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Tax Revenue News

MCD collects ₹3,116 crore in property tax, falls ₹400 cr short of target

MCD official said the corporation collected <span class='webrupee'>₹</span>441.56 crore from outdoor advertisements.

Published 122 days ago

Over ₹1.96 lakh crore tax revenue collected in Uttar Pradesh till February

UP CM Yogi Adityanath has directed all departments to accelerate efforts toward achieving targets through transparency, efficiency, and innovation-driven functioning (FILE PHOTO)

Published 156 days ago

Mamdani Takes New York Hostage

Zohran Mamdani, mayor of New York, during an interview at City Hall in New York, US.

Updated 165 days ago

Tobacco tax hike could fuel illegal trade and undermine public revenue

A farmer dries tobacco leaves at a farm on the outskirts of Sanand, near Ahmedabad

Published 192 days ago

Will you receive $2,000 checks in 2026? Fresh update on Trump's tariff payments

Trump's plan for tariff payments faces potential postponements, needing congressional approval, according to Hassett.

Published 195 days ago

Uttar Pradesh’s tax collection rises despite dip in VAT

Finance minister Suresh Khanna released the details of the state govt’s earnings in December 2025 and first 9 months of 2025-2026 (HT file)

Published 209 days ago

NY lawyer sues IRS to recognize her dog as dependent; is it legally possible?

New York lawyer sues IRS to recognize her dog as dependent

Published 219 days ago

Himachal’s tax revenue likely to decrease by ₹1,726 crore

Chief minister Sukhvinder Singh Sukhu

Published 239 days ago

U.P’s tax, non-tax gains rise despite dip in GST collections

(For representation)

Published 240 days ago

Why the economy needs 4% inflation

Household wisdom says that lower prices are better. But the household needs to see itself as a part of a larger story. (Mint Archive)

Published 256 days ago

What could be in store with GST rationalisation

The rate rationalisation will impact three distinct areas: Revenue, economic growth and formalisation of the economy. (AFP)

Updated 331 days ago

Amid sluggish GST growth, fake firms eating into UP’s revenue

The fake firms were fraudulently claiming input tax credit (ITC), without carrying out any actual transactions. (Pic for representation)

Published 361 days ago

Uttar Pradesh seeks over ₹5-lakh crore from 16th Finance Commission

It is the first time U.P. has put up demands before the finance commission department wise, following the example of other states. (FOR REPRESENTATION)

Published 416 days ago

U.P. revenue up by ₹1,052 crore till May

UP finance minister Suresh Khanna gave this information to the media on June 5. (HT file)

Published 423 days ago

Most states, including Uttar Pradesh, want share in Central taxes hiked to 50%: Finance commission chairman

Uttar Pradesh chief minister Yogi Adityanath and 16th Finance Commission chairman Arvind Panagariya at a meeting in Lucknow on Wednesday. (PTI PHOTO)

Published 424 days ago

Punjab falls short of revenue target by 10% in 2024-25 fiscal

The state government ended the financial year with <span class='webrupee'>₹</span>93,236 crore, a 4.5% increase in revenue collection over the <span class='webrupee'>₹</span>89,190 crore collected in the previous year. At <span class='webrupee'>₹</span>77,047 crore, the tax revenue, though short of the target for the year, was up 14% from the collection in 2023-24.

Published 432 days ago

Punjab govt tightens fiscal belt, tells depts to cut wasteful expenditure, maximise revenue

In 2024-25, the Punjab government, led by CM Bhagwant Mann, had overshot its revenue deficit budget estimate of <span class='webrupee'>₹</span>23,198 crore by <span class='webrupee'>₹</span>5,487 crore, or approximately 24%, ending the financial years with <span class='webrupee'>₹</span>28,685 crore as per revised estimates. (ANI)

Published 466 days ago

Maharashtra expects to recover up to ₹3,000 crore from unrealised tax revenue under amnesty scheme

Mumbai: Maharashtra Deputy Chief Minister Ajit Pawar arrives to attend the Budget session of Maharashtra Assembly, at Vidhan Bhavan, in Mumbai, Friday, March 21, 2025. (PTI Photo) (PTI03_21_2025_000321A) (PTI)

Published 499 days ago

Maharashtra budget: State is owed ₹1.66 lakh crore in tax, non-tax revenue

Mumbai: Maharashtra Deputy Chief Minister Ajit Pawar arrives to attend the Budget session of the state Assembly, in Mumbai, Tuesday, March 11, 2025. (PTI Photo)(PTI03_11_2025_000274B) (PTI)

Published 509 days ago

American woman living in Bengaluru talks about 'insane tax burden on Indians'

An American woman has suggested taxing NRIs to transform India.

Published 516 days ago

Punjab’s tax revenue up due to govt efforts: Harpal Singh Cheema

Punjab finance minister Harpal Singh Cheema said this fiscal year has seen a continuation of the previous years’ trend, with a 13.4% growth rate in net GST, 14.4% rise in excise, 5.10% climb in VAT, 17% increase in CST, and 13.65% rise in PSDT up to February when compared to the same period in FY 2023-24 (HT File)

Published 518 days ago

Stop choking the consuming class

FILE PHOTO: FILE PHOTO: India's Ministry of Finance building is silhouetted against the setting sun in New Delhi April 2, 2015. REUTERS/Adnan Abidi/File Photo/File Photo (REUTERS)

Updated 549 days ago

UP collects ₹1.35 lakh crore tax revenue in 8 months

For representation only (File Photo)

Updated 606 days ago

UP govt rakes in ₹1.16L cr tax revenue in first 7 months of 2024-2025

The minister said GST, along with VAT, was the highest revenue earner for the government. (Pic for representation)

Updated 635 days ago

Budget 2024: 7 key figures to gauge Indian economy's health under Sitharaman

Union Budget 2024: Union finance minister Nirmala sitharaman with Mos leaving Finance ministry for Parliament house to present the General budget in New Delhi on Tuesday Photo by Arvind Yadav/HT

Updated 741 days ago

Punjab sees 15% jump in tax revenue despite sluggish GST

The Punjab government registered an increase of 15% year-on-year (YoY) in its tax revenue in the first quarter (April-June) of the financial year 2024-25

Updated 742 days ago

Reforming India's tax culture for better tax to GDP ratio

GDP or gross domestic product. (Shutterstock)

Published 748 days ago

Uttar Pradesh revenue collection goes up

The Uttar Pradesh government continues to witness a consistent increase in its revenue collections getting a tax revenue of <span class='webrupee'>₹</span>51,345.96 crore in the first quarter (April 1 to June 30) of 2024-2025. (For Representation)

Updated 754 days ago

Amnesty schemes help state recover ₹3,150 crore in tax revenue

HT Image

Updated 762 days ago

New York City’s tourists fuel record $4.9 billion in tax revenue

Last year 62.2 million people visited the Big Apple, state Comptroller Thomas DiNapoli said in a report released Thursday.

Updated 799 days ago

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