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INDIA TAX BUOYANCY
Macro, the Mightiest: Why India’s biggest macro variable still falls from the skyThe 2026 monsoon comes with a clear warning: Rainfall is forecast at 92% of the long-period average, with higher-than-usual probability of ...24 May, 2026, 06.11 PM IST- Direct tax mop-up misses FY26 target; Collections rise 5%India's direct tax collections saw a modest rise in FY26. However, the total mop-up missed the revised target by ₹81,000 crore. Both corpor...05 May, 2026, 12.09 AM IST
- RBI Governor Malhotra calls for deeper, more efficient financial markets as India shows resilience amid global headwindsIndian financial markets are showing strength amid global challenges. RBI Governor Sanjay Malhotra highlighted that future growth hinges on...02 May, 2026, 10.04 AM IST
- Govt plans to stick to budgeted capex, exit non-strategic areasIndia plans to keep its capital spending high in FY27 to support economic growth. Officials stated the government will continue its planned...02 May, 2026, 12.21 AM IST
- India’s tax buoyancy slump is a warning for fiscal policyIndia's tax revenue growth has slowed significantly in FY26. This creates a challenge for the government balancing economic support and fis...28 Jan, 2026, 11.10 PM IST
- Budget 2026: As economy holds firm, India Inc urges focus on growth, capex and private investmentBusinesses in India are urging the government to prioritize economic growth in the upcoming budget. They are calling for more reforms and i...12 Jan, 2026, 12.49 AM IST
- GST not only increased tax payers base but also lowered tax evasion over past 8 years: BoBA Bank of Baroda report indicates that Goods and Services Tax implementation has expanded the tax base. It has also reduced tax evasion. GS...25 Jul, 2025, 02.04 PM IST
- India needs 1.2-1.5 tax buoyancy to achieve 6.5-7pc growth: EYIndia needs to maintain a tax buoyancy of 1.2-1.5 to achieve 6.5-7% growth, according to an EY report. The government should increase the t...26 Feb, 2025, 01.20 PM IST
- India's net direct tax collections surge 182% in decadeIndia's net direct tax collections surged 182.02% to Rs 19.60 lakh crore in FY24, driven by a 294.3% increase in personal income tax collec...17 Oct, 2024, 02.03 PM IST
- GST collection has shown buoyancy and remarkable growth: ExpertsIndia's GST revenue for August 2024 marked a yearly growth of 10%, despite a month-on-month decline from July. Experts highlight the overal...02 Sep, 2024, 04.59 PM IST
- Government may use tax buoyancy to reform direct taxes and unleash GST 2.0, say expertsThe fiscal deficit may fall below the estimated 5.1% in FY25, says Soumya Kanti Ghosh, Group Chief Economic Advisor, Economic Research Depa...05 Feb, 2024, 12.56 PM IST
- GST helped increase revenue buoyancy of states: FM Nirmala SitharamanGiving a comparison of the tax rates pre and post-GST, Sitharaman said, "GST has done justice to the consumers by bringing the rates down c...03 Jul, 2023, 02.58 PM IST
- Why has India’s corporate tax mop-up failed to match the pace of personal income-tax collection?India's corporate tax collection has struggled to keep pace with personal income tax in recent years due to factors such as better complian...24 Jun, 2023, 11.10 PM IST
- Has the GST improved or worsened tax collection? Economic Survey answersThe post-GST period experienced many headwinds, most notably the exogenous shock of the Covid pandemic. The nominal GDP grew at a slower CA...31 Jan, 2023, 08.45 PM IST
- India will gain a few notches as an investment destination: Snehdeep Bohra, Fitch RatingsIncreased investments in India could help bridge the fiscal gap resulting out of tax cut21 Sep, 2019, 10.22 AM IST
- Did cash ban help raise tax base? ITRs rising, but not tax collectionAvailable data show there has not been a commensurate increase in tax collection.25 Sep, 2018, 03.31 PM IST
- India's tax collection shows buoyancyExcept excise, all taxes will outdo the Budget estimates with corporate & service tax emerging on top.12 Jan, 2007, 01.00 AM IST
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