government revenue

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    Bihar Records Rs 43,324 Cr in Commercial Taxes Revenue

    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...
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    Govt Exceeds Indirect Tax Collection Estimates

    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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    India’s Fiscal Deficit at 80.4% of FY26 Target by February, Finances Stay on Track

    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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    India's Fuel Taxes: SEZ Export Duty Clarity Critical for Reliance

    India’s Fuel Duty Overhaul: Impact on Reliance SEZ Exports and Refining Margins Uncertainty Over SEZ Export Tax Following India’s fuel duty changes effective March 26, significant uncertainty remains regarding whether Reliance Industries’ SEZ refinery exports will continue to enjoy exemptions...
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    Fuel Tax Cut: Impact on Consumers and Government Revenue

    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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    Fuel Cuts and Renewed Export Taxes: A Look at India’s Response to Oil Price Hikes

    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...
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