Next consumption spurt hinges on wage growth: FM Nirmala Sitharaman
Next phase of India’s consumption growth, the main driver of the economy, depends on wage growth and upward mobility, Finance […]
Recent Tax News
SC reserves verdict on states’ power to impose additional tax, surcharge
The Supreme Court on Tuesday reserved its judgment on a 27-year-old reference concerning the power of state legislatures to impose
State, central tax officials discuss ways to boost Bihar’s revenue
The need for better coordination and exchange of available data and resources between state and central tax administrations was emphasised
CESTAT upholds relief for NPDCL in ₹50cr tax dispute
The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Hyderabad, has upheld relief granted to the Northern Power Distribution Company
Commercial tax revenue of TN grew 4.4 per cent in FY26, stamp duty revenue grows at 16%
Tamil Nadu’s Commercial Taxes Department collected ₹1,43,915 crore in gross revenue in FY26, up ₹6,047 crore or 4.4 per cent
Rajasthan govt seizes 44 vehicles in 3 weeks in tax evasion crackdown
Rajasthan’s Commercial Taxes Department has cracked down on tax evasion, seizing 44 vehicles in three weeks ending on September 3.
No tax tangle, FPIs keen to move G-Sec money next day
Offshore bond players betting on Indian government bonds are figuring out a way to move money around faster. Months after
TN Govt earns ₹50,845 crore from sales tax and excise revenue in liquor, aims for revenue expansion and de-addiction initiatives
Tamil Nadu government’s liquor sales arm Tamil Nadu State Marketing Corporation Limited (TASMAC) generated revenue of ₹50,845 crore in FY26
Faridabad tax officer, driver held in ₹4 L truck clearance bribe case
A Haryana government excise and taxation officer (ETO) and his official driver were arrested while accepting a ₹1 lakh bribe
A simpler mining tax model can mean more revenue for states
In September 1974, at the Two Continents restaurant in Washington, economist Arthur Laffer drew a hump-shaped graph on a napkin