Page 4 - Tax Collections

Google tax collection jumps 4 times in Q1; Bengaluru tops the list

This comes in the backdrop of India agreeing to the global tax deal proposal at the OECD, which will require New Delhi to withdraw the equalisation levy by 2023

Mapping recovery

India needs a new medium-term economic road map

Advance tax collection: Automobile, IT firms lead surge in April-June qtr

Maruti Suzuki, Hero MotoCorp, TCS, and Infosys reported a jump between 44 per cent and 200 per cent in the April-June quarter of this financial year on account of a low base

Best of BS Opinion: The search for news media, economic recovery & more

Here are the best of Business Standard's opinion pieces for Friday

Some bright spots

There are still a number of risks to durable economic recovery

Advance tax collection surges 146% despite Covid-19-led economic disruption

Net direct tax mop-up zooms 100% till June 15

Best of BS Opinion: Rising inflation risk, Centre's GTR in 2020-21 & more

Here are the best of Business Standard's opinion pieces for Tuesday

Dangers of a wrong diagnosis

Indirect taxes are now higher than direct taxes. But cutting indirect tax rates to address this will amount to barking up the wrong tree

Direct tax mop-up zooms 85% in spite of economic disruption due to Covid-19

Trend in contrast to moderation in GST collections last month

Statsguru: A decline in growth poses risks to govt's fiscal forecast

While tax collections provided some reprieve, the government seems to be consistently underperforming on the disinvestment side.

More misses than hits

GST Council should have addressed pressing issues

Rationalise rates

GST Council must address the shortfall in collection

Govt's worry on corporation tax revenue front may worsen in coming years

Concern over a falling share of corporation tax revenue may get worse

Wave of disruption

New Covid cases could threaten the fragile economic recovery

Best of BS Opinion: Legality versus morality, rising Covid-19 cases & more

Here's a selection of Business Standard opinion pieces for the day

Renewed risks to recovery

Rising Covid cases could reverse recent gains

Personal I-T revenue now equals all other direct taxes: That's a problem

Until the 1950s taxes on output contributed more to government revenue than those on incomes of people and businesses. But since then the balance has gradually been reversed

Tax worries roil indices ahead of Budget; Sensex down 5% from peak

YTD returns turn negative

Budget 2021: Govt stares at revenue shortfall of Rs 7 trn this fiscal year

Revenue from disinvestment has been Rs 17,958 crore this financial year, against a target of Rs 2.10 trillion

How key economic estimates are likely to pan out in Budget 2021-22

Business Standard presents two scenarios on revenues, expenditure and fiscal deficit, based on two different assumptions of the country's GDP the next financial year