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Friday, September 5, 2025
TopicTax collections

Topic: Tax collections

Modi govt disinvesting in PSUs crucial but here’s why privatisation is easier said than done

Modi government's disinvestment decision is already facing stiff opposition from employees of BPCL, Container Corporation of India, and even the Swadeshi lobby.

Income Tax dept to seek Rs 1 trillion cut in tax collection targets

The government set a tax collection target of Rs 13.8 lakh crore during the interim budget in February, which was revised to Rs 13.35 lakh crore when budget was presented in July.

Siddhartha ‘suicide’: Economic slowdown & tax terror creating dread among Indian businesses?

Cafe Coffee Day founder V.G. Siddhartha’s body was found Wednesday near Mangaluru, 30 hours after he went missing Monday evening.

Modi govt overestimated nominal GDP, tax buoyancy. Result — huge tax collection shortfall

India’s tax shortfall for fiscal 2019 is estimated at Rs 1.5 lakh crore, despite the absence of any macroeconomic shocks.

Modi govt unlikely to meet fiscal deficit target as tax collections fall short

Direct tax collections are estimated at around Rs 11.25 lakh crore against a target of Rs 12 lakh crore.

Modi govt set to fall short of 2018-19 direct tax target of Rs 12 lakh crore by a distance

Modi government has transferred several tax officials due to poor performance, says a senior finance ministry official.

Tax collection in Jammu and Kashmir up 19.3% despite political turbulence

Direct tax collection in Jammu and Kashmir stood at Rs 1,302.60 crore in financial year 2018, up from Rs 1,091 crore from a year ago.

Indian tax revenues fail to meet targets five months in a row, raise doubts on borrowing plan

Traders say the gap between the target and actual collection may undermine the government’s plan to cut its borrowing for the year by 700 billion Rs.

On Camera

Giorgio Armani brought a feminine touch to men’s tailoring — and taught them how to suit up

Armani built a multibillion-dollar global brand from something as simple as an unstructured jacket, and broke down the walls between formal and casual.

GST 2.0: India streamlines indirect tax regime amid Trump tariffs & what it means for consumers

Goods and Services Tax Council paves way for a broad two-slab structure of 5% and 18% with a demerit rate of 40% for super luxury and 'sin' goods.

HAL team to visit US this month for talks on joint production of GE 414 engines

The engines are meant for Tejas Mk 2 and the first tranche of Advanced Medium Combat Aircraft (AMCA).

For Indian Mercedes, Asim Munir’s dumper truck in mirror is closer than it appears

From Munir’s point of view, a few bumps here and there is par for the course. He isn’t going to drive his dumper truck to its doom. He wants to use it as a weapon.