Achieving the full-year Financial Year 2026 (FY26) fiscal targets appears challenging amid subdued growth in corporate and income tax revenues, according to a report by the Union Bank of India.
The proposals, covering both direct and indirect taxes, aim to consolidate India's fiscal gains, reduce litigation, and align the country's tax architecture with its ambition of becoming a developed economy under the Viksit Bharat 2047 vision, the industry chamber said in a statement after m
Adani Group's cement company ACC Limited on Friday reported that its Profit After Tax or net profits in the July-September (Q2 2025-26) rose 460 per cent to Rs 1,119 crore, as against Rs 200 crore reported in the same quarter of the past fiscal.
The World Bank questioned Pakistan's claims of poverty reduction, noting limited improvement among the poor and worsening rural poverty. It warned that Pakistan's economic model remains insufficient for sustainable growth, with deep inequalities and stalled progress since 2015, as reported b
"Due to the lapse in appropriations, the Chief Administrative Officer's (CAO) Office of Payroll and Benefits has no authority to pay salaries until an appropriations continuing resolution or a Fiscal Year 2026 appropriations bill is signed into law," the notice states.
The Federation of Indian Chambers of Commerce and Industry (FICCI) has set out its key expectations from the Union Budget 2026-27, calling for faster tax appeals, simpler TDS rules, clarity for cross-border supply chains and targeted customs facilitation to cut delays and disputes.
The Union Cabinet, chaired by Prime Minister Narendra Modi, on Tuesday approved the Terms of Reference for the 8th Central Pay Commission, marking a key step in the process to review and revise the pay structure and service conditions of central government employees.
Mumbai (Maharashtra) [India], October 24: Onix Renewable Limited, a leading player in India's renewable energy sector, announced its audited financial results for the fiscal year 2024-25, marking another year of sustained growth, operational excellence, and strategic expansion across its ren
Faced with US tariffs, India's leather and allied products industry are expected to see revenue decline 10-12 per cent this current fiscal, according to Crisil Ratings.
The Reserve Bank of India (RBI), in its latest Bulletin, highlighted that corporate growth in India will be shaped by strengthening supply chains, improving cost efficiencies, and fostering technological innovations.
The recent rationalisation of Goods and Services Tax (GST) is expected to add about 200 basis points to the revenue growth of India's organised apparel retail sector this fiscal, keeping it steady at 13-14 per cent for the second straight year, according to a Crisil Ratings report.