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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 441.56 crore from outdoor advertisements.
Published on Apr 03, 2026 04:48 am IST

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 on Feb 28, 2026 07:40 am IST

Mamdani Takes New York Hostage

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Zohran Mamdani, mayor of New York, during an interview at City Hall in New York, US.
Updated on Feb 19, 2026 01:00 pm IST

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 on Jan 22, 2026 05:30 pm IST

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 on Jan 19, 2026 05:23 pm IST

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 on Jan 05, 2026 09:50 pm IST

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 on Dec 27, 2025 11:27 am IST

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

Chief minister Sukhvinder Singh Sukhu
Published on Dec 07, 2025 05:40 am IST

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

(For representation)
Published on Dec 06, 2025 04:40 am IST

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 on Nov 19, 2025 09:03 pm IST

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 on Sept 05, 2025 08:35 pm IST

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 on Aug 06, 2025 09:21 pm IST

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 on Jun 13, 2025 09:25 pm IST

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 on Jun 05, 2025 09:18 pm IST

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 on Jun 05, 2025 09:42 am IST

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

The state government ended the financial year with 93,236 crore, a 4.5% increase in revenue collection over the 89,190 crore collected in the previous year. At 77,047 crore, the tax revenue, though short of the target for the year, was up 14% from the collection in 2023-24.
Published on May 28, 2025 08:12 am IST

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 23,198 crore by 5,487 crore, or approximately 24%, ending the financial years with 28,685 crore as per revised estimates. (ANI)
Published on Apr 24, 2025 07:44 am IST

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 on Mar 22, 2025 08:40 am IST

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 on Mar 12, 2025 08:28 am IST

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

An American woman has suggested taxing NRIs to transform India.
Published on Mar 04, 2025 02:53 pm IST

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 on Mar 03, 2025 07:14 am IST

Stop choking the consuming class

PREMIUM
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 on Jan 30, 2025 08:06 pm IST

UP collects 1.35 lakh crore tax revenue in 8 months

For representation only (File Photo)
Updated on Dec 05, 2024 05:30 am IST

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 on Nov 06, 2024 05:02 am IST

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 on Jul 23, 2024 11:06 am IST

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 on Jul 22, 2024 06:38 am IST

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

GDP or gross domestic product. (Shutterstock)
Published on Jul 16, 2024 01:09 pm IST

Indonesia's Prabowo to allow debt-to-GDP ratio to reach 50%, FT reports

Indonesia's Prabowo to allow debt-to-GDP ratio to reach 50%, FT reports
Published on Jul 11, 2024 12:34 pm IST

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 51,345.96 crore in the first quarter (April 1 to June 30) of 2024-2025. (For Representation)
Updated on Jul 10, 2024 05:52 am IST