"The centre's gross tax collections have shown healthy growth so far and are expected to surpass the full-year budgeted target despite the custom and excise duty cuts," the ratings agency's Chief Economist Rajani Sinha said.
October 31, 2022The tax revenue in the Union Budget for 2021-22 was estimated at ₹22.17 lakh crore against the revised estimates of ₹19 lakh crore, with a growth of 17%. The Union Budget was presented on 1st February, 2021 when the 1st COVID wave had tapered off in India but the world was facing successive waves.
April 8, 2022Moving the demand for grants for his department in the Assembly, Electricity, Prohibition and Excise Minister V. Senthilbalaji said that TASMAC fetched a tax revenue of Rs 33,811.14 crore last fiscal, up from Rs.33,133.24 crore earned in FY20.
September 7, 2021The Palestinian authority transferred 597 million shekels to families of Palestinian prisoners in Israeli jails
July 12, 2021In the wake of the pandemic & lockdowns, Punjab's tax revenue for April-June drops by 51 pc
August 26, 2020The data revealed that total expenditure -- incurred on revenue and capital -- during the April-May period was Rs 4.72 lakh crore, or at 19.4 per cent of the entire fiscal's estimate.
June 29, 2018India’s budgetary fiscal deficit for the 11 months ended in February of 2017-18 stood at 120.3 per cent — Rs 7.15 lakh crore — of the full year’s revised target of Rs 5.94 lakh crore, official data showed on Wednesday. The data furnished by the Comptroller General of Accounts (CGA) showed that the April-February fiscal...
March 28, 2018The state has recorded increased revenue collection and budget utilisation till January of the current fiscal showing improved overall fiscal performance in comparision to the corresponding period of the previous financial year, claimed official sources here on Monday. A review in this regard was conducted by chief secretary Aditya Prasad Padhi on Monday. Padhi directed...
February 14, 2018The Indian budgetary fiscal deficit over the first half of the current financial year at Rs 4.99 lakh crore — stood at 91.3 per cent of the full year’s target of Rs 5.46 lakh crore, official data showed here on Tuesday. The data furnished by the Comptroller General of Accounts (CGA) showed that April-September fiscal...
October 31, 2017West Bengal's own tax revenues have increased by about 25 per cent combined with a four-fold hike in total capital expenditure in 2012-15. Capital expenditure on the social sector has risen over five-fold and this has been matched by a three-fold increase in capital spending on economic services. The budget revenue deficit is down by three quarters from 2012-15.
August 24, 2017