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Saturday, Oct 31, 2020
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Tax revenue

Oct 27, 2020 23:50
As most states presented their budgets before the onset of the pandemic, their budget estimates of deficits are unlikely to capture the true picture of the ongoing fiscal year, the report says. read more
Oct 09, 2020 13:51
RBI has also announced purchasing four securities worth Rs 20,000 crore under open market operations on October 15. read more
Oct 06, 2020 15:23
At its meeting on Monday, the GST Council failed to reach a consensus on ways to compensate the states for the loss of tax revenue. read more
Sep 19, 2020 01:19
State transport minister asks RTAs to personally carry out checks on private vehicles thrice a week read more
Aug 27, 2020 08:30
States and union territories (UTs) may require a whopping Rs 3.12 lakh crore GST  compensation in the current financial year because of a sharp fall in the tax revenue, as the economy has been hit by Covid-19 pandemic and the 68-day nationwide lockdown read more
Jul 14, 2020 05:26
The June deficit was driven higher by spending on various government relief programmes such as an extra $600 per week in expanded unemployment benefits and a Paycheck Protection Program that provided support to businesses to keep workers on their payrolls. read more
Jul 05, 2020 00:11
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. read more
Jul 01, 2020 23:25
Although manufacturing activity shrank for a third straight month in June, it was at a much slower pace than the previous two months, data released by IHS Markit showed. read more
Jun 12, 2020 19:18
More clarity is required on both the economy and environment read more
Apr 29, 2020 23:46
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. read more
Feb 01, 2020 22:18
Transparency on data, effort to boost growth, and tax cuts are welcome. But will it be enough? read more
Feb 01, 2020 08:02
Headline inflation numbers jumped to 7.35% in December 2019, mainly due to a spike in vegetable and pulse prices. read more
Dec 06, 2019 05:55
Getting politics, the economy, and the environment right will lead India to a bright future read more
Nov 30, 2019 23:55
GST collections dipped below Rs.1 lakh crore in August, September and October in the face of a growth deceleration as consumers held back on spending and private investment was tepid. read more
Nov 08, 2019 10:09
The reduction comes at a time when investors have been skeptical about the government meeting its budget targets amid a slowdown in tax revenues and September’s surprise $20 billion tax giveaway for companies. read more