Direct Tax Receipts
Robust revenue gives lever to new Delhi govt; surplus status may take a hit
The state has strong tax receipts, with its own tax revenues now constituting 90 per cent of its revenue receipts
 "Robust revenue gives lever to new Delhi govt; surplus status may take a hit")
Budget 2024: Where does the Centre receive money from, where does it go?
Interim Budget: It always interests the common man to know where the government gets its money from and where it spends it, here's what the Budget document says
 "Budget 2024: Where does the Centre receive money from, where does it go?")
Fiscal deficit for Apr-Nov narrows to 50.7% at Rs 9.07 trillion: Govt
Earlier this month, finance minister for state Bhagwat Karad said that the Centre was confident of meeting the fiscal deficit target of 5.9% in FY24
 "Fiscal deficit for Apr-Nov narrows to 50.7% at Rs 9.07 trillion: Govt")
Major tax collections, barring personal income tax, decline in October
Centre's fiscal deficit till October at 45% of budget estimates, bit lower than last year's
 "Major tax collections, barring personal income tax, decline in October")
India's total tax receipts likely to exceed Budget Estimate in FY24
Monthly GST mop-up in FY25 could be Rs 1.7-1.8 trillion
 "India's total tax receipts likely to exceed Budget Estimate in FY24")
April-February net tax revenue at Rs 17.32 trn, says government data
The government's non-debt capital receipts consisted of recovery of loans of Rs 20,229 crore and miscellaneous capital receipts of Rs 38,671 crore
 "April-February net tax revenue at Rs 17.32 trn, says government data")
Direct tax mop-up beats the revised estimates at Rs 13.6 trillion
Up more than Rs 1 trn over RE for FY22, to help govt rein in fiscal deficit at 6.9%
 "Direct tax mop-up beats the revised estimates at Rs 13.6 trillion")
India's April-Feb fiscal deficit at 76% of revised FY target: Govt data
Govt's total receipts during April-February stood at Rs 14,13,096 cr or 88.2% of the revised estimates presented in the Budget on Feb 1
 "India's April-Feb fiscal deficit at 76% of revised FY target: Govt data")
India's April-Aug fiscal deficit passes 109% of full year budget target
The deficit is predicted to exceed 8% of GDP in the 2020/21 fiscal year that began in April, economists said.
 "India's April-Aug fiscal deficit passes 109% of full year budget target")
Top Headlines: PM Modi woos US investors, relief for Voda Idea and more
Here are the top business headlines on Thursday morning
 "Top Headlines: PM Modi woos US investors, relief for Voda Idea and more")
Govt's total receipts at Rs 12.82 trn in Apr-Jan; spending at Rs 22.68 trn
The Government of India has received Rs 12,82,857 crore up to January 2020, an official statement said
 "Govt's total receipts at Rs 12.82 trn in Apr-Jan; spending at Rs 22.68 trn")
FM talks 'Vivad Se Vishwas' scheme with industry representatives
With over Rs 9 trillion worth direct taxes locked up in litigation, the government last week introduced 'Direct Tax Vivad se Vishwas Bill, 2020' in the Lok Sabha
 "FM talks 'Vivad Se Vishwas' scheme with industry representatives")
GST, VAT collection dips as 6 states' tax revenue till November FY20 falls
On the other hand, tax revenues rose 13.44 per cent for West Bengal in this period
 "GST, VAT collection dips as 6 states' tax revenue till November FY20 falls")
I-T department seeks Rs 1-trillion cut in direct tax mop-up target
The reduced growth is largely because of consumption slowdown and tax rate cuts
 "I-T department seeks Rs 1-trillion cut in direct tax mop-up target")
Direct tax receipts may be a spoiler for fiscal maths
Advance tax collections growth slows to 11% in H1FY18
 "Direct tax receipts may be a spoiler for fiscal maths")
