Latest News on Tax Collections
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Tax Collections - Total results - 32
Sep 18, 2019
Govt unlikely to reduce GST rates for auto, biscuit manufacturers amid fall in revenue collection; fitment panel rejects tax cutsAnother concern of the government is that if it succumbs to the pressure of biscuit manufacturers, the sectors that face the same tax rate of 18% may also seek a GST cut
Sep 05, 2019
India likely to miss fiscal deficit target this year amid pressure for more stimulus; tax collections may fall by Rs 1 lakh cr: ReportTwo government advisers said they have also urged the Prime Minister Narendra Modi-led government to defer the fiscal target to tackle the economic slowdown.
Jul 29, 2019
Why super-rich sulking over super-hike in tax rates is bunkum; someone ought to foot the bill anywayThe higher tax charges will apply to individuals and domestic investors in the said income brackets as well. There will be repercussion going ahead as well.
Jul 22, 2019
EAC-PM member Rathin Roy demands white paper on medium-term fiscal frameworkSounding a note of caution, EAC-PM member Rathin Roy on Monday urged the government to issue a white paper on medium-term fiscal framework, arguing that it would be difficult to meet the Budgetary tax collection target for 2019-20
Jul 05, 2019
Finance Minister Nirmala Sitharaman has no leeway to offer any big surprises in Budget 2019, says economistsInvestors and the market should not expect any big surprises from the first Budget by the first woman finance minister today
Jun 29, 2019
RBI Financial Stability Report: There is good news and bad news, but where is the plan of action?The Financial Stability Report analyses threadbare the overall state of the various segments as well as highlights the risk-related issues
Jun 25, 2019
Union Budget 2019-20: Revision in tax revenue estimates to influence level of fiscal deficitGST inflows continue to trail the monthly average required to meet the FY2020 Interim Budget Estimates (IBE)
Jun 21, 2019
Government likely to overshoot budget deficit target as tax collections fall shortIndia’s government is likely to overshoot the budget deficit target previously set for the current fiscal year, three officials have warned, as a slowing economy creates a big shortfall in tax collections and prompts new stimulus plans
Jun 12, 2019
Union Budget 2019: Will Nirmala Sitharaman be able to stick to fiscal deficit target in her new role as finance ministerThe interim Budget presented in February this year had revised upward the fiscal deficit target to 3.4 percent from 3.3 percent of the GDP estimated earlier for 2018-19.
May 06, 2019
Income tax e-filers decline by over 6.6 lakh in FY19, number of registered filers increases 15% to 8.45 cr: ReportAccording to statistics put out on Income Tax Department's e-filing website, income tax e-filings in FY 2018-19 was 6.68 crore, down from 6.74 crore in the previous fiscal.