Page 2 - Latest Updates on Non-Tax Revenue
Govt collects Rs 84,023 cr non-tax revenue in FY21 so far: Anurag Thakur
The central government has so far collected non-tax revenue of Rs 84,023.78 crore during the ongoing financial year, Minister of State for Finance Anurag Singh Thakur said on Sunday.
 "Govt collects Rs 84,023 cr non-tax revenue in FY21 so far: Anurag Thakur")
Govt likely to face shortfall of Rs 10 trn due to coronavirus: Subhash Garg
Elaborating on the fiscal situation, the former finance secretary said that indirect taxes, GST, excise duty on petroleum products and customs will under-perform
 "Govt likely to face shortfall of Rs 10 trn due to coronavirus: Subhash Garg")
AGR dues paid by telcos to reflect in FY20 revenue receipts: Report
Officials said the amount was not much to have any bearing on the fiscal position
 "AGR dues paid by telcos to reflect in FY20 revenue receipts: Report")
Budget 2020: How will Sitharaman pull off Rs 2.1-trn disinvestment miracle?
The government has promised to raise Rs 120,000 crore via disinvestment, and an additional Rs 90,000 crore from sale of government equity in public-sector banks and financial institutions, in 2020-21
 "Budget 2020: How will Sitharaman pull off Rs 2.1-trn disinvestment miracle?")
How non-tax revenue brought some comfort for govt in difficult times
The Budget estimated Rs 1.06 trillion to come from dividends from RBI, public sector banks and financial institutions in the current financial year
 "How non-tax revenue brought some comfort for govt in difficult times")
Budgetary over-reach: There is a price for trying to do too much in Budgets
The larger economy suffers more than the central govt, as New Delhi is allowed to get away with behaving arbitrarily and then hiding the reality behind bogus numbers, writes T N Ninan
Govt may set Rs 1 trillion disinvestment target in Budget for FY21
"The government is likely to bring down their stake in certain public sector undertakings (PSUs) to below 51 per cent"
 "Govt may set Rs 1 trillion disinvestment target in Budget for FY21")
GDP to grow by 5.5% in FY21 but downside risks persists: India Ratings
The government has announced a slew of measures recently to prop-up the economy, but Ind-Ra believes they will come to aid only in the medium term
 "GDP to grow by 5.5% in FY21 but downside risks persists: India Ratings")
Can Budget find ways to tackle tax disputes? India Inc is waiting
A robust dispute settlement system would help the government unlock tax revenues, and also aid ease of doing business
 "Can Budget find ways to tackle tax disputes? India Inc is waiting")
Budget 2020: Why govt must look beyond taxes, do more with its money
Though non-tax revenues, including borrowings, account for 40% of the Budget, there seems to be little focus on boosting these or reducing borrowings by saving on expenditure, writes T N Ninan
A real Budget, please: This one has to confront severe resource restraints
In Budget 2020 speech, the FM should state how she intends to return to the 7% track, and the hard decisions she will take to adjust to the realities of a slowing economy, writes T N Ninan
Fiscal deficit may slip to 3.5-3.8% in FY20; govt set to miss 3.3% target
The FRBM Act, after its amendment in 2018, allows a fiscal deficit slippage of not more than 0.5% for any given year, provided there are justifications
 "Fiscal deficit may slip to 3.5-3.8% in FY20; govt set to miss 3.3% target")
Revenue worry in poll year as PSU dividends, spectrum sale disappoint
Compared to the earlier expectation when that year's Budget was presented, the fall was worse - 33% down from the Rs 2.9 trillion estimated then
 "Revenue worry in poll year as PSU dividends, spectrum sale disappoint")
