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TAX COLLECTIONS GROWTH
India's net direct tax collections jump 23% to Rs 8.11 lakh crore, non-corporate taxes lead gainsIndia's net direct tax collections surged 23.09 percent to ₹8.11 lakh crore as of August 10. Non-corporate tax collections rose significant...- CAG report flags fall in Delhi’s contribution to national GDPA CAG report shows Delhi's GSDP growth was slower than the national economy. Revenue receipts grew, driven by tax collections, while non-ta...
- Raymond Realty shares fall 8% as profitability takes a hit in Q1Raymond Realty shares fell 8% after Q1 earnings showed pressure on profitability despite a 37% year-on-year rise in total income to Rs 536 ...
- Good news for investors: No income tax on dividends received from REITs and InvITs in this case, Lok Sabha passes the bill; Check the detailsThe Lok Sabha passed a bill amending tax laws on August 6, 2026. This amendment benefits REIT and InvIT investors by exempting dividend inc...
- Maruti Suzuki Chairman RC Bhargava urges faster reforms for easier business, predicts car industry growthMaruti Suzuki Chairman RC Bhargava urged faster reforms for easier business operations. He anticipates significant car industry growth to 6...
- Afghanistan’s gold rush leaves a trail of dust, damage and lost farmlandGold mining operations in Afghanistan's Badakhshan province are causing significant environmental degradation. Villagers report polluted ri...
- Titan's June quarter profit surges 63% YoY, income up 40%Titan Company has shown impressive growth, reporting a staggering 63% increase in profit, largely driven by a surge in demand for jewellery...
- Samvardhana Motherson shares rally over 7% after Q1 earnings; Motilal Oswal, Nomura weigh inSamvardhana Motherson International shares surged after the company posted record Q1 FY27 revenue of ₹35,244 crore (up 17% YoY) and a 70.1%...
- Crompton Greaves shares crash 7% despite strong Q1 resultsCrompton Greaves Consumer Electricals shares fell to a day's low of ₹250 on Friday, even after posting strong Q1 results a day earlier. The...
- Nazara to raise Rs 733.5 crore via preferential issue to Bluetile, BestPlay leadershipThe fundraise comes just after a leadership change with founder Nitish Mittersain stepping down as chief executive from September 1 while c...
- PNB Housing Finance shares rally 5% after Q1 profit rises 4% YoY, loan assets jump 15%PNB Housing Finance shares gained after the lender reported steady Q1 earnings, supported by loan book expansion, stable asset quality and ...
- Household savings rise to 21.7% of GDP in FY25: GovtHousehold savings increased to 21.7 percent of GDP in 2024-25. Government and RBI measures aim to boost incomes and financial security. RBI...
- Indian economy to hit USD 5-trillion mark in FY29 as per IMF: FMIndia's economic landscape is on a promising trajectory, aiming to exceed five trillion dollars by the fiscal year twenty twenty-nine. To a...
- Man, who refused US job offer earlier, pays over Rs 1 crore income tax, says 'I'm earning for someone else'; sparks debateA man's Rs 1.14 crore income tax payment sparked debate on taxpayer value in India. He chose to stay in India despite overseas job offers t...
- India needs more GST relief to make travel affordable, drive tourism growth: SOTC Travel MDFurther GST rationalization on domestic hotels and restaurants could fuel tourism growth. The government's move to reduce tax collected at ...
- GST collections stay on track, rise 15% in JulyIndia's July GST collections surpassed ₹2.11 lakh crore, showing a 15.4% year-on-year increase. Import GST surged significantly, contributi...
- India's gross GST collections rise 15.4% to Rs 2.11 lakh crore in JulyIndia's GST collections reached Rs 2.11 lakh crore in July 2026, reflecting a 15.4% growth year-on-year. The surge in revenue was largely d...
- Unfazed by West Asia crisis, fiscal deficit within range at 18.2% in Q1The Centre's fiscal deficit reached 18.2% of the full-year target in the first quarter. Higher spending was offset by stronger net tax coll...
- India's Q1 FY27 fiscal deficit widens to Rs 3.1 lakh crore from Rs 2.8 lakh crore a year ago; at 18.2% of full-year targetIndia Q1 FY27 fiscal deficit: The fiscal gap was higher than the Rs 2.8 lakh crore recorded during the April-June period of the previous fi...
- India's growing Rs 100 crore club tells a bigger tax storyMore than five hundred taxpayers disclosed incomes exceeding one hundred crore rupees for the current fiscal year. This growth reflects ris...
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