Monday, 1 June 2015

Top Economy news of the day- June 1, 2015

Beating its own financial target, the government has contained the fiscal deficit at 3.99 % of GDP in 2014-15.

Economic News
Beating its own financial target, the government has contained the fiscal deficit at 3.99 % of GDP in 2014-15.

With conditions not favouring its progress, Southwest Monsoon is expected to hit the Kerala coast by June 4, three days after its normal onset date, the MET department said. 

The Finance Ministry came out with new three-page income tax return (ITR) forms, dropping the controversial provision for mandatory disclosure of foreign trips and dormant bank accounts, while it also extended the last date of filing to August 31 

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