https://www.taxtmi.com/news?id=35947 The government approved upgrading IRCTC and IRFC to Navratna Central Public Sector Enterprises, making all seven listed railway CPSEs Navratna. The upgrade grants enhanced operational and financial autonomy to IRCTC and IRFC to enable faster decision making and greater managerial empowerment. The press note cites each entity's role-IRCTC in catering, tourism and online ticketing; IRFC in securing Extra Budgetary Resources through market borrowings-and provides FY 2023 24 turnover, profit after tax and net worth figures as supporting context. en-us Mon, 03 Mar 2025 19:46:03 +0530 Mon, 03 Mar 2025 19:46:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=35947 The government approved upgrading IRCTC and IRFC to Navratna Central Public Sector Enterprises, making all seven listed railway CPSEs Navratna. The upgrade grants enhanced operational and financial autonomy to IRCTC and IRFC to enable faster decision making and greater managerial empowerment. The press note cites each entity's role-IRCTC in catering, tourism and online ticketing; IRFC in securing Extra Budgetary Resources through market borrowings-and provides FY 2023 24 turnover, profit after tax and net worth figures as supporting context. News - Mon, 03 Mar 2025 19:46:03 +0530 https://www.taxtmi.com/news?id=35947