On the expenditure side, the outlay for interest payments and states' share of taxes and duties, respectively, stood at 20 ...

India’s tax collections rise 9%, says Ravi Agrawal of CBDT, reflecting improved compliance and effective administration.

Budget 2026: Experts weigh in on potential impacts from tax adjustments and government spending. While hopes for significant ...

NEW DELHI: Gross direct tax collections in the current financial year up to January 11 have seen a 4.14% annualised growth to about ₹21.5 lakh crore, driven by higher corporate tax revenues, according ...

TDS deductions on gross receipts severely strain working capital in sectors like real estate, infrastructure, and BPO, where ...

As the IRS moves toward digital-only payments under a Trump-era executive order, taxpayers should expect changes in how ...

India's Central Government has demonstrated remarkable fiscal resilience with revenue receipts witnessing substantial ...

The reduction in LPG cylinder prices from today has brought much-needed relief to domestic consumers across the country.

The Tribunal confirmed that licence fees for use of immovable property fall under house property income. It emphasized that once included in computation, the same amount cannot be added ...

A Finance Bill is a Money Bill as defined in Article 110 of the Constitution. Among the laws that are commonly sought to be ...

The High Court directed provisional release of seized imported copiers by following its earlier orders in identical matters.

On the expenditure side, states' share of taxes and duties takes the biggest slice at 22 paise, while interest payments account for 20 paise.