Fiscal deficit widens to Rs 9.77 lakh crore in April–Nov FY26

India's fiscal position during the April-November period of FY26 indicates that concerns over lagging tax...

CPSE dividend payouts rise sharply in past 5 years

Dividends received by the central government from Central Public Sector Enterprises (CPSEs) have recorded a...

Meeting FY26 fiscal targets may be challenging amid weak tax grow

Achieving the full-year Financial Year 2026 (FY26) fiscal targets appears challenging amid subdued growth in...

Probo responds to Online Gaming Bill

Probo emphasized that a more balanced regulatory approach would better safeguard consumers, generate sustainable tax...

India's fiscal deficit to shrink continuously amid strong tax

The fiscal deficit in India is expected to shrink continuously, driven by growing tax revenues, according to the...

India needs to grow at over 7% along with robust fiscal framework

EY India's economy watch suggest the government to implement strategies to enhance tax revenues and un-lock tax...

Grant-in-aid and tax devolution from centre to states to decline

State governments across India are expected to face tighter finances in FY25, as grants-in-aid from the Centre are...

Central govt allocates ₹ 3.66 lakh crore to states in Apr-July

The central government has received a total amount of Rs10,23,406 crore by the end of July 2024 through various...

Aurangzeb suggests tax hike amid protests

Aurangzeb said that the "upcoming IMF programme will not be our last fund programme if we don't bring our tax...

Israel to deduct money earmarked for Gaza from tax transfers to P

Israel's security cabinet decided on Thursday night to deduct money earmarked for Gaza from tax revenues it...

UAE Ministry publishes results of Government Finance Statistics

Total revenues included AED63.5 billion of tax revenues, AED3.9 billion of revenues from social contributions, and...

GST collection goes up 12 pc to Rs 1.50L cr in Feb

Of this amount, central goods and services tax (CGST) is Rs 27,662 crore, state goods and services tax (SGST) is Rs...