 "What is Tax Revenue")
Tax Revenue
What is Tax Revenue
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Latest Updates on Tax Revenue
Tax turbulence: Revenues take a hit in first full month of GST 2.0
Other macro indicators give mixed signals; car sales stay strong
 "Tax turbulence: Revenues take a hit in first full month of GST 2.0")
Jains form tiny population but contribute 24% of tax revenues: Rajnath
He also said the Jain community's philosophy is deeply rooted in Indian culture, and its history is an invaluable lesson in the spiritual and cultural journey of India
 "Jains form tiny population but contribute 24% of tax revenues: Rajnath")
Tax-to-GDP: What India can learn from countries with better collections
Exploring India's tax-to-GDP gap, lessons from global reforms, and the role of social security contributions in boosting revenue and citizen compliance
 "Tax-to-GDP: What India can learn from countries with better collections")
Net direct tax collection up 9% to Rs 10.82 trn till Sep 17 as refunds dip
Net direct tax collections grew 9.18% YoY to Rs 10.82 trillion till Sept 17 in FY26, driven by higher non-corporate tax inflows and lower refunds, while advance tax rose 2.9%
 "Net direct tax collection up 9% to Rs 10.82 trn till Sep 17 as refunds dip")
Indian coal prices to drop after tax changes, boosting local demand
That could push up domestic consumption at the expense of imports, they said, putting further pressure on already plunging global coal pricesZ
 "Indian coal prices to drop after tax changes, boosting local demand")
RBI bumper payout to help offset shortfall in tax revenues, say analysts
Kotak Mahindra Bank expects RBI to transfer up to ₹3.5 trillion to the government, while IDFC First Bank estimates the dividend at around ₹3 trillion for the fiscal year ending March
 "RBI bumper payout to help offset shortfall in tax revenues, say analysts")
Uttar Pradesh municipal corporations' revenue jumps 46% to ₹4,586 crore
These 17 municipal corporations had a consolidated tax and non-tax kitty of about ₹3,140 crore in FY24
 "Uttar Pradesh municipal corporations' revenue jumps 46% to ₹4,586 crore")
Budget 2025: Decoding tax and non-tax revenue and why they matter
As the Union Budget 2025 approaches, it is crucial to understand how the government earns its revenue from taxes and non-tax sources. Here's a breakdown
 "Budget 2025: Decoding tax and non-tax revenue and why they matter")
We tried to close door that caused corruption: Himachal Pradesh CM Sukhu
The Himachal Pradesh government raised milk procurement prices from Rs 38 to Rs 45 and that of buffalo milk from Rs 38 to Rs 55 per litre this April
 "We tried to close door that caused corruption: Himachal Pradesh CM Sukhu")
ICICI Bank's board approves 19% stake sale in ICICI Merchant Services
The Board of Directors of ICICI Bank Limited ("the Bank"), at its meeting held today, approved a proposal for sale of 19% stake held in ICICI Merchant Services
 "ICICI Bank's board approves 19% stake sale in ICICI Merchant Services")
Capex contracted, revenue expenditure gained pace in October: CGA data
Experts feel that the government is likely to miss the target of Rs 11.1 trillion capital expenditure in the current financial year
 "Capex contracted, revenue expenditure gained pace in October: CGA data")
Bihar govt considering taking over Bettiah Raj land worth Rs 7,960 cr
The move is being made to ensure 'effective protection and management' of the nearly 15,358 acres of land, mostly in Bihar's East and West Champaran districts and in Uttar Pradesh
 "Bihar govt considering taking over Bettiah Raj land worth Rs 7,960 cr")
Budget 2024: State governments have stepped up capital expenditure
Devolution of central taxes among states has remained a contentious issue over cess
 "Budget 2024: State governments have stepped up capital expenditure")
Statsguru: Six charts explain govt's tax collections are beating estimates
The Budget on Tuesday is likely to increase the tax revenue projections by Rs 30,000-40,000 crore compared to the Interim Budget in February
 "Statsguru: Six charts explain govt's tax collections are beating estimates")
Trade bodies in Rajasthan seek budgetary, tax reforms to boost development
"This force should also be responsible for budgetary reforms of the state government," said Kailash Sharma, senior vice-president of ARTIA
 "Trade bodies in Rajasthan seek budgetary, tax reforms to boost development")
Business Standard Manthan: Centre-state relations emerge as talking point
Ahluwalia suggested that a portion of central taxes be set aside for this transfer and the remaining be shared between the Centre and the states
 "Business Standard Manthan: Centre-state relations emerge as talking point")
Net direct tax collections rise 20% at Rs 18.9 trillion till March 17
At Rs 18.9 trillion, collection accounted for over 97 per cent of the revised estimates at Rs 19.45 trillion
 "Net direct tax collections rise 20% at Rs 18.9 trillion till March 17")
Direct tax collection grows 20% to Rs 18.90 trillion till March 17
The net direct tax collection of Rs 18,90,259 crore(as of March 17) includes Corporation Tax (CIT) at Rs 9,14,469 crore (net of refund) and Personal Income Tax (PIT)
 "Direct tax collection grows 20% to Rs 18.90 trillion till March 17")
Govt pegs non-tax revenue from communications at Rs 1.20 trillion for FY25
The government has pegged non-tax revenue collection estimates from the communications sector at about Rs 1.20 lakh crore for 2024-25 and expects to exceed the budget estimates for the current fiscal.
 "Govt pegs non-tax revenue from communications at Rs 1.20 trillion for FY25")
Budget 2024 expectations: What stance will interim Budget 2024 adopt?
Nirmala Sitharaman's recent statement that the February 1 Budget would just be a vote on account could mean that she will uphold the convention surrounding an interim Budget
 "Budget 2024 expectations: What stance will interim Budget 2024 adopt?")
