Fiscal Performance News - Latest Updates & Headlines
India's net direct tax collection up over 6 pc to Rs 11.89 lakh crore till Oct 12
New Delhi, Oct 13: The Income Tax (I-T) Department on Monday released data on gross direct tax collections, refunds and net direct tax collections for FY 2025-26, saying India's net direct tax revenue climbed 6.33 per cent to over Rs 11.89 lakh crore in the current fiscal year (till October 12).
India's economy stays resilient in April-September over robust consumption, investments
New Delhi, Oct 2: India's economy remained resilient in April-September of FY 2025-26, supported by robust consumption, investments, and government spending, as inflation stayed below projections, aided by favourable food prices and GST reforms.
SBI pays Rs 8,077 crore as dividend to govt for FY 2024-25
New Delhi, June 9: Union Finance Minister Nirmala Sitharaman on Monday received a dividend cheque of Rs 8,076.84 crore on behalf of the government from the State Bank of India (SBI) for the financial year 2024-25.
West Bengal achieves 11.43% GST collection growth in 2024-25, outperforming national-level: CM Mamata Banerjee
Kolkata, April 6: West Bengal Chief Minister Mamata Banerjee announced on Sunday that the state achieved a growth of 11.43 per cent in GST collection for the financial year 2024-25, two per cent higher than the national level.
Haryana's tax collection outperforms national growth rate, sets record
Chandigarh, April 4: Haryana has reached a significant milestone in the collection of State Goods and Services Tax (SGST), outperforming the national growth rate and setting a record in 2024-25, Excise and Taxation Commissioner Vinay Pratap Singh said on Friday.