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Mid-sized construction firms race ahead in road sector

Timely execution of projects in road sector has enabled healthy profit margins and cash flows that are reflected in a decent interest cover for mid-size construction firms

3 min read16 Dec 2017

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Budget

The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared

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