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SURCHARGE REVENUE INCREASE
Ashish Kacholia-backed smallcap stock tanks 34% in just two sessions. What’s behind the selloff?Jain Resource Recycling shares plunged up to 19% after reporting operational disruptions caused by Iran–Israel geopolitical tensions, which...
Paying thousands extra has become the only way forward for many US visa applicantsPremium processing has become a necessity for many US immigration applicants due to escalating delays in standard visa and employment autho...
Congress demands withdrawal of circular asking Haj pilgrims to pay Rs 10,000 moreThe Congress party has demanded the withdrawal of a Rs 10,000 airfare increase for Haj pilgrims. The party alleges the Modi government has ...
From shortage story to cash-flow story: A sector ready for sustained re-rating? 5 power stocks with upside potential of up to 33%In the power sector, the next cycle will not reward whoever has the most installed megawatts. It will reward whoever can sign the right con...
Amazon stock price, earnings, profits and net sales rise after strong first-quarter cloud growthAmazon stock price, earnings, profits and net sales increased after the company reported higher first-quarter profit and revenue driven by ...
From Hormuz to headquarters: Iran war ripples through corporate balance sheets, blurs forecastsBusinesses face rising costs and supply chain disruptions due to the U.S.-Israeli war with Iran. Companies report higher transport and raw ...
Global Inc speaks out: Iran war hurt biz already bruised by tariffs, high costsInvestors and economists are watching to see whether companies can absorb the shock, or if prolonged uncertainty over energy, transport and...
Government uses special provision to reduce airport landing and parking charges by 25%To support the beleaguered airline industry, airports are rolling out a temporary 25% discount on landing and parking fees for domestic fli...
Govt notifies Finance Act 2026 that changes tax provisions from April 1The Finance Act 2026 has been notified, bringing changes to tax rules for the upcoming fiscal year. Parliament approved the Finance Bill 20...
Are cess and surcharge funds truly reaching their intended purposes?Government revenue from cesses and surcharges is substantial. While intended for specific schemes, concerns persist about their actual usag...
Surcharges that began as temporary measure have become a heavy fixture in income tax; Why do they need redesigning in Budget 2026While the 10% surcharge introduced in 2013 was intended for a single year, the policy has since evolved into a complex, multi-tiered system...
Govt aims to collect Rs 4.18 lakh cr from cess, Rs 1.72 lakh cr from surcharge in FY26The central government anticipates increased revenue from cess and surcharges. The target is over Rs 4.18 lakh crore from cess and over Rs ...
Need Fiscal Council like institution to better manage Centre, state debt: NK SinghFact that we are one of those countries which have some kind of fiscal architecture, but does not have independent fiscal institutions is a...
15th Finance Commission opted for continuity, predictability in deciding tax devolution to states: N K SinghThe 15th Finance Commission has recommended that states be given 41 per cent of the divisible tax pool of the Centre during the period 2021...
Tax proposals to yield additional Rs 30,000 cr in 2019-20: Revenue SecretaryThe annual gain from increase in Special Additional Excise duty and road cess on petrol and diesel is Rs 30,000 crore.
Government expects to raise Rs 2,82,212 crore from cess in 2017-18"The estimated revenue likely to be generated through cess and surcharge in the financial year 2017-18 is Rs 2,82,211.98 crore," FM Arun Ja...
- Railway imposes cess on ore for export market
Nearly 50% of iron ore produced in the country is exported. In a robust demand situation, the railways can charge more from iron ore export...