Search For "tax revenue"
Centre appears to leave no stone unturned to artificially precipitate a fi
Updated : 3 weeks, 4 days ago IST
Speaking in the assembly while presenting the interim budget, Thennarasu said that in a federal polity, States have often been treated unfairly, but the scale of challenges Tamil Nadu faces in the current financial year is unprecedented.
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Net direct tax collections spike by 9.40% in FY26
Updated : 1 month ago IST
According to official data, gross direct tax collections stood at Rs 22,78,068.60 crore, marking a 4.09 per cent increase over Rs 21,88,554.86 crore collected during the same period last year
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STT hike on F&O aims to put a curb on "speculative" trading options: Arvin
Updated : 1 month, 1 week ago IST
Earlier in the day, the Income Tax Department issued a clarification on the hike in STT on futures and options trades
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Union Budget 2026: CM Stalin flags 'unfulfilled promises', seeks fair shar
Updated : 1 month, 1 week ago IST
In a post on X, Stalin listed a series of demands, asking whether the Budget would include a Rs 3,548 crore education fund to support the studies of students who have been detained and not promoted, funding for Coimbatore and Madurai Metro Rail projects, Rs 3,112 crore for the Jal Jeevan
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Reducing fiscal deficit without weakening growth to be key focus for Budge
Updated : 1 month, 2 weeks ago IST
India's fiscal deficit is budgeted at 4.4% of GDP in FY26, and policymakers are expected to signal a further consolidation to around 4.0% in FY27, EY said. However, slower-than-expected nominal GDP growth and subdued tax collections have narrowed the room for manoeuvre.
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India's tax-to-GDP ratio mirrors major economies as structural reforms dri
Updated : 1 month, 2 weeks ago IST
A report from Bank of Baroda highlights that this gap represents a significant policy opportunity, as India possesses larger potential due to favourable demographics. The report notes that more efforts are being directed towards holistic tax reforms, including simplification, rationalisation
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Fiscal deficit widens to Rs 9.77 lakh crore in April-November FY26, surge
Updated : 2 months, 1 week ago IST
India's fiscal position during the April-November period of FY26 indicates that concerns over lagging tax revenues and adherence to the full-year budget targets have resurfaced, even as the government continues to prioritise capital expenditure-led growth, as per a report by Union Bank of
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CPSE dividend payouts rise sharply in past 5 years, strengthening govt's n
Updated : 2 months, 1 week ago IST
Dividends received by the central government from Central Public Sector Enterprises (CPSEs) have recorded a steady and notable rise over the last five financial years, broadly surpassing the government's revised estimates (RE).
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Despite tax short-fall, Govt on track to meet fiscal deficit and CAPEX tar
Updated : 3 months, 1 week ago IST
The government is on track to meet the fiscal deficit and capital expenditure (CAPEX) targets for the current financial year, supported by strong non-tax revenue inflows and front-loaded spending across key sectors, according to Ranen Banerjee, Partner and Economic Advisory Leader at PwC
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"Not fair to turn deaf ear to demands, needs of Tamil Nadu": MK Stalin acc
Updated : 3 months, 2 weeks ago IST
Tamil Nadu Chief Minister MK Stalin on Saturday expressed strong discontent over the Union BJP government's alleged disregard for the state's demands and needs.
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Finance Ministry releases monthly review of accounts of GOI; shows steady
Updated : 3 months, 2 weeks ago IST
The Government of India's fiscal data for the current financial year up to October 2025 shows steady revenue collection and higher fund transfers to states, according to the latest figures released by the Ministry of Finance on Friday. The consolidated monthly accounts reveal that the Centre
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Korea sees brighter tax outlook on chip supercycle
Updated : 3 months, 3 weeks ago IST
The South Korean government is turning more optimistic about next year's corporate tax revenue as strong earnings at major semiconductor makers bolster the fiscal outlook, as per a report by Pulse, the English service of Maeil Business News Korea.
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