Latest Revenue Generation News & Updates

Chennai, July 25 (IANS) The Tamil Nadu Public Works Department (PWD) is preparing an ambitious plan to restore, preserve and commercially utilise hundreds of heritage buildings across the State in an effort to safeguard their architectural legacy while ensuring their long-term maintenance through sustainable revenue generation.According to officials, Tamil Nadu has 264 heritage structures under the control of the Public Works Department. These buildings date back to the reigns of various dynasti…

Bhopal, July 7 (IANS) Animesh Bhargave, one of the two Hindu members in the recently reconstituted Waqf Board committee of Madhya Pradesh, outlined his priorities while defending his appointment as an ‘inclusive’ move and one aimed at bringing more transparency in the board’s functioning. Speaking to IANS, Bhargave said that the ten-member Board’s foremost priority was to increase the efficiency of Waqf board properties, prevent income leakages, and transfer benefits to the disadvantaged…

Chandigarh, July 6 (IANS) Punjab Bharatiya Janata Party (BJP) President Kewal Singh Dhillon on Monday slammed the Aam Aadmi Party (AAP) government in the state, alleging that Arvind Kejriwal’s election promise of generating Rs 20,000 crore revenue from sand and gravel mining has proved to be completely false. Dhillon said despite four and a half years in power, the government has neither curbed illegal mining nor strengthened the state exchequer. He pointed out that in 2025-26, despite all its e…

New Delhi, June 26 (IANS) Pakistan’s central government debt has climbed to a record Rs 81.93 trillion after rising by Rs 1.4 trillion in April alone, underscoring mounting fiscal pressures and the country’s continued dependence on borrowing to finance its expenditure, according to a report.The report published in Business Recorder said the latest debt figures reflect deep-rooted structural weaknesses in Pakistan’s public finances despite repeated warnings over fiscal sustainability and rising d…

Kolkata, June 24 (IANS) Plugging loopholes in tax collection is key to achieving the target set by the Suvendu Adhikari government to improve West Bengal’s own tax revenue generation without burdening the people with higher slabs. An insider from the state finance department said that while many sections are claiming that the budget proposals for the financial year 2026-27 which was presented by the state finance minister, Swapan Dasgupta, lacked specific directions as regarding to improving the…

New Delhi, April 7 (IANS) Large-scale tax evasion in Pakistan’s tobacco sector, resulting in estimated annual losses of over Rs 300 billion, has emerged as a major concern amid the country’s worsening fiscal stress, according to a local media report.The report by The Express Tribune highlighted that the illicit cigarette trade continues to significantly erode government revenues, even as authorities struggle to meet tax targets and manage a widening budget deficit.Pakistan’s fiscal position has …

Bengaluru, March 27 (IANS) Karnataka Chief Minister Siddaramaiah, Deputy Chief Minister D.K. Shivakumar, and AICC General Secretary Randeep Singh Surjewala on Friday launched a sharp attack on the Union government, alleging large-scale “loot” through taxation on petrol and diesel over the past 11 years.Addressing a joint press conference at the KPCC office in Bengaluru, Randeep Singh Surjewala charged that the Centre had collected Rs 43 lakh crore from taxes on petrol and diesel since 2014, …

New Delhi, Feb 2 (IANS) Finance Minister Nirmala Sitharaman on Monday said that the government is set to introduce the Insolvency and Bankruptcy Code (IBC) Amendment Bill in the second half of the Budget session, beginning March 9.Addressing a press briefing, a day after presenting the historic reform-oriented Budget 2026-27, she said that the pace and direction of disinvestment should set the tone for revenue generation in the coming years.”Going forward, there will be a lot more divestment. Sp…