In the current fiscal year, tax and non-tax revenue collections could take a hit. The projections will need to be recalibrated in light of the uncertain environment.
Assembly passes Himachal Pradesh Land Revenue (Amendment) Bill to strengthen revenue administration & to encourage sustainable land use. Changes not to affect agricultural land owners.
Karnataka’s liabilities have increased from 23.97 percent of GSDP in 2022-23 to 24.91 percent in 2025-26, the state's medium-term fiscal plan has shown.
Trump presented the agreement, the details of which remain unknown, as a way for the US to recoup some of the aid sent to Ukraine over the course of the three-year war.
Delhi has historically been in revenue surplus, but last 2 years have seen a deceleration. Subsidies & cash transfers may escalate the deficit, unless accompanied by a hike in revenues.
Govt has done well to stick to path of fiscal consolidation. It’s unclear if compression of revenue spends net of interest payments is the direction the govt would like to take in coming yrs.
The firm Thursday posted a drop in its net profit to Rs 114.8 crore for the quarter ended 31 March, 2023, against Rs 207.7 crore in the year-ago period.
The total collection for 2022-23 fiscal year stands at Rs 18.10 lakh crore, 22 per cent higher than the previous year. The average gross monthly collection for the year is Rs 1.51 lakh crore.
The IndiGo crisis is nothing short of a threat to India’s stability. Could it be an experiment? Can this happen in any other crucial sector like power or railways?
November exports to the US saw 10% growth from the previous month. Overall, in the first 8 months this fiscal, the merchandise exports to the US touched has touched $59bn.
It is argued that India-Israel ties are moving from buyer–seller dynamic to one focused on joint development & manufacturing partnership, a shift 'more durable' than traditional arms sales.
Don’t blame misfortune. This is colossal incompetence and insensitivity. So bad, heads would have rolled even in the old PSU-era Indian Airlines and Air India.
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