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BUDGET GST TARGET
India is plotting a game-changer for RBI, banks, corporates, investorsIndia is planning a high-frequency index to track its vast informal economy, covering millions of unincorporated companies. The proposed Mo...- Maharashtra cabinet sub-committee clears Rs 1,722-crore Sea Link-Savarkar bridge connectorMaharashtra's infrastructure sub-committee has greenlit a Rs 1,722.40 crore project to build a 3.55-km road connecting the Versova-Bandra S...
- 12 years of PM Modi: Bold reforms, decisive decisions and political turning pointsAfter 12 years at the helm, Prime Minister Narendra Modi reflects on a transformative journey filled with key reforms that have altered Ind...
- Consumer staples sector to face growth normalization in 2nd half of 2026, updates on pricing power and channel efficiency eyedConsumer staples growth momentum is likely to moderate in the second half of FY27 as GST-related benefits phase out and high base effects s...
- Strong consumption keeps growth steady amid Iran war cost concernsIndia's economy shows steady growth driven by domestic demand. The West Asia conflict presents challenges like higher oil prices. The gover...
- India eyes more FDI, speed up divestment, asset monetisation as economy faces external risksIndia's government is set to accelerate reforms, focusing on attracting foreign investment and divesting assets. This strategy aims to main...
- GDP growth momentum intact, no need for additional borrowing so far: Govt sourcesIndia's economy is navigating external challenges like rising import costs. However, domestic consumption remains strong, ensuring growth m...
- To bring the world, sell India better: The $200 million fix India needs to unlock a tourism windfallIndia's tourism sector faces challenges due to a near-zero overseas marketing budget. This has kept international arrivals below pre-pandem...
- Big auto bets big: Carmakers line up Rs 40,000-crore capex push amid demand boomWhile Maruti Suzuki has earmarked record investments of Rs 14,000 crore in FY27 to add annual capacity for 500,000 cars, Hyundai Motor Indi...
- India to achieve 4.3% fiscal deficit target for FY27 despite projected dip in GST receipts: S&PS&P Global Ratings is optimistic that India will achieve its fiscal deficit goal for FY27. This assurance persists even with expected decli...
- Don't let the tail wag the dog: What Budget 2025 can do about India's growing tax overreachIndia's tax overreach and regulatory hurdles are deterring investors and undermining growth. Colonial-era institutions, designed for revenu...
- Budget Tax Targets: Sitharaman hopes to bump up tax revenues further in FY25Budget Tax Collection Target: Finance Minister Nirmala Sitharaman proposed to increase gross tax collection in Budget 2024 to boost income ...
- Direct tax mop-up may fall short of Rs 50,000 crore in FY'19, says officialThe target for GST collection was revised downwards to Rs 6.44 lakh crore from the Budget Estimate of Rs 7.44 lakh crore.
- GST collection drops to Rs 97,247 crore in FebruaryThe IGST came in at Rs 47,000 crore while the CGST and SGST stood at Rs 17,600 crore and Rs 24,200 crore.
- Confident of meeting targets: Revenue SecyThe interim budget for FY20 has budgeted a 13.5% rise in gross tax collections, riding on an 18.2% increase in GST.
- 4 days to Budget: Revenue numbers not adding up; govt may roll over subsidies, raise deficit target for FY20Some brokerages expect fiscal deficit to slip by up to 50 basis points in FY19.
- Off-Budget financing to rescue Modi government once again?Top sources indicate that the government could very well be staring at a revenue shortfall of close to Rs 1.5 lakh crore rupees on account ...
- Simplified GST return forms to be rolled out from April 1: Revenue SecretaryIn the first eight months (April-November) of the current fiscal, the government has mopped up over Rs 7.76 lakh crore from GST.
- Government to complete Air India sale by next fiscal: SurveyIn June last year, the government gave in-principle nod for strategic disinvestment of Air India. The government is working on the modaliti...
- Banking sector has seen a lot of stress due to demonetisation: Neelkanth Mishra, Credit SuisseThere are cases where some banks have changed their staff completely. There are stories of compromise happening at all levels in the bankin...
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