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CORPORATE TAX COLLECTIONS
India's 'achievable' FY27 direct tax target faces a make-or-break second halfIndia's budgeted direct tax collection target for this fiscal year is Rs 26.97 lakh crore. Current collections are at approximately 53 perc...- India's net direct tax mopup rises 11.76%India's net direct tax collections have risen 11.76% year-on-year to ₹14.42 lakh crore as of November 10. This growth is largely due to inc...
- India's growth gets further votes of confidence as Moody's raises FY27 forecast to 7% from 6.5%Moody's Ratings has raised India's economic growth forecast for 2026-27 to 7% from 6.5%. This adjustment reflects the nation's strong consu...
- A double transition for corporate India: New accounting rules, new auditorsCompanies are preparing for the transition to Ind AS 118 which will impact financial statement reporting. Changes in statutory auditors coi...
- India's net direct tax collections rise 11.8% to Rs 14.42 lakh crore from April 1 to Nov 10India's net direct tax collections recorded an increase of 11.76% to reach Rs 14.42 lakh crore. Gross direct tax collections rose by 14.02%...
- These 7 private and public banking stocks have an upside of up to 20% in one year, according to analystWhen FPI money returns, there are two parts of the market that tend to draw it first: Financial services broadly, and banks within it. So t...
- Stocks in news: Cochin Shipyard, Kalyan Jewellers, MRF, Coal India, BHEL and Bajaj FinanceIndian markets are set to resume trading after the Diwali holiday, with investors tracking key stocks such as Cochin Shipyard, Kalyan Jewel...
- India risks losing tax revenue by delaying global minimum tax rolloutIndia’s delay in implementing the OECD-G20 global minimum tax framework, known as Pillar Two, could mean losing tax revenue to other countr...
- Samvat 2083 begins: Will the good times roll for Indian businesses?Samvat 2083 begins with Indian businesses entering the new year on a note of cautious optimism. Strong GST collections, festive demand and ...
- TReDS sees a festive boost; Nykaa’s growth strategyHappy Friday! Festive inventory demand has lifted invoice financing on TReDS platforms. This and more in today’s ETtech Morning Dispatch.
- Festive stocking drives 36% jump in TReDS volumes as small businesses seek working capitalThe five platforms operating under the Trade Receivables Discounting System (TReDS) financed invoices worth Rs 75,788 crore in August and S...
- IKF Finance sets Rs 25,000 crore AUM target for 2030The company has broadened its financial services beyond vehicle loans, which opens up new avenues for growth. With a seasoned leadership te...
- These 11 private and public banking stocks have an upside of up to 33% in 1 year, according to analystsIt is too early to read a lot into the divergence seen in the stock price movements of private and PSU banks on Tuesday. Neither can it be ...
- PSU oil firms float tender to buy 150 mn litres of biodiesel at Rs 88/litreIndian oil marketing companies are inviting bids for 150 million litres of biodiesel over a three-month period. The procurement will begin ...
- India likely to meet FY27 fiscal deficit target despite spending pressures: Goldman SachsThe Centre appears on track to meet the fiscal deficit target set for FY27. Strong corporate tax collections are offsetting some revenue pr...
- GST collections jump 22.9% to Rs 2.31 lakh crore in October as festive demand beats high inflation and interest ratesIndia's GST collections in October reached ₹2.31 lakh crore, reflecting a 22.9% year-on-year increase. Strong consumption trends are indica...
- MCD races against October 31 deadline to operationalise multi-lane free-flow toll system at 20 Delhi entry pointsThe Municipal Corporation of Delhi is installing a multi-lane free flow tolling system at major entry points. The aim is to ease traffic co...
- From Patna to Kanpur, can an emerging market fix dirty, broken cities?Patna is set to become the first municipality in Bihar to issue municipal bonds, raising Rs 200 crore for urban infrastructure. This move h...
- Govt seeks investor and expert views on LTCG and STT as it reviews capital market levies amid FPI exodusThe government has initiated a reassessment of long-term capital gains tax and securities transaction tax. Stakeholders, including investor...
- India's net direct tax collections rise 13.21% to Rs 13.38 lakh crore till October 14 of FY27India’s net direct tax collections rose 13.21% year-on-year to Rs 13.38 lakh crore as of October 14 in FY27, while gross collections increa...
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