Latest News on Tax Collections
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Tax Collections - Total results - 64
Apr 16, 2018
Intra-state e-way bill rolled out in 5 states; not much increase seen in bills on portal, says officialThe GST council had decided on a staggered roll out of intra-state e-way bill starting with 5 states -- Gujarat, Uttar Pradesh, Andhra Pradesh, Telangana and Kerala
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 08, 2018
Direct tax collection rises 19.5% to Rs 7.44 lakh cr in April-February period: Finance ministryThe Direct Tax collection has risen 19.5 percent to Rs 7.44 lakh crore in the April-February period of the current fiscal, buoyed by a strong pick up in corporate tax
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.
Mar 01, 2018
India economy: Govt indicates it will not cut expenditure in the wake of higher fiscal deficit numbersFiscal deficit has touched Rs 6.77 lakh crore at the end of January 2018, 113.7 percent of the target for the year, on account of higher expenditure.
Jan 31, 2018
Budget 2018: Government may peg fiscal deficit above 3.2% of GDP for FY2018-19Budget 2018 is likely to focus on enhancement of spending rather than a reduction of direct taxes, and therefore, the chances of achieving the fiscal target of 3.2 percent for FY 2017-18 and 3.0 percent for FY 2018-19 appears low
Jan 30, 2018
Economic Survey 2018 reveals low tax collections at panchayat level are challenge to fiscal federalismEconomic Survey says panchayats received 95 percent of their revenues from devolved funds from centre/state, while generating only 5 percent from own resources
Jan 25, 2018
December GST collections rise to Rs 86,703 cr from Rs 80,808 cr in November, govt saysAfter registering a fall for two consecutive months, the total revenue collections under Goods and Services Tax (GST) for the month of December 2017 (received in December 2017/January up to 24 January,2018) rose to Rs 86,703 crore till 24 January 2018, the finance minsitry said on Thursday
Jan 24, 2018
Budget 2018: Bond investors want level playing field with equities in capital gains taxThe yields on government bonds have surged by more than 100 basis points (100 basis points is equal to 1 percent) since August 2017.
Jan 17, 2018
Direct tax collections jump 19% to Rs 6.89 lakh cr this fiscal; gross collections up 13.5% to Rs 8.11 lakh crCBDT says there has been consistent and significant improvement in the position of direct tax collections during the current fiscal