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STATE REVENUE SHORTFALLS
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 ...- Social Security crisis 2032: Could a 22% benefit cut slash retirement income for millions of Americans if Congress fails to act?Social Security crisis 2032 is no longer a distant warning. Current projections show the trust fund could face depletion by 2032, triggerin...
- Open MSP procurement, storage to private sector: StarAgri CEOStarAgri CEO Amith Agarwal advocates a bigger private-sector role in MSP procurement and storage to boost efficiency, warehousing capacity,...
- Banks are cutting credit card perks quietly; Learn how to get more value from your walletMany banks have recently reduced credit card rewards, cashback limits, and perks, prompting cardholders to reassess their spending strategi...
- Govt reviews divestment plans, IDBI Bank stake saleGovt officials are reviewing the IDBI Bank disinvestment strategy. This comes after weak investor interest and market volatility impacted t...
- Govt examining removal, reduction of 11% import duty on cotton: OfficialThis move aims to ease cost pressures on domestic textile companies. Discussions are underway with relevant ministries for potential reduct...
- India plugs oil gap as Middle East supplies sinkIndia is boosting Russian oil imports and reviving supplies from Africa, Iran, and Venezuela. This strategy aims to fill a crude oil gap ca...
- Liquor stocks have macro tailwinds, but will FTAs become a problem? 6 liquor stocks with an upside potential of up to 26%Supply chain disruptions caused by the US-Israel-Iran conflict have a second-order impact on several industries. The liquor sector is no ex...
- Iran US War today: Oil prices rattle United Airlines, Delta Air Lines, Alaska Air. Reduced number of flights to high fares -- What's in store for flyers in America?Iran-US War news today: Airlines are already cutting flights, even as planes remain full, because some routes no longer make sense at curre...
- Earnings vs signals: Q4 results may matter more than they lookThe March quarter earnings season arrives at an inflection point, with stable numbers masking underlying economic shifts. Escalation of the...
- Assets monetisation in focus to bridge potential selloff gapAmid market volatility linked to the Iran conflict and delays in the IDBI Bank sale, the government plans to accelerate asset monetisation ...
- GST cess may fall short of Rs 1.37 lakh crore for states compensation; Centre likely to meet shortfallThe GST compensation cess fund might have a ₹1.37 lakh crore shortfall by March 31 due to ₹50,000 crore interest on Covid loans. An additio...
- GST Council meet ends without conclusion on compensationThe Council met for the third time in a row to discuss the issue, with minister of state for finance Anurag Thakur, finance ministers of st...
- Why amicable resolution to GST shortfall is vital for our federal polityParliament passed a law, specifically on the subject of compensating the states for any shortfall in GST collections from a linear projecti...
- Kerala rejects Centre's proposal of borrowing by states to meet GST revenue shortfallThe Centre and opposition-ruled states like Punjab, Kerala, Delhi and West Bengal, are at loggerheads over the financing of the Rs 2.35 lak...
- States' GST revenue shortfall can be bridged by monetising debt, NSSF: SBI reportThe Centre on Thursday had placed before the GST Council two options for borrowing by states to meet the shortfall in Goods and Services Ta...
- ITC may feel the heat as GST shortfall could lead to higher taxes on tobaccoCLSA said state governments’ tax revenue, including GST, grew just 1 per cent in April-August 2019 from a year ago period compared to the b...
- GoM on revenue shortfall to study GST collection on services by statesThe panel has been formed by the GST Council to look into revenue shortfall being faced by the states post implementation of the Goods and ...
- Sushil Modi to head GoM on GST revenue shortfall faced by statesAmong the union territories, Puducherry is facing maximum shortfall of 43 per cent.
- Congress states to raise issue of revenue shortfall at GST meetThey said there was a lot of pressure on states due to the hasty implementation of GST. “There is pandemonium, there is chaos,” they said i...
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