scorecardresearch
Friday, May 10, 2024
TopicTax collections

Topic: Tax collections

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

US campus protests shows up Western media hypocrisy. Compare how they covered JNU stir

To understand the depth of bias against India or the lack of understanding of ground reality in India, one only needs to examine the headlines from Western media covering the protests in colleges of both countries.

Day after mass sick leave by employees, Air India Express fires crew members, cancels 85 more flights

About 300 employees had called in sick Wednesday, allegedly in protest against mismanagement of airlines. Remaining staff given ultimatum to rejoin work by end of Thursday.

Three Indian Navy ships deployed to South China Sea

Deployment comes at a time when Yuan Wang 03, a Chinese missile and satellite tracking vessel, has entered Indian Ocean Region.

Frontrunner is letting the challenger define this poll campaign. Modi still hasn’t found a big theme

A theme has not yet emerged for BJP & people see lack of a contest, which makes it unexciting. For all these reasons, 2024 is turning out to be an unexpectedly theme-less election.