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…
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…
The recent remarks of the finance secretary that the central government may not be able…
The National Anti-Profiteering Authority was set up to ensure that the benefits of GST rate…
A major part of state government’s budgetary resources come from State’s Own Tax Revenue (SOTR).…
In addition to devolution of central tax revenue and grants-in-aid, states generate a major share…
During her budget speech for 2020-21, the finance minister made multiple claims related to reduced…