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Uttar Pradesh’s December revenue collection up by Rs 2,522 crore

Its total collections in the first three quarters of 2020-2021 (April 1, 2020 to December 31, 2021) have also improved considerably.
Experts suggest that besides reviewing the receipts, the state government should also consistently monitor its expenditure that may help in giving a boost to development and the economy. (Photo @CMOfficeUP)
Experts suggest that besides reviewing the receipts, the state government should also consistently monitor its expenditure that may help in giving a boost to development and the economy. (Photo @CMOfficeUP)
Updated on Jan 05, 2021 09:20 AM IST
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Hindustan Times, Lucknow | ByUmesh Raghuvanshi

UP generates record Rs 137 cr revenue from sanitiser production

UP not only produced a record 177 lakh litre of sanitiser from March 24 to November 15 but has also generated a record revenue of Rs 137 crore.
Sanitiser came to be widely used across the country following the outbreak of Covid-19 pandemic.(HTPHOTO)
Sanitiser came to be widely used across the country following the outbreak of Covid-19 pandemic.(HTPHOTO)
Published on Nov 23, 2020 12:05 PM IST
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Hindustan Times, Lucknow | ByHT Correspondent

Beyoung.in clocking Rs 3 cr monthly revenue in a span of 2.5 years- Shivam Soni outlines growth plan

Beyoung is a home-grown fashion brand initiated with an ideology of catering to the latest fashion trends.
Founder - Shivam Soni.(Beyoung.in)
Founder - Shivam Soni.(Beyoung.in)
Updated on Nov 02, 2020 04:15 PM IST
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J&K govt annuls Roshni Act, to retrieve land within six months

The principal secretary, revenue, has been asked to retrieve all such land and remove encroachments in a time-bound manner
Lal Chowk in the heart of Srinagar. The decision to retrieve all land dealing under the Roshni Act was taken three weeks after the high court declared it unconstitutional and unsustainable.(PTI file photo)
Lal Chowk in the heart of Srinagar. The decision to retrieve all land dealing under the Roshni Act was taken three weeks after the high court declared it unconstitutional and unsustainable.(PTI file photo)
Updated on Nov 01, 2020 10:52 AM IST
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Hindustan Times, Srinagar | ByHT Correspondent

Covid-19: Canadian universities likely to lose billions of dollars in revenue due to travel curbs

While Canada’s data agency has warned that universities could suffer huge revenue losses, students from India securing study permits this year have shown a sharp drop of over 50% compared to 2019
Workers are seen at a check-in counter at Pearson International Airport in Toronto on October 14.(AP)
Workers are seen at a check-in counter at Pearson International Airport in Toronto on October 14.(AP)
Updated on Oct 15, 2020 11:37 AM IST
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Hindustan Times, Toronto | ByAnirudh Bhattacharyya

Major revenue earning depts of UP fail to meet targets again

The UP government’s total tax revenue collection in first quarter (April 1 to June 30, 2020) was Rs 15,716.48 against the targeted tax revenue of Rs 41,602.68 crore.
As the collections were only 37.49% of targets on non-tax revenue front too, the UP government may have to mobilise additional resources soon, if situation fails to improve in coming months.(Bloomberg)
As the collections were only 37.49% of targets on non-tax revenue front too, the UP government may have to mobilise additional resources soon, if situation fails to improve in coming months.(Bloomberg)
Updated on Jul 05, 2020 07:39 AM IST
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Hindustan Times, Lucknow | ByUmesh Raghuvanshi, Lucknow

Chinese smartphone maker Xiaomi reports 13.6% rise in Q1 revenue

Sales in the first quarter of 2020 rose to 49.7 billion yuan ($7.00 billion) from 43.76 billion yuan in the same period prior year, beating analyst expectations of 47.86 billion yuan.
FILE: The logo of Xiaomi is seen outside the brand's store in central Kiev, Ukraine August 7, 2018.(REUTERS)
FILE: The logo of Xiaomi is seen outside the brand's store in central Kiev, Ukraine August 7, 2018.(REUTERS)
Published on May 20, 2020 03:54 PM IST
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Shanghai | ByReuters | Posted by Harshita Singh

Revenue of Indian companies in UK down, but stay upbeat in Covid-19 crisis

The seventh ‘India Meets Britain Tracker’ developed by consultants Grant Thornton in collaboration with the Confederation of Indian Industry seeks to identify the fastest-growing Indian companies in the UK, as well as the top Indian employers.
Seven companies in the ranking achieved turnover growth of more than 100%, including EESL Energypro Assets Ltd (715%), Route Mobile (UK) Ltd (202%) and Dhoot Transmission (UK) Ltd (186%)(AP)
Seven companies in the ranking achieved turnover growth of more than 100%, including EESL Energypro Assets Ltd (715%), Route Mobile (UK) Ltd (202%) and Dhoot Transmission (UK) Ltd (186%)(AP)
Updated on May 08, 2020 04:23 PM IST
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Hindustan Times, London | ByPrasun Sonwalkar

Rajasthan’s revenue fell by 70% in April

The state was expected to earn Rs 6,800 crore through tax and GST compensation and Rs 1,600 primarily through royalties from mining and petroleum activities.
The state has allocated around Rs 1,200 crore for the Covid-19 related expenses, including for providing free wheat among the beneficiaries of the National Food Security Act.(Pratik Chorge/HT Photo)
The state has allocated around Rs 1,200 crore for the Covid-19 related expenses, including for providing free wheat among the beneficiaries of the National Food Security Act.(Pratik Chorge/HT Photo)
Updated on Apr 30, 2020 05:26 AM IST
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Hindustan Times, Jaipur | ByRakesh Goswami

Mohali NIPER plans to admit Nigerian nationals to boost revenue

HT Image
HT Image
Published on Feb 29, 2020 01:06 AM IST
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Hindustan Times, Chandigarh | ByIdrees Bukhtiyar, Mohali

Capt govt has halted development, despite earning crores in revenue, says Sukhbir

Shiromani Akali Dal (SAD) president Sukhbir Singh Badal and Ferozepur MP said it was the regime’s evil intentions that were pushing the state into backwardness.
HT Image
HT Image
Published on Feb 25, 2020 11:19 PM IST
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Hindustan Times, Ferozepur | ByHT Correspondent

Budget 2020 can be ‘largely neutral for growth, inflation’, says economist

The government is expected to widen its fiscal deficit target for the year through March to 3.8% of gross domestic product from a planned 3.3%.
Finance Minister Nirmala Sitharaman is set to outline fiscal steps that may include higher spending in rural areas and possible tax cuts when she delivers her second budget speech in New Delhi.
Finance Minister Nirmala Sitharaman is set to outline fiscal steps that may include higher spending in rural areas and possible tax cuts when she delivers her second budget speech in New Delhi.
Updated on Feb 01, 2020 02:12 AM IST
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Bloomberg, New Delhi | ByVrishti Beniwal

Tipplers to pay more in Telangana as govt hikes liquor prices to raise Rs 3,600 cr revenue

An official said the Telangana government is cash-trapped due to sharp fall in GST refunds from the Centre.
The Telangana government has imposed an additional excise duty of 10 per cent on alcohol to raise additional revenue of Rs 3600 crore.(HT Photo)
The Telangana government has imposed an additional excise duty of 10 per cent on alcohol to raise additional revenue of Rs 3600 crore.(HT Photo)
Updated on Dec 17, 2019 10:37 PM IST
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Hindustan Times, Hyderabad | BySrinivasa Rao Apparasu

GST Council may go for 3 rate slabs; could make phones and air travel pricier

Tax rate on branded cereals, mobile phones, pizzas, air travel, air-conditioned rail travel, cruises, high-end hospital rooms, paintings, branded garments, and fine fabrics such as linen and silk, may be increased to boost sagging Goods and Services Tax (GST) revenues.
Union Minister for Finance Nirmala Sitharaman addresses a press conference during the GST meet held in Old Goa. Minister of State for Finance Anurag Thakur also present.(File photo: ANI)
Union Minister for Finance Nirmala Sitharaman addresses a press conference during the GST meet held in Old Goa. Minister of State for Finance Anurag Thakur also present.(File photo: ANI)
Updated on Dec 11, 2019 10:33 AM IST
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Hindustan Times, New Delhi | ByRajeev Jayaswal

Sabarimala’s revenues register sharp hike as pilgrimage season remains peaceful

Pilgrims will have to wait for 17 long years for one of the most sought after and expensive offerings at Sabarimala, the ‘Padi Pooja’-- bookings are over till 2036. The booking amount is Rs 75,000 and pilgrims will have to shell out another Rs 75,000 for other expenses.
According to legend in Sabarimala the 18 steps are most sacred and each step signifies certain messages. Pilgrims who do not carry their offering bundle on their head will not be allowed to climb these steps.(REUTERS PHOTO.)
According to legend in Sabarimala the 18 steps are most sacred and each step signifies certain messages. Pilgrims who do not carry their offering bundle on their head will not be allowed to climb these steps.(REUTERS PHOTO.)
Updated on Nov 21, 2019 08:06 PM IST
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Hindustan Times, Thiruvananthapuram | ByRamesh Babu

Indian banks risk losing $9 billion revenue to e-wallets by 2025

Only banks that change their business models to adopt the latest technologies and focus on providing value-added services to customers will capture a share of the $32 billion in incremental revenue growth.
As much as 14 per cent of Indian banks payments revenue, or $9 billion, is likely to be displaced by the growth of digital payments and competition from non-banks, an Accenture report said on Thursday.(REUTERS)
As much as 14 per cent of Indian banks payments revenue, or $9 billion, is likely to be displaced by the growth of digital payments and competition from non-banks, an Accenture report said on Thursday.(REUTERS)
Updated on Oct 31, 2019 05:43 PM IST
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Mumbai | ByIndo Asian News Service

‘What’s Rs 100?’: Nitin Gadkari on protests against steep traffic fines

This comes in the backdrop of a statewide protest by transport union in New Delhi against hefty fines implemented under the act.
The Motor Vehicles Amendment Act, 2019 was supported by transport ministers of around 20 states, even those who have opposed the act, and was passed after a lot of consultation, Gadkari added.
The Motor Vehicles Amendment Act, 2019 was supported by transport ministers of around 20 states, even those who have opposed the act, and was passed after a lot of consultation, Gadkari added.
Updated on Jul 01, 2020 10:03 PM IST
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Hindustan Times, New Delhi | ByAnisha Dutta

5 months on, KCR slashes his state budget by 20 percent amid slowdown worries

The Telangana Rashtra Samithi returned to power for a second successive term in December 2018, but the chief minister presented only a vote-on-account budget in February this year on the ground that there was no clarity on devolution of funds from the Centre in view of the Lok Sabha elections.
Telangana chief minister KCR attributed the slashing of the budget to the overall economic slowdown in the country, which had its effect on Telangana as well.(TWITTER.)
Telangana chief minister KCR attributed the slashing of the budget to the overall economic slowdown in the country, which had its effect on Telangana as well.(TWITTER.)
Updated on Sep 09, 2019 09:12 PM IST
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Hindustan Times, Hyderabad | BySrinivasa Rao Apparasu

Gurugram civic body spent three times less, collected half the revenue it did in last fiscal

At Rs 543.36 crore, MCG’s expenditure was nearly three times less in 2018-19 than in the last fiscal, when it spent Rs 1,327.87 crore. The civic body had estimated to spend Rs 1,884.59 crore in the current fiscal.
The MCG had estimated a collection of Rs 2,290 crore in 2018-19, though the expected revenue till March 31 is only Rs 868.41 crore, almost half of what the MCG received in 2017-18 as revenue (Rs 1,657.41 crore).(Picture for representation)
The MCG had estimated a collection of Rs 2,290 crore in 2018-19, though the expected revenue till March 31 is only Rs 868.41 crore, almost half of what the MCG received in 2017-18 as revenue (Rs 1,657.41 crore).(Picture for representation)
Published on Feb 26, 2019 04:44 AM IST
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Gurugram | ByHT Correspondent

Individuals earning Rs 8-9 lakh annually can escape taxes. Here’s how

Individuals earning Rs 8-9 lakh annually would not have to pay any income tax if they make proper investments in tax saving instruments like provident fund, life insurance, pension scheme and home loan, Revenue secretary Ajay Bhushan Pandey said Saturday.
People stand in queue to file their IT returns on last day of financial year outside Income Tax office at BKC, Bandra in Mumbai, India, on Tuesday, March 31, 2015.(Hindustan Times file photo)
People stand in queue to file their IT returns on last day of financial year outside Income Tax office at BKC, Bandra in Mumbai, India, on Tuesday, March 31, 2015.(Hindustan Times file photo)
Updated on Feb 03, 2019 09:40 AM IST
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New Delhi | ByPress Trust of India

Kerala budget allots over Rs 700 crore for Sabarimala after protests hit revenue

Kerala’s Communist Party of India (Marxist)-led government on Thursday earmarked Rs 739 crore for the development of Sabarimala temple that has seen widespread protests.
Devotees and members of Hindu Jagran Manch (HJM) participate in a march 'Walk for Ayyappa' in relation to violence faced by devotees at Sabarimala's Ayyappa temple in Kolkata.(PTI)
Devotees and members of Hindu Jagran Manch (HJM) participate in a march 'Walk for Ayyappa' in relation to violence faced by devotees at Sabarimala's Ayyappa temple in Kolkata.(PTI)
Updated on Jan 31, 2019 07:07 PM IST
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Hindustan Times, Prayagraj | ByHT Correspondent

2019 Pune civic budget on Jan 17 to reflect fall in revenue due to demonetisation

Last year the then commissioner Kunal Kumar presented the draft budget of Rs 5,397 crore and the final budget of Rs. 5,870 was presented by standing committee chairman Murlidhar Mohol
Pune municipal commissioner Saurabh Rao will submit his first budget after taking charge as municipal commissioner.
Pune municipal commissioner Saurabh Rao will submit his first budget after taking charge as municipal commissioner.
Updated on Jan 15, 2019 04:36 PM IST
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Hindustan Times, Pune | ByHT Correspondent

Gurugram: Revenue from traffic fines hits 10-year high

Rs 14.5 crore has been collected in penalties from violators between January and August 2018.
According to data from the traffic police, as many as 8.6 lakh fines were issued until August 31.(Yogendra Kumar/HT PHOTO)
According to data from the traffic police, as many as 8.6 lakh fines were issued until August 31.(Yogendra Kumar/HT PHOTO)
Updated on Sep 19, 2018 03:29 PM IST
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Slashed GST rates will cause Rs 15,000 crore loss in revenue ahead of polls

The estimated loss in revenues comes at a time when India needs to keep its budget deficit in check as Modi prepares to ramp up spending on welfare programs from health to farming before general elections next year.
Finance Minister Piyush Goyal and Finance Secretary Hasmukh Adhia during the 28th Meeting of the Goods and Services Tax Council (GST) at Vigyan Bhawan, in New Delhi on Saturday.(PTI Photo)
Finance Minister Piyush Goyal and Finance Secretary Hasmukh Adhia during the 28th Meeting of the Goods and Services Tax Council (GST) at Vigyan Bhawan, in New Delhi on Saturday.(PTI Photo)
Updated on Jul 23, 2018 11:04 AM IST
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Bloomberg | ByShruti Srivastava and Vrishti Beniwal

Legalising gambling can help generate jobs, revenue

The Law Commission of India has recommended deregulation of gambling int he country. But deregulation must be carried out while ensuring that the vulnerable sections of society are protected from exploitation
A casino in Goa. The law panel has also asked the government to modify the FDI policy and foreign exchange laws to consider allowing FDI in the casino and online gaming industry(HT File)
A casino in Goa. The law panel has also asked the government to modify the FDI policy and foreign exchange laws to consider allowing FDI in the casino and online gaming industry(HT File)
Updated on Jul 09, 2018 10:47 AM IST
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Hindustan Times | ByHT Correspondent

Railways to build walls along high-speed corridors, generate revenue through ads

The railways is trying to boost non-fare revenue through right-of-way charges, advertising, land monetisation, catering and parking amid intense competition from airlines and road transport to carry passengers and goods
Walls will help the railways maintain safety on tracks, get rid of encroachers, reduce interference with cattle or other disturbances.(Sonu Mehta/HT FIle Photo)
Walls will help the railways maintain safety on tracks, get rid of encroachers, reduce interference with cattle or other disturbances.(Sonu Mehta/HT FIle Photo)
Updated on May 05, 2018 10:16 AM IST
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Press Trust of India, New Delhi | ByPress Trust of India

Maharashtra’s revenue from stamp duty rose by Rs5,481 crore

The Mumbai collection for 2016-17 was Rs5,403 crore, marginally above the target set for the year.
The collection helped the state government keep fiscal deficit in check.(HT File)
The collection helped the state government keep fiscal deficit in check.(HT File)
Published on Apr 27, 2018 01:30 AM IST
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Hindustan Times | BySurendra P Gangan

PMPML’s revenue, passenger footfall takes a dip after Mundhe’s transfer

The PMPML received an income of about Rs 1,44,70,769 in January 2018, Rs 1,47,48,000 in February 2018 and Rs 1,34,07,000 in March. Statistics show that the number of passengers travelling by PMPML has also declined in the past three months
A PMPML bus breaks down near Shaniwar Wada on March 26, 2018.(Pratham Gokhale/HT Photo)
A PMPML bus breaks down near Shaniwar Wada on March 26, 2018.(Pratham Gokhale/HT Photo)
Updated on Apr 09, 2018 03:41 PM IST
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Hindustan Times, Pune | ByShrinivas Deshpande, Pune
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Saturday, November 27, 2021