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.
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.
October 06, 2015 1:19 am
Disinvestment target of RS 69,500 cr is unlikely to be met: Revenue secretary.
February 28, 2015 2:54 am
Survey projects growth rate above 8.1% in 2015-16, moderate inflation
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.
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.
November 24, 2014 12:05 am
A structural change is afoot. It holds great promise for India.
November 25, 2013 5:08 am
The problem is compounded by lower tax revenues and disinvestment targets falling below expectations.
August 27, 2013 2:52 am
Food security bill outgo to add to mounting pressure.
August 21, 2012 12:46 am
* Despite volatile markets,DoD needs to meet the Rs 30K cr sell-off target