tax revenue

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    India's Fiscal Deficit Rises to 63% of Annual Target

    New Delhi, February 27 The Centre's fiscal deficit at the end of January stood at ₹9.8 lakh crore, or 63 per cent of the annual budget target for 2025-26, compared to 74.5 per cent in the year-ago period, according to government data released on Friday.The Centre estimates the fiscal deficit...
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    New DTAC Provisions: Residency-Based Taxing Rights Established

    New Delhi, February 23 India and France have amended the double taxation avoidance agreement, which will provide for the taxation of capital gains based on the company's residency and delete the Most-Favored-Nation (MFN) clause, bringing certainty in taxation.The amending protocol also...
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    Rajasthan's Fiscal Position Strengthens with Revenue Growth

    Jaipur, February 19 – Under the leadership of Chief Minister Bhajan Lal Sharma, Rajasthan has achieved sustained growth in its own tax revenue, reflecting improved financial management and administrative reforms.According to the Budget Study 2026–27, the state's own tax revenue stood at Rs...
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    State-Owned Enterprises Contribute Heavily to Pakistan's Debt

    New Delhi, February 18 – Plagued by chronic losses and mounting debt, state-owned enterprises (SOEs) in Pakistan have for years drained public funds that could have been spent on sectors such as healthcare and education. Frequent equity injections, subsidies, loans, and sovereign guarantees have...
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    Haryana Budget: CM Saini Highlights Public Input and Economic Growth

    Chandigarh, Feb 17 – Asserting that the BJP government's budget is the people's budget, shaped by public suggestions, Chief Minister Nayab Singh Saini on Tuesday stated that the upcoming state budget will fulfill the aspirations and expectations of the people.Referring to Haryana's economic...
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    AIADMK Attacks Interim Budget on Fiscal Concerns

    Chennai, February 17 – Leader of the Opposition and AIADMK General Secretary Edappadi K. Palaniswami launched a scathing attack on the Tamil Nadu government’s Interim Budget for 2026-27 on Tuesday, describing it as a “hollow shell” that appears impressive on the surface but lacks substance...
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    Tamil Nadu's 2026-27 Interim Budget: Revenue & Expenditure Overview

    Chennai, February 17 The Tamil Nadu government presented its interim budget for 2026–27 in the Assembly on Tuesday, detailing how it mobilizes and spends every rupee.Explaining its expenditure through the concept of "How Tamil Nadu spends one rupee," the government said that subsidies and...
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    Uttar Pradesh Sees Shift to 'Faith Zone' Under New Leadership

    Lucknow, February 16 – Uttar Pradesh Chief Minister Yogi Adityanath said on Monday that the state has undergone a fundamental transformation since 2017, shedding its image of crime and anarchy to emerge as a state defined by “technology, trust, and transformation”.Responding to the debate on...
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    Budget 2026-27: Focus on Infrastructure, State Support, and Debt Reduction

    On Wednesday, Finance Minister Nirmala Sitharaman announced that the government has budgeted Rs 53.47 trillion for the next fiscal year, a 7.7% increase from the current fiscal ending March 31.According to the revised estimates, the current fiscal's budget is Rs 49.64 trillion, lower than the...
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