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Tuesday, December 01, 2020

revenue

REVENUE NEWS

Centre allows 20 states to borrow additional Rs 68,825 cr to meet revenue shortfall

October 13, 2020 10:57 pm

The decision comes a day after the GST Council meeting failed to reach a consensus on the stalemate over the Centre's proposal of states borrowing against future GST collections to make up for the shortfall.

Finance Secretary: ‘Collection is down due to levies lower than revenue neutral rates, wrong to infer revenue has declined due to GST’

July 02, 2020 10:41 am

Ajay Bhushan Pandey, who holds charge as Revenue Secretary, said rate rationalisation, correction of inverted duty structure have been discussed in the GST Council and the decisions about these will be taken in the next 8-9 months.

A revenue gap

January 03, 2020 5:03 pm

With revenues falling well short of expectations, the Centre may have to cut back on spending in order to meet the fiscal deficit target.

Multi-crore Shamlat land compensation case: Chandigarh revenue officer sent to police remand

May 06, 2016 6:17 am

He, along with Bhim Singh, senior manager, Punjab National Bank, New Delhi, were accused in a multi-crore Shamlat land compensation case.

IGR meets 85 per cent target, hopes to collect Rs 21,000 cr revenue

February 16, 2016 3:54 am

The department is also hopeful that with the state decision to revise the ready reckoner rates from April 1 will also lead to increase in registrations in March.

Maharashtra: Revenue shortfall impacts govt’s big public spend plan

October 01, 2015 1:25 am

On a day when the government hiked taxes on petrol and diesel, gold, diamond, jewellery, cigarettes, alcohol and soft drinks, state’s finance managers admitted that overall financial position had worsened.

FM to meet CBEC officials to review revenue mop-up

November 04, 2014 4:13 am

The decline in excise duty collection has been on account of a poor show by the index of industrial production (IIP).

BMC pulls down 400 illegal structures in Charkop

December 10, 2013 1:08 am

A Buddha idol housed inside an illegal structure caused a few tense moments during the demolition drive on Monday.

Coca-Cola reports higher profit

October 16, 2013 3:57 am

Revenue fell 3 per cent to $12.03 billion from $12.34 billion,slightly below analysts’ estimates of $12.05 billion.

TCS Q2 net beats estimates,up 33.9% on strong volumes

October 16, 2013 3:34 am

TCS shares gained 0.18 per cent at Rs 2,218.15 on the BSE on Tuesday.