Patna, April 2 The commercial taxes department of Bihar recorded revenues worth Rs 43,324 crore in the 2025-26 financial year, achieving 93.17 per cent of the target of Rs 46,500 crore, a senior official said on Thursday.The collection was 4.09 per cent higher than the figure in 2024-25, he...
New Delhi, April 2 The government has slightly exceeded its indirect tax collection target for fiscal 2025-26, an official said on Thursday.Total indirect tax collection, which includes customs, excise, and GST, as per the Revised Estimates (RE), was set at over ₹15.52 lakh crore for FY26...
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indirect tax
pan masala cess
tax collection
India’s Fiscal Deficit at 80.4% of FY26 Target by February, Finances Stay on TrackThe Centre’s fiscal position remained stable in FY26, with the fiscal deficit reaching 80.4% of the full-year target by the end of February, according to data released by the Comptroller General of Accounts.In...
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tax collections
Centre’s ₹10 Per Litre Excise Duty Cut on Petrol and Diesel: Consumer Relief and Revenue Impact
New Delhi, March 27 – The government’s decision to cut excise duty on petrol and diesel by ₹10 per litre provides near-term relief to consumers while raising questions about its impact on government...
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west asia conflict
Government Cuts Excise Duty on Petrol, Diesel by ₹10/Litre to Cushion Consumers Amid Crude Oil SurgeNew Delhi, March 27: The government has slashed excise duty on petrol and diesel by ₹10 per litre each to shield consumers from soaring global crude oil prices triggered by escalating tensions...