it Link to comment Share on other sites More sharing options...
phani2 Posted May 10, 2018 Share Posted May 10, 2018 most important factor....................nammaka nammaka gujju gaadi lekkalu nammali.............veedu yedho fair ga chestadu ante naaku .01% belief kuda ledhu Link to comment Share on other sites More sharing options...
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