
Data: Actual Tax Revenues of 15 States including 6 Northeastern states were more than 90% of the estimates between 2017-18 & 2021-22
Budget estimates are an important of planning for various initiatives in the year ahead. A…
Budget estimates are an important of planning for various initiatives in the year ahead. A…
After a major fall in GST collections in 2020-21 on account of the COVID-19 pandemic,…
The issue of tax exemption to ‘Agricultural Income’ has been contentious and debated for decades…
Input Tax Credit (ITC) is an important feature of the Goods & Services Tax regime…
Lower tax revenues from both direct & indirect taxes were anticipated in 2020-21 because of…
As we highlighted earlier, the increase in the share of ‘Cesses & Surcharges’ in centre’s…
The issue of Central Cesses has been a contentious one since the amount collected through…
The Centre’s GST collections increased during July-December’2020 coinciding with unlock phases across the country. The…
Exemptions provided in the income tax act & rules are availed by most salaried employees.…
COVID-19’s impact on economy is now well known. GST collection numbers from March to June…