scorecardresearch
Wednesday, May 22, 2024
TopicDirect tax collection

Topic: direct tax collection

Muted tax collection in Q1 of FY24 widened fiscal deficit, govt focus still on capex

Central govt's capital expenditure has seen strong growth. State finances present an encouraging picture with better tax revenue collections & improved capex spending.

Net direct tax collection rises 18% year-over-year in FY23, announces government

In FY22, the government had collected Rs 14.12 trillion as net direct tax. Personal income and corporate tax make up most of the country's direct tax mop up.

On Camera

Congress is still a sarkari party after 10 years of BJP rule. It’s got no ground game

Successful mobilisation projects require an extraordinary mobiliser and a deeply committed mobilisation infrastructure. In PM Modi, the BJP has had such a mobiliser.

Lower oil prices lead to 4x profits for oil firms, bonanza for govt, but no relief for aam aadmi

Petrol & diesel prices have barely changed since June 2022, even though oil prices have fallen 28% since then. This has boosted profitability of OMCs and dividend payouts to govt.

‘Joint culture needed first’ — CDS Gen Chauhan outlines first steps on the road to theaterisation

ThePrint had reported earlier this month that while theaterisation is the ultimate goal, set to be rolled out one year from now, the focus is on structured jointness initiatives by 2024-end.

Abki baar 90 paar for Congress? Why even 30 more seats will ruffle BJP

Discussion about outcome of Lok Sabha polls continues to boil in cauldron of expectations only from BJP. Now reverse this equation, what if we asked about the performance of the 'loser'?