News WrapGet Handpicked Stories from our editors directly to your mailbox

India revenue

Farm-loan waivers to hit states fiscal deficit targets: Report

India Ratings expects the states' revenue account on aggregate to clock a deficit of 0.5 percent of GDP in FY20 due to a higher growth in revenue spends than revenue receipt.

Jan 22, 2019, 12:21 PM IST

RBI redefines "networth" under Payment Act

The Reserve Bank today changed the definition of "networth" for entities authorised under the Payment and Settlement Systems Act.

Jan 16, 2015, 23:04 PM IST

FinMin will now focus on GST: Jaitley

The GST will subsume indirect taxes like excise duty and service tax at the central level and VAT on the states front, besides local levies.

Aug 14, 2014, 22:08 PM IST

States will be brought on board before adopting GST: Jaitley

The Centre has said interests of the states will be fully taken care of while finalising the structure for Goods and Services Tax (GST).

Aug 13, 2014, 23:59 PM IST

India's 2014/15 indirect tax target is tough: Revenue Secretary

The government faces "a challenge" in achieving the budgeted indirect tax target in the current fiscal year, the revenue secretary said on Monday.

Jul 14, 2014, 11:32 AM IST

Facebook seeks India revenue boost with missed call ads

The ads are part of Facebook’s effort to bolster its business in countries such as Brazil, India and Indonesia.

Jul 02, 2014, 13:12 PM IST

Rs 63,000 cr unrealised tax revenue: CAG calls for close review

The CAG while giving out this figure called for close monitoring of the process of review of call book items.

Sep 11, 2013, 16:00 PM IST