Examples of Fiscal 2017 in a sentence
Subsequently, the Ministry of Finance, through a press release dated July 6, 2016, deferred the applicability of ICDS from April 1, 2015 to April 1, 2016 and is applicable from Fiscal 2017 onwards and will have impact on computation of taxable income for Fiscal 2017 onwards.
The Government of India has issued the Income Computation and Disclosure Standards (“ICDS”) that will be applied in computing taxable income and payment of income taxes thereon, applicable with effect from the assessment period for Fiscal 2017.
The average collection period for trade receivables has come down to 46 days in Fiscal 2017 from 48 days in Fiscal 2016.(iii) Cash & Cash EquivalentsCash and Cash Equivalents as on March 31, 2017 and 2016 were `3,228.43 crore and `1,540.64 crore, respectively.
Investments under unquoted category in Fiscal 2017 consist equity investment in joint venture and subsidiary companies.
The increase in Loans from Fiscal 2016 to Fiscal 2017 was mainly due to increase in Unsecured Loans to Subsidiaries which are executing projects acquired by the Company through Tariff Based Competitive Bidding (TBCB) route.