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REVENUE MOP UP
Cochin Shipyard shares fall 3% amid buzz around OFS at 8% discountCochin Shipyard shares dipped Monday following reports of a potential government Offer for Sale (OFS) at a discount. The government, aiming...- Govt fundraising drive hits high gearThe government's push for non-tax revenue is off to a strong start, with public asset monetisation nearing 30% of last fiscal year's total ...
- SpaceX’s IPO success may rub off on AmbaniInvestor interest in major tech offerings remains strong. Mukesh Ambani's Jio Platforms is preparing for a significant IPO in India. Howeve...
- India’s desi gaming startups tap culture and storytelling to break China’s grip on toy and board game marketIn the vibrant world of play, Indian board games and toys are experiencing a renaissance. Consumers are leaning towards locally inspired op...
- UpGrad to acquire Unacademy for Rs 2,055 crore, 90% below peak valuationAfter on-again, off-again talks, Ronnie Screwvala-run edtech firm UpGrad is acquiring UpGrad in a cut price deal. UpGrad is also raising an...
- New policy will benefit premium brands, hurt local ones, distillers tell Karnataka CM SiddaramaiahLocal alcohol manufacturers in Karnataka have urged Chief Minister Siddaramaiah to review the proposed liquor tax system, saying it favours...
- India's consumption stands its ground amid Gulf War tremorsWest Asia War: India's economy began the new fiscal year with a powerful surge. GST collections reached a record high in April. Passenger c...
- RBI scraps Paytm Bank licence; Pronto's back-to-back fundingRBI has cancelled Paytm Payments Bank licence over compliance lapses. This and more in today's ETtech Top 5.
- States' budgeted revenue mop-up for FY25 to top pre-Covid level: PRS ReportStates' revenue collections are expected to exceed pre-Covid levels this fiscal year due to better revenue streams and higher transfers fro...
- Tax collections soar to record Rs 27.07 lakh crore in FY22Gross tax collection of Rs 27.07 lakh crore during April 2021 to March 2022 compares with budget estimate of Rs 22.17 lakh crore, he told r...
- Govt to exceed FY22 tax collection target, direct tax mop-up at Rs 6 lakh crore till Oct: Revenue secretary"Though we have given a lot of relief in indirect taxes in petrol, diesel and edible oil, also there are some sunset that have come in cust...
- AGR mop-up to boost telecom revenue by 125%The hefty bump-up in estimates stems from a combination of adjusted gross revenue collections after the SC order, and a mega spectrum sale ...
- Fiscal deficit for April-Oct at 102.4%, crosses full year targetThe revenue gap for the April-October period stood at Rs 5.46 lk cr showing the weakness in tax collection.
- Monthly GST collections not comparable; higher tax mop-up in March: Hasmukh AdhiaRevenues from Goods and Services Tax (GST) had crossed a record Rs 1.03 lakh crore for returns filed in April. GST returns filed in May fet...
- Direct tax collections up 10.67% in 11 months of FY'15Securities Transaction Tax (STT) collection surged by 45.44 per cent at Rs 6,280 crore in the 11-month period due to buoyancy in the stock ...
- Railways to try dynamic fares to mop up extra revenueThe cash-strapped railways seems to be moving towards dynamic fare pricing similar to the practice followed by airlines to mop up extra rev...
- Customs all smiles as revenue mop-up jumps on rupee painsAt least one arm of the harried North Block is a happy lot amid the falling rupee and is looking at it as a blessing in disguise.
- Haryana tops chart of states exceeding revenue mop up targetThe report indicates that majority of states have failed to meet the projected planned resources as collectively they could fetch only 92.5...
- Orissa set to surpass revenue mop up targetOrissa is all set to surpass its revenue collection target of Rs 13525.99 crore for the current fiscal.
- '11.3% hike in excise revenue mop up'Reflecting the great India growth story, the Union Government’s coffers also seems to be overflowing.
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