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TAX REVENUES
Lowering LTCG isn't a magic bulletA reduction in Long-Term Capital Gains (LTCG) tax could uplift sentiment in India's equity market, especially as foreign investors withdraw...- Centre's FY27 fiscal deficit may exceed Budget target by Rs 1.2 lakh crore: SBI ResearchIndia's central government anticipates a fiscal deficit exceeding budget estimates by Rs 1.2 lakh crore in 2026-27. This increase is primar...
- ITC flags illicit trade pressure on cigarettes; digital-first businesses grow over 70%ITC Ltd has reported a significant increase in its digital-first and organic FMCG portfolio, achieving over 70% year-on-year growth. Howeve...
- IPO-bound StockGro's profit jumps 3-fold to Rs 113 cr in FY26 on strong revenue growthIn FY26, StockGro showcased substantial growth, achieving a profit after tax of Rs 112.96 crore while nearly doubling its revenue to Rs 226...
- ITC Q2 Results: Profit falls 18% to Rs 4,229 crore, revenue rises 5%ITC Q2 Results: ITC Ltd reported an 18.5% decline in consolidated net profit for the September quarter on Monday as a sharp fall in earning...
- Wockhardt expands novel antibiotic Miqnaf's access; Q2 revenue rises 24%Wockhardt has expanded its marketing access for Miqnaf in India following the removal of a supply condition. The company's biotechnology se...
- 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...
- GST decriminalisation decisions set benchmark for trust-based governance: CIIThe Confederation of Indian Industry praised the GST Council's recent decisions aimed at decriminalising certain offences. The Council reco...
- ITC Q2 Results Preview: Profit seen falling nearly 30% YoY as cigarette tax hikes biteITC is expected to report a weak Q2, with brokerages forecasting an 8% decline in cigarette volumes and a drop of up to 29% in cigarette op...
- South Korea's Lee vows to make bold AI investment in record budget pushHis administration proposed in September increasing government spending by a record 12.8% next year to 820.9 trillion won ($615.62 billion)...
- 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...
- US green card applications face new tax scrutiny; unpaid dues could affect approval and US citizenshipIn a move affecting green card applications, the US Citizenship and Immigration Services has altered its stance on tax compliance. Unpaid t...
- 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...
- Diageo's India unit searched as state tax officials review Scotch importsUnited Spirits, the Indian subsidiary of Diageo, was searched by Maharashtra tax authorities due to an investigation. The authorities are p...
- India's fiscal deficit for April-September at Rs 7.14 lakh crore, widens to 42.1% of FY27 aimIndia's fiscal deficit for the first six months of the fiscal year reached Rs 7.14 lakh crore. Total receipts during this period equaled Rs...
- Coal India reports 57% rise in net profit to Rs 6,547 crore in Q2Coal India Ltd reported a significant increase in consolidated net profit for the quarter ended September. The company's net profit reached...
- Suzlon Energy Q2 profit up 1.3%, revenue rises 26%Suzlon Energy has announced a 1.3% increase in consolidated net profit for the second quarter of FY27 compared to the previous year. This g...
- Ambuja Cements’ profit slumps 90% on higher costs, high previous-year baseAmbuja Cements reported a 90% year-on-year profit decline to ₹236 crore in Q2 FY27 as rising fuel, logistics and operating costs squeezed m...
- Potential LTCG tax cut could revive FIIs’ India bet, says Jefferies: Which stocks may benefit most?Jefferies sees a potential long-term capital gains tax (LTCG) cut as a possible trigger for foreign investors to return to Indian equities ...
- Why did a family ranch face an estate-tax hurdle over missing signatures? Here's how a paperwork dispute reached a US appeals courtThe case involved the estate of Malcom McAlpine Jr., who had left his interest in a family ranch to three discretionary trusts benefiting h...
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