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TAX REVENUES NEWS

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P Chidambaram writes: Rob Peter more, pay Peter less

May 29, 2022 9:25 am

P Chidambaram writes: Exhorting the states to cut VAT on petrol and diesel is akin to asking the states to beggar themselves: they will go broke and be obliged to borrow more or carry a begging bowl to the Centre for more grants-in-aid.

India's tax revenues likely to beat forecast on strong recovery: Report

October 27, 2021 11:43 am

Tax revenues, budgeted at 15.45 trillion rupees ($206 billion) for the year to March 31, have been below projections ever since 2017-18, as the economy lost momentum even before COVID-19 and then slipped into a deep recession.

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Despite tax dampener, growth to exceed 7.5%, says FinMin

October 06, 2015 1:19 am

Disinvestment target of RS 69,500 cr is unlikely to be met: Revenue secretary.

Economic Survey 2014-15: Investment, state transfers need priority over consolidation

February 28, 2015 2:54 am

Survey projects growth rate above 8.1% in 2015-16, moderate inflation

‘There is no serious problem for the Centre on fiscal deficit’

February 25, 2015 1:14 am

The Centre should not have much difficulty in meeting its fiscal consolidation plan as the actual increase in tax devolution to states is only 3 to 4 per cent, said M Govinda Rao.

GST: Bill in House, now time to fix the back-end

December 27, 2014 1:49 am

The final integration with the common GST portal will happen only after the GST laws of both the Centre and states are ready.

Shifting to the state

November 24, 2014 12:05 am

A structural change is afoot. It holds great promise for India.

Subsidies put fiscal deficit target under strain

November 25, 2013 5:08 am

The problem is compounded by lower tax revenues and disinvestment targets falling below expectations.

Lower growth,Re woes force FinMin to rework fisc math

August 27, 2013 2:52 am

Food security bill outgo to add to mounting pressure.

PSU stake sale key to achieve deficit targets

August 21, 2012 12:46 am

* Despite volatile markets,DoD needs to meet the Rs 30K cr sell-off target

‘Violence in Nepal is heart-rending’: PM Modi expresses concern as KP Sharma Oli resigns

India1 hr ago

Prime Minister Narendra Modi showed worry about the turmoil in Nepal and stressed the need for peace and stability. The Nepal Army and security officials called for dialogue to restore order amidst growing protests and the resignation of Prime Minister K P Sharma Oli. The Indian government issued a safety advisory for Indian citizens, advising against travel until the situation improves.

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