Latest News on Tax Collection
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Tax Collection - Total results - 32
Jul 02, 2019
Maharashtra GST collection up 6.4% in Q1 at Rs 46,587 cr; sets target to become $1-trillion economy by 2025Maharashtra's share in GST collection was 14.44 percent in FY19, when the state collected Rs 1.7 lakh crore while the national GST collection in FY19 was Rs 11.77 lakh crore, he said.
Mar 28, 2019
CBDT raises alarm as direct tax collection remains short of 15%; officials asked to pull up socks to achieve targetThe officer expressed CBDT's disappointment at this situation and has asked the supervisory tax officials to pull up their socks and ensure no stone remains unturned to achieve the target.
Dec 01, 2018
GDP growth at 7.1% in Q2: With economy struggling to keep pace, 7.5% full year target looks difficultThe gross domestic product (GDP) growth rates will remain in the news for quite some time now.
Sep 26, 2018
Govt finances show improvement in August with fiscal deficit at 94.7 percent of budget estimateIn actual terms, the fiscal deficit or gap between the total expenditure and receipts was Rs 5.91 lakh crore in the first five months period of 2018-19 financial year
Jul 02, 2018
GST collections will exceed Rs 13 lakh crore in current fiscal, says finance minister Piyush GoyalGoyal said with more number of people coming under GST, and successful implementation of e-way bill system, there will be scope for rationalisation of tax slabs
Jun 15, 2018
Higher oil prices, GST collections may boost states revenue by Rs 37,400 cr this fiscal: SBI reportStates are likely to gain an additional Rs 37,426 crore in revenue in the current fiscal on the back of surge in oil prices and better tax collection due to the GST, says a SBI research report
May 31, 2018
GST and demonetisation will improve tax collection, broaden tax base in India, says Moody'sReforms such as GST and demonetisation will improve tax collection and broaden the tax base in India overtime, Moody's Investors Service said
May 19, 2018
ToR of 15th Finance Commission: It pays to look beyond the population criterion and work out a performance-based formulaPopulation has been one of the parameters but has become controversial as it has been interpreted as being discriminatory on account of the change in the base year from 1971 to 2011 for calculating allocations.
Mar 28, 2018
GST collection falls in February: Experts expect it to go up this month on year-end accruals, e-way billWith the GSTN systems being stabilised to a large extent and compliance level increasing the collections are bound to improve in the first quarter of next fiscal year.
Mar 06, 2018
GST revenue in FY19 to grow at 14-16%; speculative collection target of Rs 7.4 lakh cr is 67% higher than RE: SBIGST receipts during the current fiscal will only be for 9 months as the new indirect tax regime was implemented from July.