Topic: Revenue
YouGov report on Disposable Income
YouGov is an international data analytics firm. It is based in the UK. The org recently released a report on disposable income. The income that remains with the...
GST revenue up 28% year-on-year in August
The Gross GST Revenue collected in the month of August 2022 is ₹ 1,43,612 crore which is 28% higher than the GST revenue of ₹ 1,12,020 crore in...
Post Devolution Revenue Deficit (PDRD) Grant
The Central Government recently released 9,871 crores of rupees as Post Devolution Revenue Deficit (PDRD) grant. The grant was provided to 17 states. The grant was released by...
RBI report on State Finances: A Study of Budgets of 2021 – 22
The Reserve Bank of India recently released its report on “State Finances: A Study of Budgets of 2021 – 22”. According to the report, the combined debt –...
“Special Corona Fee” imposed on Liquor by Delhi Government
On May 4, 2020, the third phase of lock down began in India. Under the third phase, the liquor shops were opened in selected regions with certain restrictions....
United Nations: India and China likely to stay away from Global Recessions
The United Nations Conference on Trade and Development (UNCTAD) made a new analysis under the title “The COVID-19 Shock to Developing Countries”. Highlights The analysis says that leading...
GoI notifies rules for Vivad Se Vishwas Scheme
On March 19, 2020, Govenrment of India has notified rules to avail full benefit of direct tax dispute resolution under the Vivad Se Vishwas Scheme. Highlights Currently, there...
Corona Virus: GoI halts three crucial policies as revenues shrink
As the outbreak of corona virus has hit revenue collection, the Government of India has dropped three crucial policies. Highlights The revenue collection for the fiscal year 2019-20...
Fiscal Deficit of GoI touched 132% of full year target
On January 31, 2020, the Controller General of Accounts (CGA) released data on fiscal deficit of Government of India. According to the report, the fiscal deficit of India...
Stamps released to commemorate contribution of Directorate of Revenue Intelligence
On December 26, 2019, Union Finance Minister Smt. Nirmala Sitaraman released postage stamps to commemorate the services of Directorate of Revenue Intelligence (DRI) in order to protect the...
GST Revenue Collection Report for November 2019
According to a report published by the Ministry of Finance, Gross Goods and Services Tax(GST) revenue collected in November was Rs 1,03,492 crore out of which Central GST...
