Search For "revenue loss"
Pakistan's curfew policy chokes daily life in Balochistan
Updated : 3 weeks, 5 days ago IST
Residents in Noshki say movement restrictions and extended market closures ahead of Ramadan have disrupted shopping, travel, and business. Families report difficulty securing essentials, traders cite revenue losses, and transporters face delays. Locals have urged authorities to ease timings.
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After Delhi meetings, CM Sukhu flags fiscal stress, GST losses and revenue
Updated : 1 month, 3 weeks ago IST
A day after returning from New Delhi following a series of meetings with Union ministers, Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu on Saturday highlighted the state's growing fiscal challenges, sharp revenue losses due to GST and the need for special financial support for hi
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Higher dividend by RBI is likely to offset revenue loss due to GST rationa
Updated : 4 months, 1 week ago IST
The net revenue shortfall arising from the recent Goods and Services Tax (GST) rationalisation, estimated at around 0.1 per cent of GDP for the current fiscal, is expected to be offset by the higher dividend transfer from the Reserve Bank of India (RBI), noted a report by CareEdge Ratings.
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"Telangana state should not be punished for its development: Asaduddin Owa
Updated : 5 months, 1 week ago IST
In a post shared on X, AIMIM chief said, "I completely agree & support the demand put forward by A Revanth Reddy which should be accepted by PM Narendra Modi government and will help all the states, it will show the country whether Modi government believes in Federalism. Telangana sta
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CM Revanth Reddy urges Centre to compensate revenue loss of 7000 cr to Tel
Updated : 5 months, 1 week ago IST
Declaring the profit share bonus to Singareni Employees today, the Chief Minister said that the GST rate rationalisation will have an adverse impact on the state revenues.
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GST cuts to boost economy, but revenue loss could hit banking sector: Repo
Updated : 5 months, 1 week ago IST
While the government has estimated an annual revenue loss of about Rs 480 billion, due to the reduced Goods and Services Tax (GST) rates on various products, a recent report by Systematix Research has pegged the figure much higher, at nearly Rs 1.2 trillion.
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Fiscal Deficit target of 4.4% in FY26 is achievable despite GST 2.0 revenu
Updated : 5 months, 1 week ago IST
India is likely to meet its fiscal deficit target of 4.4 per cent of GDP in FY26 despite anticipated revenue loss from the implementation of GST 2.0, according to a report by CareEdge Ratings.
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Central govt's revenue loss due to GST rate reduction will be Rs 3700 cror
Updated : 5 months, 1 week ago IST
The revenue loss of the central government due to the recent GST rate reduction will be around Rs 3,700 crore in FY26, as higher growth and a boost in consumption have reduced the impact on revenues, according to a report by the State Bank of India (SBI).
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Asaduddin Owaisi slams Centre's GST claims reform calls it "rhetoric and d
Updated : 5 months, 1 week ago IST
AIMIM chief and Hyderabad MP Asaduddin Owaisi on Thursday criticised the Centre's claim that the latest reforms in Goods and Services Tax (GST) would boost consumption and said that this rhetoric and dialogue have not helped the common man in the past decade.
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GST 2.0 rationalisation expected to boost consumption by Rs 1.98 lakh cror
Updated : 6 months, 3 weeks ago IST
The report estimated that the GST 2.0 regime, while involving an average revenue loss of Rs 85,000 crore, has resulted in a substantial consumption boost of Rs 1.98 lakh crore.
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Fiscal cost of proposed GST rate rationalisation to be manageable: Report
Updated : 6 months, 4 weeks ago IST
The fiscal cost of the government's proposed Goods and Services Tax (GST) rate rationalisation will remain manageable, according to a UBS report, which estimates the revenue loss to be about Rs. 1.1 trillion annually, or 0.3 per cent of GDP.
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No revenue loss to BSNL, government over lapses flagged by CAG: MoS Pemmas
Updated : 7 months, 1 week ago IST
There was no revenue loss to BSNL and the government, and the recent estimates quoted in a CAG report were based on misinterpretation of some clauses, Minister for State for Communications Dr Pemmasani Chandra Sekhar informed Lok Sabha on Wednesday in a written reply.
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