Tag: Procurement reforms

I-T refunds up 6x in 11 years at ₹4.8L crore

Economy
The income-tax department has issued ₹4.76 lakh crore in refunds in FY25, a staggering increase from ₹83,008 crore in FY14, officials said.This 474% surge in 11 years outpaces the 274% growth recorded in gross direct...

Relaxed emission norms for thermal generation to reduce power costs

Business
NEW DELHI: The mandatory retrofitting of coal-fired generation plants with mechanisms to reduce sulphur emission will apply to only units within 10 km of cities with population exceeding 10 lakh instead of all...

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