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NON TAX REVENUE
Govt raises nearly Rs 20,000 crore through disinvestment, asset sales as West Asia conflict swells subsidy burdenThe Centre has raised nearly Rs 20,000 crore through stake sales and asset monetisation in the first two months of this financial year. Thi...- 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...
- India meets FY26 fiscal deficit goal at 4.4% of GDP despite revenue and global pressuresIn a commendable feat, the Indian government has hit its FY26 fiscal deficit goal of 4.4% of GDP, largely due to prudent expenditure manage...
- India meets FY26 fiscal deficit target of 4.4% of GDP; revenue deficit at 1.55%India's fiscal deficit reached the budgeted 4.4% of GDP for fiscal 2026. This eases immediate government finance worries. However, the focu...
- IDBI Bank stake sale back on table; Centre explores revival optionsThe bids remain ‘alive’ and the government is examining legal provisions under the tendering framework that allows for bids to be accepted ...
- Behind the petrol pump: Why fuel retailers losing Rs 7-8 per litre need $85 crude oil to stop bleeding cashOil companies face continued losses of Rs 7-8 per litre on petrol and diesel, with a breakeven point only at crude prices of $85-87 a barre...
- Arvind Panagariya on what RBI transfer of ₹2.87 lakh cr surplus to govt means for Indian economyThe Reserve Bank of India's record ₹2.87 lakh crore dividend transfer offers crucial fiscal support amid global economic turbulence. This s...
- RBI declares record Rs 2.87 lakh crore dividend to cushion war shockThe Reserve Bank of India announced a record surplus transfer to the government for FY26, though it falls short of budget estimates. This s...
- RBI greenlights record surplus transfer of Rs 2.86 lakh croreThe Reserve Bank of India's central board approved a record Rs 2.86 lakh crore surplus transfer to the government for FY26. This significan...
- RBI's record dividend payout to provide partial cushion to stressed govt finances: ExpertsThe all-time high dividend declared on Friday is 6.7 per cent greater than Rs 2.69 lakh crore for the 2024-25 fiscal. urplus transfer by RB...
- RBI likely to pay a big dividend to CentreEconomists estimate the surplus transfer-often referred to as the central bank's dividend to the government-in the range of Rs 2.7 lakh cro...
- RBI likely to pay record dividend to govt this yearThe Reserve Bank of India is set to transfer its highest-ever dividend to the central government. This substantial payout will offer the Ce...
- Gram panchayats boost own earnings, fund schools, flood control and digital accessIndian villages are achieving financial independence. Gram panchayats are boosting tax collections and using their own funds for schools, f...
- GST states quo won't do: Post-GST revenue divide widens across IndiaNew CAG data reveals states are diverging in fiscal health post-GST. Some states are effectively building revenue capacity, while others ar...
- India’s April–February fiscal deficit at Rs 12.53 lakh crore, narrows on-year to 80.4% of FY26 aimAs of February, India's fiscal deficit escalated to Rs 12.5 lakh crore, capturing 80.4% of the year’s aimed target. This decrease from last...
- Govt raises non-tax revenue collection target from telecom by 30% to Rs 89,469 croreThe government has revised the revenue estimate to Rs 68,784 crore for the current fiscal from earlier projection of Rs 52,806 crore in the...
- China's fiscal revenue plunges 26.1% as virus ravages economyChina's fiscal revenue tumbled 26.1% in March from a year earlier, officials said on Monday, extending the previous month's slump as the co...
- Budget should unveil a long-term strategy for non-tax revenue generation: Edelweiss' Rashesh ShahAhead of the Budget, Shah urged the finance minister to unveil a road-map for "continuous and steady growth in non-tax revenues in a strate...
- View: High time to prioritise non-tax revenue in the BudgetNon-tax revenues as a percentage of total revenues have been budgeted at around 23% this year, lower than the 26% and 25% in 2017 and 2016 ...
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