New Delhi, June 18 (IANS) India’s net direct tax collections surged 14.64 per cent (year-on-year) to Rs 5.21 lakh crore in the April 1-June 17 period this fiscal (FY27), according to data released by the Income Tax Department on Thursday.Net direct tax collections stood at Rs 5.21 lakh crore as on June 17, compared with rs 4.5 trillion collected during the corresponding period of FY26.In the meantime, gross direct tax collections increased 12.46 per cent to Rs 6.1 lakh crore from Rs 5.4 lakh c…
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Thiruvananthapuram, June 12 (IANS) With Kerala staring at a public debt burden exceeding Rs 5 lakh crore and the new UDF government preparing to present its maiden Budget on June 19, a veteran public finance expert has suggested an alternative path to shore up state revenues,without imposing fresh taxes or burdening citizens with higher fees.In a chat with IANS, Dr Biju Jacob, a former Principal Accountant General of Kerala and former Director General in the Comptroller and Auditor General (CAG)…
New Delhi, June 11 (IANS) Himachal Pradesh Chief Minister Sukhvinder Sukhu on Thursday urged Prime Minister Narendra Modi to constitute a high-level committee for hill states to assess the losses incurred on account of discontinuation of the Revenue Deficit Grant (RDG), damages due to natural disasters, deprivation of free power in hydropower projects and revenue losses due to the GST regime. Speaking at the 11th Governing Council Meeting of NITI Aayog here, Sukhu said the state is contributing …
New Delhi, June 11 (IANS) India’s GDP growth is pegged at 6.6 per cent for the financial year 2026-27, which is above the country’s decadal growth average, and will enable the country to retain its tag as the world’s fastest-growing economy amid the adverse impact triggered by the West Asia crisis, according to a forecast by Fitch Group company BMI.BMI’s projection is in line with RBI’s 6.6 per cent growth estimates for 2026-27. India clocked a robust growth rate of 7.7 per cent in 2025-26 des…
Chandigarh, June 10 (IANS) Punjab BJP President Kewal Singh Dhillon on Wednesday said India has emerged as a global leader in digital transactions under the leadership of Prime Minister Narendra Modi. Marking PM Modi’s completion of 12 years of service to the nation, Dhillon paid obeisance at a gurdwara and offered prayers for the continued well-being, prosperity and success of the Prime Minister, the country, Punjab and the Bharatiya Janata Party (BJP).On the occasion, he offered an ardas (pr…
New Delhi, June 10 (IANS) The National Democratic Alliance (NDA), in its resolution marking 12 years of the Narendra Modi-led Union government, has highlighted comprehensive assessment of governance achievements, political expansion, and national transformation. Following are the top ten takeaways from the resolution that was adopted at the NDA meeting on Wednesday.1. Record-breaking leadership milestoneThe resolution said that Narendra Modi has become the longest-serving democratically elected …
Bhopal, June 9 (IANS) As Prime Minister Narendra Modi completes 12 years in office, Madhya Pradesh Chief Minister Mohan Yadav has extended heartfelt tributes, describing the national leader’s tenure as a dedicated journey of selfless service towards building a developed India.In a message posted on his X handle, CM Yadav highlighted PM Modi’s commitment to the nation, positioning him not merely as the Prime Minister but as a ‘Pradhan Sevak’ who places the welfare of 140 crore Indians above all e…
New Delhi, June 8 (IANS) Prime Minister Narendra Modi-led National Democratic Alliance (NDA) government will achieve a milestone on Tuesday, marking 12 years of uninterrupted rule in its third consecutive term, celebrating another year defined by ambitious welfare programmes, economic resilience, and India’s strengthened global stature.“Over the last 12 years, India has witnessed many transformations and at the core of these changes is the welfare of the poor and downtrodden. We have always be…
New Delhi, June 5 (IANS) BJP leader Amit Malviya took a dig at Congress leader Rahul Gandhi, citing the high GDP growth figure for the Indian economy released on Friday as a “tsunami” that has “washed away” the Opposition leader’s “latest sinister attempt to malign India.” The latest GDP data shows India growing at 7.7 per cent in FY 2025–26 is the fastest among major economies. Quarter after quarter, India held firm with a 6.7 per cent growth in Q1, 8.4 per cent growth in Q2, 7….
Kochi, June 5 (IANS) Bharatiya Janata Party (BJP) leader Shone George on Friday welcomed the Kerala High Court’s decision allowing the Enforcement Directorate (ED) investigation into the alleged monthly payment case involving Cochin Minerals and Rutile Limited (CMRL), saying the court judgment proved that the Indian legal system could not be bought. The case pertains to alleged illegal gratification received by Veena Vijayan’s IT firm Exalogic from CMRL. Veena Vijayan is the daughter of former C…