Share of Cesses & Surcharges in Gross Tax Revenue Falls to 14.5% in 2023-24, But Still Much Higher Than in 2011-12
TL;DRThe share of cesses and surcharges in the Union Government’s tax revenue has seen a…
Browsing: cess and tax
Data: Taxes on Tobacco & Related Products Made up 2.2% of India’s Gross Tax Revenue in 2023–24
Tobacco plays a significant role in India, not just in people’s lives, but in the…
Data: Share of Cesses & Surcharges in Gross Tax Revenue Falls to 14.5% in 2023-24, Down from The High of 20.2% in 2020-21
The increasing share of cesses & surcharges in the gross tax revenue of the Government…
Data: As of 2023-24, more than 90% of The Unrealized Tax Revenue is Corporation & Income Tax Related
Data from the budget documents indicates that a significant portion of taxes remain locked in…
Data: Excise Duty on Petrol & Diesel come to the rescue to Union Tax revenues in 2020-21
Lower tax revenues from both direct & indirect taxes were anticipated in 2020-21 because of…
Data: Utilization of ‘Cesses & Surcharges’ for the intended purpose remains a concern
As we highlighted earlier, the increase in the share of ‘Cesses & Surcharges’ in centre’s…
Here is how archaic Tax rule negatively affects salaried employees in cities like Bengaluru & Hyderabad
Exemptions provided in the income tax act & rules are availed by most salaried employees.…
Granular data on all Central transfers to States is not readily available in the public domain
Every year after budget, complaints of favouritism to certain states either poll-bound or otherwise are…
Government confirms in Parliament that it repaid Oil Bonds worth only ₹ 3500 crore
The BJP’s official twitter handle posted an infographic in September 2018 which said that the…
PPAC confirms that the Modi government repaid Oil Bonds worth only ₹ 3500 crore
BJP’s official twitter handle posted an infographic which said that the current government repaid more…
