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Sitharaman underlines Centre's support to states via timely tax devolution, GST compensation arrears

In her remarks, the Union finance minister underlined the government's support to states through ti…

PTI   


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Centre releases ₹1,39,750 crore to states towards tax devolution for June

The biggest chunk of the fund went to Uttar Pradesh at Rs 25,069.88 crore, followed by Bihar at Rs …

ANI   


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1 min read

FinComm discusses constitution of property tax board in states, fund devolution to RLBs

The meeting also discussed the status on the state-wise devolution of funds to rural local bodies (…

PTI   


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Telangana CM slams BJP, Cong on devolution of funds to states

Talking about other types of funds provided by theCentre, he said the Centre also releases funds t…

PTI   


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Boris Johnson is creating a 'trojan horse' that makes it easier for tax exiles and non-doms to fund UK elections

Proposed changes would make it easier for British citizens who have lived overseas for more than 15…

Henry Dyer   


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Here's the real reason why George Osborne is pushing for devolution in the north

This is good for the Conservatives as it helps them balance their books. However, there is a dange…

Oscar Williams-Grut   


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Sadiq Khan is calling for visitors to be hit by new tourism tax

London is responsible for only a tiny proportion of its taxes compared to other cities around the w…

Adam Bienkov   


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Sadiq Khan wants visitors to London to pay a new tourism tax

London is responsible for only a tiny proportion of its taxes compared to other cities around the w…

Adam Bienkov   


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4 mins read

Enhancing India’s Competitiveness: A New Economic Order in Making

Implicit in the design of such schemes is the fact that the government seems to opt for market-base…

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Fiscal deficit at Jan-end touches 63.6% of full year target: Govt data

The government's fiscal deficit at Rs 11 lakh crore at January end touched 63.6 per cent of the rev…

PTI   


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DMK vows to repeal CAA if INDIA bloc is voted to power

Tamil Nadu's ruling DMK, a key constituent of the INDIA bloc, in its manifesto released on Wednesda…

PTI   


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Various measures taken to reduce debt burden, strengthen economy: FM

To bring down the debt burden, the government has taken various measures like increasing the tax re…

PTI   


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Govt received ₹1,70,501 crore in April as revenue

The government has received ₹1,70,501 crore for April 2023, comprising ₹1,58,901 crore tax revenue,…

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3 mins read

India's fiscal deficit for FY23 estimated at ₹17.5 L crore, FY24 ₹17.95 L crore: SBI

The upcoming Indian budget for 2023-24 will be a challenging one for the government to follow the r…

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3 mins read

Pre-budget meeting: TN for unconditional borrowings of 5 per cent GSDP for FY 2022-23 owing to COVID-19

Chennai, Dec 30 (PTI): With the States incurring huge expenditure to combat the COVID-19 pandemic w…

PTI   


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Indian government's spending and income gap in May stands at 8.2% of annual target

In absolute terms, the fiscal deficit was Rs 1,23,174 crore at end-May 2021. The government e…

PTI   


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FinCom sets up panel on defence and internal security

The options for nominal GDP growth and resource mobilisation, as well as, the downsides and upsides…

PTI   


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India's GST revenue collection reaches new high of over ₹1.23 crore in March

India's gross GST revenue collection reached a new record high of over ₹1.23 lakh crore in March 20…

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1 min read

Govt's total receipts at Rs 12.82 lakh cr in April-Jan

Besides, Rs 5,30,735 crore has been transferred to state governments as 'Devolution of Share of Ta…

PTI   


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GST compensation required by 9 large states could double to Rs 70,000 cr in FY'20: ICRA

The timing of release of such grants by the Government of India (GoI) to these states would critic…

PTI