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TAX COLLECTION GROWTH
The new trends reshaping India's art marketArt Mumbai is back, showcasing a wider array of international exhibitors while highlighting the evolution of art collections. With communit...- India's 'achievable' FY27 direct tax target faces a make-or-break second halfIndia's budgeted direct tax collection target for this fiscal year is Rs 26.97 lakh crore. Current collections are at approximately 53 perc...
- India's net direct tax mopup rises 11.76%India's net direct tax collections have risen 11.76% year-on-year to ₹14.42 lakh crore as of November 10. This growth is largely due to inc...
- India's growth gets further votes of confidence as Moody's raises FY27 forecast to 7% from 6.5%Moody's Ratings has raised India's economic growth forecast for 2026-27 to 7% from 6.5%. This adjustment reflects the nation's strong consu...
- India's net direct tax collections rise 11.8% to Rs 14.42 lakh crore from April 1 to Nov 10India's net direct tax collections recorded an increase of 11.76% to reach Rs 14.42 lakh crore. Gross direct tax collections rose by 14.02%...
- Samvat 2083 begins: Will the good times roll for Indian businesses?Samvat 2083 begins with Indian businesses entering the new year on a note of cautious optimism. Strong GST collections, festive demand and ...
- Market may deliver bumper returns by next Diwali as valuations and earnings align, says Raamdeo AgrawalIndian equities enter Samvat 2083 on a strong note, with Nifty surging 8.6% last week and reclaiming 25,000. Motilal Oswal Chairman Raamdeo...
- States' capital outlay to accelerate to 10-12% on Centre support in FY27, urban infra to lead: CrisilStates' capital expenditure is projected to rise 10-12% to around Rs 8.5 lakh crore in FY27, driven by higher central assistance and greate...
- Signature Global reports Rs 817.40 crore revenue in Q2FY27Signature Global achieved a 148% increase in revenue to Rs 817.40 crore in Q2FY27 compared to the previous year. The company experienced a ...
- Centre proposing parity in mineral taxation, states' rights to remain intact: Union Mines SecretaryProposed amendments to the Mines and Minerals (Development and Regulation) Act are intended to create tax parity across states. This initia...
- Pull it, not just for better FPIs: Scrap FPI capital gains tax to boost inflows, strengthen rupee and cut fiscal deficitScrapping the long-term capital gains tax could significantly enhance foreign portfolio investment in India. This move would likely lead to...
- Fiscal deficit likely to exceed FY27 target by up to Rs 1.2 lakh croreIndia's fiscal deficit for the year 2026-27 is projected to exceed the budgeted target by a significant amount. The anticipated deficit may...
- FM Sitharaman acknowledges foreign investor anxiety, says she will consider voices seeking tax changes before BudgetUnion Finance Minister Nirmala Sitharaman acknowledged concerns from investors regarding potential tax changes to support equity markets. S...
- Capex key to India's growth strategy, fiscal prudence remains top priority: Sitharaman at HSBC eventFinance Minister Nirmala Sitharaman highlighted the importance of capital expenditure in driving economic growth in India. She stated that ...
- DMK chief Stalin slams TVK govt over GST slump, loss of Rs 1,614 cr Korean investment to APM K Stalin has accused the ruling TVK government of causing economic decline in Tamil Nadu. He pointed out the record lows in GST revenue g...
- India likely to meet FY27 fiscal deficit target despite spending pressures: Goldman SachsThe Centre appears on track to meet the fiscal deficit target set for FY27. Strong corporate tax collections are offsetting some revenue pr...
- GST collections jump 22.9% to Rs 2.31 lakh crore in October as festive demand beats high inflation and interest ratesIndia's GST collections in October reached ₹2.31 lakh crore, reflecting a 22.9% year-on-year increase. Strong consumption trends are indica...
- India's October Gross GST collections jump 22.9% to Rs 2.31 lakh croreIndia's gross GST collection reached Rs 2.31 lakh crore in October, representing a 22.9% increase from last year. The gross GST collected f...
- Centre releases states Rs 1.09 lakh cr festive boostUttar Pradesh received the largest allocation of ₹19,208 crore, followed by Bihar at ₹10,845 crore. Madhya Pradesh was allocated ₹8,010 cro...
- Fiscal deficit in H1 rises to 42.1% of FY27 target on higher capex, subsidiesBy September 2026, the Centre's fiscal deficit had escalated to ₹7.14 lakh crore, exceeding last year's figures. This increase is fueled by...
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