Page 3 - Tax Collections

Govt's worry on corporation tax revenue front may worsen in coming years

Concern over a falling share of corporation tax revenue may get worse

Wave of disruption

New Covid cases could threaten the fragile economic recovery

Best of BS Opinion: Legality versus morality, rising Covid-19 cases & more

Here's a selection of Business Standard opinion pieces for the day

Renewed risks to recovery

Rising Covid cases could reverse recent gains

Personal I-T revenue now equals all other direct taxes: That's a problem

Until the 1950s taxes on output contributed more to government revenue than those on incomes of people and businesses. But since then the balance has gradually been reversed

Tax worries roil indices ahead of Budget; Sensex down 5% from peak

YTD returns turn negative

Budget 2021: Govt stares at revenue shortfall of Rs 7 trn this fiscal year

Revenue from disinvestment has been Rs 17,958 crore this financial year, against a target of Rs 2.10 trillion

How key economic estimates are likely to pan out in Budget 2021-22

Business Standard presents two scenarios on revenues, expenditure and fiscal deficit, based on two different assumptions of the country's GDP the next financial year

Best of BS Opinion: The trust deficit, cleaning up taxes, and more

Here's a selection of Business Standard opinion pieces for the day

Cleaning up taxes

Govt must seize opportunity to reform holes in tax system

Securities transaction tax collection increases 42% despite Covid-19 crisis

Tax payouts from mutual fund unit holders shoot up by 84%

Advance tax collection zooms nearly 33% to Rs 1.41 trillion in Dec quarter

Corporation advance tax jumps 50% in Q3

Net direct tax collections decline 31% in April-August FY21

The net direct tax collection in April-Augustwas 31.1 per cent lower on year-on-yearbasis at over Rs 1.92 trill, according to data provided by Minister of State for Finance Anurag Thakur in Lok Sabha

Google tax contributes merely 1% of direct tax kitty in major cities

Bengaluru, Hyderabad top the collections, Mumbai and Delhi together mop up a mere Rs 87 crore

Tax mop-up from metros sees double-digit decline; Kolkata worst-hit city

Numbers pose challenges to Centre's Rs 13.2-trn target

Fiscal deficit at 83.2% of budget estimates in Q1 on poor tax collection

Fiscal deficit during the corresponding period of last year was 61.4 per cent of the budget estimates

Tax mop up in Q1 'very encouraging', shows economic recovery: Finance Secy

Income tax collection, by way of advance tax and TDS, in the April-June quarter was about 80 per cent of what was collected in the same period last year

Economic activity reviving; GST collections good sign: CBDT chief Mody

He tells Dilasha Seth, in an interview, that 58,000 cases will be assessed through the faceless mechanism by October.

Covid-19 impact: Aviation, automobile sectors see worst tax outgo in Q1

Maruti Suzuki, Bajaj Auto, and Hero MotoCorp's tax collections were down 60-85 per cent.

Google tax collections remain muted in Q1, mop-up drops 30% to Rs 216 cr

The yield declined 30 per cent after the first instalment deadline ended on Tuesday, compared to the same period last year, revealed preliminary collection figures