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NON CORPORATE TAX COLLECTIONS
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...
- IRDA's new consultation paper proposes major reforms to improve insurance distribution and reduce complaintsIrda's recent consultation paper aims to restructure insurance distributor commissions to enhance market efficiency and penetration. The re...
- 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%...
- Life insurers post 26 pc growth in new business premiums to Rs 42,914 crore in OctoberNew business increased to Rs 42,914 crore in October this year, compared to Rs 34,007 crore in the corresponding month last year, according...
- Ramayana submitted for Oscars 2027: Ranbir Kapoor, Yash's film enters Academy race despite India's official entry. Here's howNitesh Tiwari’s Ramayana: Part 1, starring Ranbir Kapoor, Yash and Sai Pallavi, has reportedly been submitted for consideration at the 2027...
- Ramayana movie Ranbir Kapoor collection: Ranbir Kapoor, Yash's film remains strong, enters Rs 800 crore worldwideNitesh Tiwari's Ramayana: Part 1 has made waves at the global box office, amassing over Rs 800 crore. In North America, the film has shatte...
- 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...
- 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...
- GCC clears 400 tonnes of firecracker waste after Deepavali; 200 tonnes more targetedThe Greater Chennai Corporation has cleared around 400 tonnes of firecracker waste since Deepavali and expects to remove another 200 tonnes...
- GCC deploys 600 workers, 350 vehicles for firecracker waste collection in ChennaiThe Greater Chennai Corporation has initiated a drive for managing firecracker waste during Deepavali. They have deployed 600 personnel and...
- A Minnesota county sold a woman's condo for $40,000 over a $15,000 tax debt and kept the rest; what did the US Supreme Court say?Notably, the original tax bill was around $2,300. But, after interest and penalties, the debt was increased to around $15,000. Hennepin Cou...
- Karnataka finds ethanol content above E20 limit in petrol samples, seeks action against OMCsThe Karnataka government has accused oil marketing companies of exceeding the mandated ethanol content in petrol. Tests conducted on petrol...
- Tax reporting lapses could risk India's sovereign rating, trigger withholding tax penalties: Income Tax Principal DG Debjyoti DasSpeaking to the media on the sidelines of the 'Summit on Global Financial Compliance (FATCA & CRS)' in Mumbai, Debjyoti Das, Principal Dire...
- 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 ...
- LTCG abolition may cost just Rs 40,000–50,000 crore, SBI estimates showSBI Research estimates that abolishing long-term capital gains (LTCG) tax would cost the government just Rs 40,000–50,000 crore in FY27, fa...
- 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...
- Fiscal deficit in H1 rises to 42.1% of FY27 target on higher capex, subsidiesBy September 2026, the Centre's fiscal deficit had escalated to ₹7.14 lakh crore, exceeding last year's figures. This increase is fueled by...
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