In New Delhi, on March 29, the applicability of newly imposed export windfall taxes on diesel and ATF shipments from Reliance Industries' SEZ refinery remains a key uncertainty following India's fuel duty overhaul, with significant implications for refining margins and government revenues...
Hyderabad, March 28 Chief Minister A Revanth Reddy on Saturday announced a CB-CID inquiry into mining leases and illegal mining since the formation of Telangana in 2014, following a heated debate in the Assembly over allegations made against Revenue Minister Ponguleti Srinivasa Reddy by the BRS...
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Bengaluru, March 27 Senior BJP leader and Leader of the Opposition R. Ashoka on Friday responded to Karnataka Deputy Chief Minister and State Congress President D.K. Shivakumar's criticism of fuel pricing, accusing the Congress-led state government of burdening people through repeated tax...
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Shimla, March 27 In view of the state's financial situation, the Himachal Pradesh government is considering reintroducing lottery within the state to create new sources of revenue generation, Chief Minister Sukhvinder Singh said during the Budget session of the Assembly on Friday.In a written...
New Delhi, March 27 – The government has reduced excise duty on petrol and diesel by ₹10 per litre each, a move aimed at protecting domestic consumers from a surge in global oil prices triggered by the Middle East conflict, at an estimated revenue cost of ₹1.75 lakh crore.Alongside, the...
New Delhi, March 26 A surge in global crude oil and natural gas prices amid the West Asia conflict is likely to complicate India's fiscal position in FY2027, potentially increasing subsidy burdens and putting pressure on revenues, ratings agency ICRA said.Crude prices have more than doubled...
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Mumbai, March 23 – Maharashtra Revenue Minister Chandrashekhar Bawankule told the Legislative Assembly on Monday that illegal mining is rampant in the state and will be immediately shut down. He also announced that a comprehensive mapping (digital survey) of all mines across the state will be...
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New Delhi, March 12 The CAG's estimate that the government has suffered revenue loss due to the non-implementation of an agreement with Reliance Jio was based on a misinterpretation of a clause, and the error has now been rectified, according to Minister of State for Telecom, Pemmasani Chandra...
New Delhi, March 5 The Delhi excise department has collected ₹4,992 crore in revenue between April 2025 and January 2026, official sources said.Officials in the department expressed confidence that the government will meet its revised revenue target of ₹6,000 crore by March 31, the end of the...
Shimla, February 25 Himachal Pradesh Deputy Chief Minister Mukesh Agnihotri said on Wednesday that vehicles registered before 1975 would be classified as vintage and would not be scrapped.A policy for registering vehicles that are 50 years or older has been introduced, allowing owners to...
Thane, February 25 The Navi Mumbai Municipal Corporation (NMMC) has collected property tax amounting to ₹650 crore so far in the current financial year, recording a significant increase in digital payments, officials said on Wednesday.A total of 1,82,894 taxpayers have paid property tax, of...
New Delhi, February 16 The Central Information Commission has criticized the Central GST authorities in Rajkot for denying information under the RTI Act regarding arrests, bail, cases, and recoveries, citing ongoing investigations. The Commission observed that such a blanket denial could...
Amaravati, February 10 YSRCP supremo Y S Jagan Mohan Reddy accused the Andhra Pradesh government of fabricating GSDP figures to create a false impression of rapid economic growth, despite weak revenue performance.He claimed that the state was experiencing an economic slowdown, which was...