You Searched For "revenue shortfall" and got 20 results
Sort By:
1 min read
Govt plans to borrow ₹7.5 lakh crore from market in first half of FY25
The Centre is planning to raise Rs 7.5 lakh crore through market borrowing in the April-September p…
PTI
2 mins read
All 28 states and three union territories decided to go for Centre's GST compensation formula
All the 28 states and three union territories with legislature have decided to go for the Centre-su…
1 min read
Rajasthan hikes excise duty on liquor, beer to make up for revenue shortfall
Hurting from the huge revenue losses due to lockdown, the Rajasthan government has increased exc…
1 min read
Pakistani rupee sees highest one-day fall in 20 years
The foreign exchange companies had removed a cap on the Pakistani rupee-dollar exchange rate. This …
ANI
1 min read
Maha proposes ₹547,450 crore budget with huge fiscal, revenue deficits
Maharashtra's Deputy Chief Minister Devendra Fadnavis, who also holds the finance portfolio, presen…
1 min read
Roku plunges 27% as the streaming service flags 'recessionary fears' alongside shortfall in quarterly results and weak outlook
The streaming service said consumers are moderating purchases on discretionary items and advertiser…
Carla Mozée
2 mins read
GST rates may go up for various items to meet revenue shortfall
New Delhi, Dec 11 () With pressure on revenue collection, the goods and services tax (GST) rates an…
PTI
2 mins read
Ukraine says it is exporting power to Europe and can help with countries' energy shortfall after Russia cut gas supply
Russia cut countries' gas supply in response to sanctions over its invasion of Ukraine. Zelenskyy s…
Sophia Ankel
3 mins read
GST Council to meet on Wed amidst talk of rate hike to meet revenue shortfall
New Delhi, Dec 17 () The GST Council will meet on Wednesday to review the taxation structure for sh…
PTI
2 mins read
8th weekly instalment of ₹6,000 crore released to states meet the GST compensation shortfall
Ministry of Finance has released the 8th weekly instalment of ₹6,000 crore to the states to meet th…
5 mins read
How the state and local budget crisis got left behind in the stimulus talks, losing out to $600 checks
As Congressional negotiations get down to the wire, state and local governments are facing serious …
Jake Lahut
1 min read
Rivian sinks 15% after first earnings report since IPO reveals production shortfall
Rivian also confirmed plans to build a new factory in Georgia, which will add to its existing produ…
Jason Ma
2 mins read
Government needs to work on re-establishing trust with states, says former finance minister P Chidambaram
"I welcomed the change of heart," he tweeted and asked the Centre to clarify how the debt of states…
PTI
2 mins read
13 states decide on GST compensation — only Manipur opts for borrowing entire shortfall in one go
Out of the 13, 12 states have opted for the first option, under which the Union government has o…
1 min read
Russia's oil and gas revenue crashed by nearly 50% at the start of 2023, leading to a wider budget deficit as Moscow's spending soars
Russia's deficit widened to nearly $25 billion as lower energy revenue met with a surge in spending…
Carla Mozée
2 mins read
Government allows 20 states to meet GST compensation shortfall through open market borrowing
Even with consensus eluding the GST Council meeting on Monday over adoption of borrowing option to …
2 mins read
India's GST collection has been above ₹1 lakh crore in 10 out of the last 12 months
Most tax experts feel that with the economy on path of recovery and GDP growth in Q1 FY22 also…
5 mins read
Understanding deficits — when spending outpaces revenue for a company or government
Deficits occur when there's a gap between two benchmarks, such as when the government spends more t…
Jake Safane
3 mins read
Nearly half of sports gamblers like those who bet on the World Cup still do it illegally, and it's costing your state millions in tax revenue
Illegal gambling costs the US billions in tax revenue, as half of bettors still take illegal routes…
Jacob Zinkula
3 mins read
Reliance Retail surprises all by more than doubling its net profit in the last three months
Mukesh Ambani’s retail business grew over a fifth and its profit doubled in the last three months, …