New Delhi, March 18 (IANS) Net direct tax collections went up 7.19 per cent (on-year) to Rs 22.80 lakh crore (up to March 17), according to the latest provisional data released by the Income Tax Department on Wednesday.It includes net corporate tax of Rs 10.91 lakh crore, non-corporate tax of Rs 11.32 lakh crore and securities transaction tax (STT) of Rs 55,717 crore, the data showed.STT collections increased to nearly Rs 55,717 crore from Rs 53,095 crore a year ago, while other taxes dropped to…
Latest Budget News & Updates
Imphal, March 9 (IANS) Manipur Chief Minister Yumnam Khemchand Singh, while presenting the state Budget for the financial year 2026-27 in the Assembly on Monday, announced a new scheme aimed at the economic empowerment of women through Self Help Groups (SHGs), which is expected to benefit around 3.5 lakh women across the state. Presenting the Budget during the ongoing seventh session of the Assembly, the Chief Minister said the new scheme seeks to strengthen women-led SHGs and enhance financial …
Chandigarh, March 8 (IANS) Hours ahead of presenting proposals for the AAP government’s last and fifth Budget in the Assembly, Punjab Chief Minister Bhagwant Mann on Sunday extended greetings to mark International Women’s Day, and promised to make them self-reliant in every way.“I salute every daughter and sister who, through their hard work and courage, is bringing glory to Punjab’s name worldwide,” CM Mann wrote on X.“Punjab’s progress is only possible by walking shoulder to should…
Chandigarh, March 6 (IANS) BJP National General Secretary Tarun Chugh on Friday demanded that the AAP-led Punjab government should first account for the promises made in last year’s state Budget before presenting a new Budget on March 8.Chugh said the AAP government has repeatedly made tall claims in its Budgets, but the reality is that most of the major projects announced last year have not seen any progress on the ground.He said that the Bhagwant Mann government had announced a Drug Census w…
New Delhi/Bengaluru, March 6 (IANS) Union Minister for Food, Consumer Affairs and Public Distribution Pralhad Joshi has criticised the 17th Budget presented by Chief Minister Siddaramaiah, stating that its only distinction is its large size of Rs 4.48 lakh crore while also setting records in terms of rising state debt and fiscal deficit, and appearing to be driven by “vote bank” considerations.Reacting to the Karnataka government’s Budget for 2026–27, Joshi said on Friday that instead of…
Agartala, Feb 28 (IANS) The budget session of the Tripura Assembly will commence on March 13, with Governor Indrasena Reddy Nallu scheduled to address the House on the opening day, officials said on Saturday. A senior Assembly official said that the Governor’s address would mark the beginning of the ninth session of the 13th Tripura Assembly. The detailed schedule and business of the upcoming session will be finalised at a meeting of the Business Advisory Committee on March 6.Reports indicate …
Jaipur, Feb 27 (IANS) The Rajasthan Assembly is set to pass the state Budget for the financial year 2026–27 on Friday evening, with several fresh announcements expected during the concluding debate.The Appropriation Bill will be taken up for discussion after Zero Hour and debated throughout the day in the Assembly.Chief Minister Bhajan Lal Sharma will reply to the Budget debate at 5 pm, following an address by Leader of the Opposition Tika Ram Jully.During his reply, Chief Minister Bhajan Lal …
Mumbai, Feb 26 (IANS) India has 30 high-potential industrial and warehousing hotspots, driven by infrastructure expansion, manufacturing growth and policy push, according to a new report released on Thursday.Eight out of 30 high-potential cities are already established markets, as Colliers identified 22 additional emerging and nascent hubs.It identified multiple high-potential cities based on industrial hubs identified by the government and an in-house analytical framework built around five key …
Ranchi, Feb 24 (IANS) Jharkhand Finance Minister Radha Krishna Kishore on Tuesday presented a Rs 1,58,560 crore Budget for 2026-27 in the Assembly. He described it as the “Abua Dishom Budget” which will carry forward inclusive, sustainable, and welfare-oriented development in the state.Calling it a roadmap for “Abua Jharkhand” (Our Jharkhand), the Finance Minister said the Budget reflects the government’s resolve to wipe the tears of the poor and bring smiles to every citizen.The Budge…
Gandhinagar, Feb 18 (IANS) Gujarat’s Budget for 2026–27 has been set at Rs 4.08 lakh crore, reflecting a 10.2 per cent increase over the previous year, with 65 per cent of the total expenditure earmarked for developmental spending.The Budget was presented in the Legislative Assembly by Finance Minister Kanu Desai.Reacting to the Budget, Chief Minister Bhupendra Patel said it advances the state’s growth trajectory without introducing any new taxes.“This Budget takes forward the state’s …