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Thursday, Jul 02, 2020
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Tax collection

Jun 08, 2020 05:25
The revenue impacts of corporate tax reforms and personal income tax concessions were ₹1,45,000 crore and ₹23,200 crore, respectively. read more
May 17, 2020 18:20
Changes of the past six years had put their finances in a precarious position. The current measures aren’t enough read more
Mar 31, 2020 22:03
Tax officials said the extent of revenue loss will depend on how long the lockdown continues. read more
Feb 01, 2020 22:19
It did not have a bold demand stimulus, a public investment stimulus or any supply-side stimulus read more
Jan 31, 2020 23:13
January will be the third consecutive months when GST collections will cross Rs1 lakh crore benchmark. However, the collection this month will be marginally lower than the revised target of Rs 1.15 lakh crore, they said. read more
Jan 25, 2020 00:28
If the direct tax collections fall short of the 2018-19 figures — and it could, given the sharp fall in the government’s own growth estimates for 2019-2020 — this will only be the second instance of a contraction in direct collections since 1980-81,... read more
Jan 24, 2020 18:24
However, a sharp decline in demand has stung businesses, forcing companies to cut investment and jobs, denting tax collections and prompting the government to forecast 5% growth for this fiscal year - the slowest in 11 years. read more
Jan 20, 2020 20:05
Explaining the rationale underpinning the government’s choices will help increase trust and belief in its plans read more
Jan 15, 2020 19:03
Address unemployment, boost demand, push policy reforms read more
Dec 19, 2019 01:06
Civic body eyes additional \u20B910 -15 crore annual collection; agenda likely to be tabled in General House on Dec 30 read more
Oct 09, 2019 09:16
Between August 2018 and August 2019, the Pakistan government has borrowed Rs 2,804 billion from foreign sources and Rs 4,705 billion from domestic sources, a report in the Pakistani media said. read more
Sep 20, 2019 21:16
It will potentially leave investors with more money, make firms competitive, and boost consumption read more
Sep 08, 2019 08:13
Tax projections made in the budget are based on projected nominal GDP growth for the year. This year’s budget had a projected nominal GDP growth of 12%. An 8% growth rate can lead to a serious shortfall in taxes. read more
Sep 02, 2019 14:30
India’s GDP growth plummeted to 5% in the first quarter of the current fiscal year. This is the lowest in 25 quarters. This is only the second instance of growth rate falling for five consecutive quarters since 1999. read more
Sep 02, 2019 13:06
A four percentage point shortfall in this figure for the entire year, if it happens, will mean a big shortfall in tax collections. This also means that the government will find it very difficult to spend what it has committed in the budget. read more