Direct tax mop-up misses FY26 target; Collections rise 5%India's direct tax collections saw a modest rise in FY26. However, the total mop-up missed the revised target by ₹81,000 crore. Both corpor...
05 May, 2026, 12.09 AM IST
RBI Governor Malhotra calls for deeper, more efficient financial markets as India shows resilience amid global headwindsIndian financial markets are showing strength amid global challenges. RBI Governor Sanjay Malhotra highlighted that future growth hinges on...
02 May, 2026, 10.04 AM IST
Govt plans to stick to budgeted capex, exit non-strategic areasIndia plans to keep its capital spending high in FY27 to support economic growth. Officials stated the government will continue its planned...
02 May, 2026, 12.21 AM IST
Why Motilal Oswal’s BFSI fund is betting big on capital market ecosystem: Prateek Agarwal of Motilal Oswal AMCPrateek Agarwal of Motilal Oswal AMC highlights a shift in financial sector growth from traditional banking to capital markets like AMCs, b...
18 Apr, 2026, 11.10 AM IST
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...
06 Apr, 2026, 08.36 AM IST
Despite rate reset, GST collection rises on strong consumptionIndia's Goods and Services Tax collections ended the fiscal year strongly. March collections surpassed two lakh crore rupees for the third ...
02 Apr, 2026, 12.20 AM IST
India’s tax buoyancy slump is a warning for fiscal policyIndia's tax revenue growth has slowed significantly in FY26. This creates a challenge for the government balancing economic support and fis...
28 Jan, 2026, 11.10 PM IST
GST not only increased tax payers base but also lowered tax evasion over past 8 years: BoBA Bank of Baroda report indicates that Goods and Services Tax implementation has expanded the tax base. It has also reduced tax evasion. GS...
25 Jul, 2025, 02.04 PM IST
India needs 1.2-1.5 tax buoyancy to achieve 6.5-7pc growth: EYIndia needs to maintain a tax buoyancy of 1.2-1.5 to achieve 6.5-7% growth, according to an EY report. The government should increase the t...
26 Feb, 2025, 01.20 PM IST
Why has India’s corporate tax mop-up failed to match the pace of personal income-tax collection?India's corporate tax collection has struggled to keep pace with personal income tax in recent years due to factors such as better complian...
24 Jun, 2023, 11.10 PM IST
Eyeing top 50: Insolvency resolution, cross-border trade, contracts in focusStates might be facing a revenue gap of up to Rs 1.23 lakh crore after withdrawal of GST compensation.
05 Jan, 2020, 11.42 PM IST
Corporate tax cut positive but growth faces headwinds: Moody'sCentre announced a reduction in the base corporation tax rate to 22% from 30%.
21 Sep, 2019, 12.39 PM IST
Finance minister hopes tax buoyancy will do the trickFiscal deficit could rise to 4% of GDP in FY20 as result of cut in corporate tax rates.
21 Sep, 2019, 08.21 AM IST
Demonetisation as a Parrondo’s ParadoxThe stakes were always stacked up high against demonetisation, and odds in the game were largely skewed towards a failure.
18 Sep, 2018, 11.00 AM IST
- Tax buoyancy helps Govt contain deficits
"I am happy to report that we are on course to achieve the FRBM Act targets," Chidambaram said.
28 Feb, 2007, 02.52 PM IST
- India's tax collection shows buoyancy
Except excise, all taxes will outdo the Budget estimates with corporate & service tax emerging on top.
12 Jan, 2007, 01.00 AM IST
- WB favours VAT for greater tax buoyancy, compliance
India would do well to adopt value added tax system, that is a better way to tax services and it increases tax compliance, a top World Bank...
22 May, 2003, 07.57 PM IST