Page 6 - Revenue Collection

Small firms lose out to bigger peers, see sharpest revenue drop in 2 years

The analysis is based on the quarterly results of a common sample of 2,353 listed companies across sectors

No escape from extra borrowing

Despite growth likely in the second half of the year, revenue gap will be large leading to higher borrowing and expenditure management

Excise duty mop-up grows 34% in H1; overall revenue collection down 22%

Overall revenue collection down 22% in Apr-Sept

UP revenue collection increases to Rs 10,672 crore after lockdown

For the third consecutive month after lockdown, UP has posted an impressive revenue receipt of Rs 10,672 crore in October which is Rs 1,828 crore more than what it received last year in the same month

Bihar's revenue collection registers growth in August: Sushil Modi

Sushil Kumar Modi said that the state has registered a growth of 11.70% in revenue collection in August, compared to that in the corresponding month in the previous financial year

Signs of economic revival as UP revenue collection jumps 6.74% in August

After sluggish mop up in April and May, state earnings have been improved with revenue collection in July at Rs 10,675 crore, or 97% of the level achieved the same month a year ago

Fiscal deficit to touch 7% in FY21 as Covid hits revenue: Brickwork Ratings

Revenue from income taxes (personal income tax and corporate income taxes) was lower by 30.5 per cent, and the GST by almost 34 per cent during the period

FinMin unlikely to take Covid-hit FY21 as a base for FY22 Budget

FY20 is being considered for a 'more realistic comparison'

Rajasthan's revenue collection dropped by 70% due to Covid-19, says Gehlot

He also said that it is important that "money is pumped and purchasing power of people is enhanced so that demand can be generated".

15th Finance Commission discusses govt's revenue projections in video meet

The meeting was headed by Chairman NK Singh with Finance and Revenue Secretary Ajay Bhushan Pandey, CBDT Chairman Pramod Chandra Mody and CBIC Chairman M Ajit Kumar

Airtel, Vodafone Idea's Q1 mobile revenues to fall due to lockdown: Report

APRU is expected to decline sequentially in Q1 of 2020-21 after healthy growth in the preceding quarter (Q4FY20)

April-May fiscal deficit at 58.6% of fiscal year target as revenue slumps

Total revenue was Rs 45,498 crore, or 2 per cent of the budgeted estimate of Rs 22.46 trillion, compared to 7.1 per cent for the same period last year.

Compensation has become the biggest issue in GST: Sushil Kumar Modi

Modi tells Dilasha Seth that the proposed reforms like simplified return form and e-invoicing facility, among others, will be difficult to push through in the fourth year.

Centre profiteering from price hike, says Sonia; Pradhan rebuts charges

Pradhan, however, said Congress-ruled states were equally responsible for an overall rise in oil prices

Direct tax mop-up rises 39% amid sharp decline in disbursement of refunds

Collections may come under pressure once the base effect wears off

CEA Krishnamurthy Subramanian sees FY21 fiscal deficit at over 5%

No doubt that economy will contract in Q1, Krishnamurthy Subramanian says

Saregama India Q4 net profit down 10.3% to Rs 14.8 cr; revenue slips 14.27%

Revenue from music stood at Rs 91.74 crore during the quarter under review, while that from films/television serials was at Rs 16.45 crore

The problem of tax buoyancy

The Union government's tax buoyancy has never been very high

Covid-19 crisis: Govt wants PSUs to ramp up dividends, share buybacks

With Covid-19 set to hit FY21 revenue mop-up, Centre looks for options

L&T Tech Services goes after new streams of revenue amid Covid-19 crisis

As Covid-19 hits the global economy hard, the company refrained from giving any growth guidance for the ongoing fiscal