Tuesday, 7 April 2015

Top economic news of the day - April 07, 2015

Coal India has been asked by the government to continue supplying coal on a temporary basis to power plants that lost their coal mines following a Supreme Court ruling in September last year that made all block allotments until then illegal. 

News-of-events
Initial numbers suggest that direct tax collection is short of the revised target by over Rs190.28bn, but the Income Tax Department is hopeful of meeting the target once figures from across the country come. The department has so far collected Rs6.86tn during the year gone by against the projected target of Rs7.05bn for fiscal 2015. 
 
Coal India has been asked by the government to continue supplying coal on a temporary basis to power plants that lost their coal mines following a Supreme Court ruling in September last year that made all block allotments until then illegal 

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