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TAX MOP UP
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 ...- 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...
- New policy will benefit premium brands, hurt local ones, distillers tell Karnataka CM SiddaramaiahLocal alcohol manufacturers in Karnataka have urged Chief Minister Siddaramaiah to review the proposed liquor tax system, saying it favours...
- India's consumption stands its ground amid Gulf War tremorsWest Asia War: India's economy began the new fiscal year with a powerful surge. GST collections reached a record high in April. Passenger c...
- Net direct tax mop-up hits Rs 19.43 lakh cr, up 9.4%The increase signals continued momentum in tax compliance and economic activity during the ongoing fiscal.
- Net direct tax collections rise 15% to Rs 17.78 lakh crore till Feb 10Net direct tax collection in New Delhi grew 14.69% to over Rs 17.78 lakh crore this fiscal, with personal income tax up 21% to Rs 9.48 lakh...
- India's direct tax mop-up to exceed budget target by 25-30 pc: CBDT headA 25-30 per cent growth in tax collection would take the net direct tax mop-up for current fiscal at Rs 17.75-Rs 18.46 lakh crore. The gros...
- Tax collections soar to record Rs 27.07 lakh crore in FY22Gross tax collection of Rs 27.07 lakh crore during April 2021 to March 2022 compares with budget estimate of Rs 22.17 lakh crore, he told r...
- Rebound in tax mop up, govt's agile fiscal approach makes headroom for more fiscal support: SurveyThe Survey, which is tabled in Parliament a day before the Union Budget, also noted that gross tax revenue during April-November 2021 has g...
- Govt to exceed FY22 tax collection target, direct tax mop-up at Rs 6 lakh crore till Oct: Revenue secretary"Though we have given a lot of relief in indirect taxes in petrol, diesel and edible oil, also there are some sunset that have come in cust...
- Govt may miss tax, disinvestment mop-up targets this fiscal due to coronavirusFor an economy where GDP has already slowed down to an 11-year low, coronavirus has made matters worse.
- I-T refunds of Rs 1.7 lakh cr to hurt FY20 direct tax mop-upRefunds have increased largely due to ease of online return filing and pre-filled form facility along with Aadhaar one-time-password authen...
- FinMin sets Rs 1.1 lakh crore monthly GST collection targetRevenue Secretary Ajay Bhushan Pandey had a video conference meeting with top tax officials and impressed upon them to step up measures to ...
- Fiscal deficit for April-Oct at 102.4%, crosses full year targetThe revenue gap for the April-October period stood at Rs 5.46 lk cr showing the weakness in tax collection.
- Tax collection misses target by a wide margin; inches up 4.7% in April-SeptemberThe lower mop-up reflects the deepening slump in demand and overall growth. In the first quarter the GDP slowed to a six-year low of 5 perc...
- Direct tax mop-up may fall short of Rs 50,000 crore in FY'19, says officialThe target for GST collection was revised downwards to Rs 6.44 lakh crore from the Budget Estimate of Rs 7.44 lakh crore.
- Direct tax collections up 10.67% in 11 months of FY'15Securities Transaction Tax (STT) collection surged by 45.44 per cent at Rs 6,280 crore in the 11-month period due to buoyancy in the stock ...
- Tax mop-up shortfall may touch Rs 75,000crWith direct tax collection figures released for April-November 2012 , revenue department officials fear the shortfall is likely to be upwar...
- Authorities asked to meet tax mop up targets: Pranab MukherjeeThe government has set the target of restricting fiscal deficit in 2011-12 to 4.6% of the GDP, as against the 4.7% level in FY'11.
- Direct tax mop-up zooms 60%Direct tax collections have seen a sharp increase of 60% in the period April 1-July 15, ‘06 at Rs 33,000 crore, with both corporate and per...
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