The Ministry of Finance has released an amount of Rs.170 billion to states and union territories (UTs) towards the balance goods and services tax (GST) compensation for the period April to June 2022. With this, the government has released, in advance, the entire amount of cess estimated to be collected in 2022-23 available for payment of compensation to states. Nearly Rs.1.2 billion has been released as compensation during the fiscal so far. The ministry further stated that this is despite the fact that total cess collection till October 2022 was only Rs.721.5 billion. The balance of Rs.435.2 billion has been released by the Centre from its own resources.
References | ||
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Unemployment Rate (30-DAY MVG. AVG.) Per cent |
|
7.3 | +0.7 |
Consumer Sentiments Index Base September-December 2015 |
|
84.9 | 0.0 |
Consumer Expectations Index Base September-December 2015 |
|
84.0 | 0.0 |
Current Economic Conditions Index Base September-December 2015 |
|
86.4 | 0.0 |
Updated on : 07 Feb 2023 12:00AM |
(Rs.trillion) | Mar 22 | Jun 22 | Sep 22 | Dec 22 |
---|---|---|---|---|
New projects | 8.68 | 5.20 | 4.42 | 6.68 |
Completed projects | 1.33 | 1.18 | 1.36 | 1.62 |
Stalled projects | 0.43 | 0.53 | 0.07 | 0.01 |
Revived projects | 0.33 | 0.29 | 0.12 | 0.32 |
Implementation stalled projects | 0.09 | 0.29 | 0.26 | 0.11 |
Updated on: 08 Feb 2023 9:28AM |
(% change) | Mar 22 | Jun 22 | Sep 22 | Dec 22 |
---|---|---|---|---|
All listed Companies | ||||
Income | 20.8 | 40.1 | 25.1 | 19.2 |
Expenses | 19.8 | 41.4 | 27.1 | 20.0 |
Net profit | 31.6 | 21.1 | -1.5 | 3.2 |
PAT margin (%) | 8.8 | 7.2 | 7.8 | 9.7 |
Count of Cos. | 4,686 | 4,704 | 4,585 | 1,628 |
Non-financial Companies | ||||
Income | 24.8 | 50.1 | 27.9 | 17.8 |
Expenses | 25.7 | 52.9 | 31.5 | 19.8 |
Net profit | 10.1 | 8.4 | -21.1 | -14.2 |
PAT margin (%) | 7.6 | 5.7 | 5.6 | 7.1 |
Net fixed assets | 2.0 | 4.1 | ||
Current assets | 15.0 | 19.1 | ||
Current liabilities | 11.6 | 10.4 | ||
Borrowings | 3.6 | 12.8 | ||
Reserves & surplus | 11.2 | 7.6 | ||
Count of Cos. | 3,398 | 3,424 | 3,375 | 1,200 |
Numbers are net of P&E | ||||
Updated on: 08 Feb 2023 9:28AM |
(% change) | FY20 | FY21 | FY22 |
---|---|---|---|
All Companies | |||
Income | 0.6 | -1.4 | 26.0 |
Expenses | 0.3 | -3.6 | 24.9 |
Net profit | -3.0 | 74.5 | 63.3 |
PAT margin (%) | 2.0 | 4.5 | 7.2 |
Assets | 8.9 | 10.7 | 9.9 |
Net worth | 4.8 | 12.0 | 14.0 |
RONW (%) | 3.4 | 6.9 | 11.5 |
Count of Cos. | 31,839 | 30,688 | 14,155 |
Non-financial Companies | |||
Income | -1.1 | -2.5 | 30.7 |
Expenses | -0.9 | -4.4 | 30.4 |
Net profit | -20.5 | 62.4 | 61.3 |
PAT margin (%) | 2.3 | 4.0 | 6.2 |
Net fixed assets | 11.4 | 2.4 | 2.1 |
Net worth | 2.1 | 10.6 | 14.5 |
RONW (%) | 4.7 | 7.6 | 12.7 |
Debt / Equity (times) | 1.1 | 1.0 | 0.8 |
Interest cover (times) | 1.9 | 2.5 | 4.0 |
Net working capital cycle (days) | 73 | 82 | 59 |
Count of Cos. | 25,106 | 24,021 | 11,477 |
Numbers are net of P&E | |||
Updated on: 04 Feb 2023 5:32PM |