Revenue Collection

Govt breaching 3.3% fiscal deficit target no big deal, but then why do we need FRBM Act that no one is serious about?

The government had estimated a fiscal deficit of Rs 6.24 lakh crore, or 3.3 percent of the GDP, for the current fiscal. But, for April-November itself, deficit stood at Rs 7.16 lakh crore, or 114.8 percent of the target.

Fiscal deficit target of 3.3% for 2018-19 could be a challenge, likely to be breached, say experts

Government's fiscal deficit touched 114.8% of the full-year estimates at the end of November

Fiscal deficit shows improvement in June quarter on higher revenue collection, govt data shows

Government's finances have shown improvement in the June quarter of 2018-19 with fiscal deficit working out to 68.7 percent of the Budget Estimate, mainly on account of higher revenue collection

GST at one: Govt pleasantly surprised by political class rallying behind tax regime; admits technology let it down initially

Adhia went on to say that natural gas and aviation turbine fuel (ATF) might come under the GST in near future.

Revenue collection expected to exceed target this fiscal: FM

The government estimates to garner Rs 13.64 lakh crore from both direct and indirect tax collection during the current fiscal.<br />