tax receipts

Probe into ‘violation’ of court curbs on Uttar Pradesh park


June 11th, 2012 - 7:33 pm ICT by IANS
Lucknow, June 11 (IANS) The Uttar Pradesh Police Monday sent a team to Rajasthan to verify a contractor's claim that he supplied stones for a Dalit park in Lucknow ... Read more...

Posted in Politics |

Crackdown against unruly mobikers in Srinagar


June 5th, 2012 - 9:34 pm ICT by IANS
Srinagar, June 5 (IANS) Alarmed by unruly mobike riders zooming through the streets of Srinagar at break-neck speeds, the traffic department Tuesday launched a crackdown against them.Throwing traffic safety rules ... Read more...

Posted in Uncategorized |

Nobel laureate seeks reversal of US austerity measures


May 3rd, 2012 - 3:30 pm ICT by IANS
Washington, May 3 (IANS) Nobel Prize-winning economist Paul Krugman has called for more government spending and an end to US austerity measures in a bid to jolt the sluggish economy ... Read more...

Posted in Life Style |

`Latin America could suffer the problems of US, Europe’


October 26th, 2011 - 11:52 am ICT by IANS
Miami, Oct 26 (IANS/EFE) Latin America is in a good financial situation, but the problems currently being suffered by the US and Europe pose a threat, a banker said."If the ... Read more...

Posted in Business |

Highlights of Pranab Mukherjee’s budget for 2011-12


February 28th, 2011 - 3:18 pm ICT by IANS
New Delhi, Feb 28 (IANS) Highlights of the budget for 2011-12 presented by Finance Minister Pranab Mukherjee in the Lok Sabha Monday:* Expenditure in 2011-12 estimated at Rs.12,57,729 crore, an increase ... Read more...

Posted in Business |

Karnataka finances sound over higher tax receipts


January 6th, 2011 - 6:55 pm ICT by IANS
Bangalore, Jan 6 (IANS) The financial status of Karnataka remained healthy in the first nine months (April-Dec) of this fiscal (2010-11) on higher revenue receipts and commercial tax collection, Governor H.R. Bhardwaj ... Read more...

Posted in Business |

Fiscal deficit to remain at 5.5 percent in 2010-11


December 7th, 2010 - 7:22 pm ICT by IANS
New Delhi, Dec 7 (IANS) India's fiscal deficit will not be more than 5.5 percent of its gross domestic product (GDP) in 2010-11 as surge in revenue collections offset high expenditure, ... Read more...

Posted in Business |

China to reduce capital punishment after law review


August 23rd, 2010 - 2:16 pm ICT by ANI
Beijing, Aug 23 (ANI): China, which executes more people each year than any other country, is considering reducing the number of death sentences in the country by reviewing the latest amendment to ... Read more...

Posted in World |

CRA annuls Ottawa Tamil organization’s charitable status


July 18th, 2010 - 4:31 pm ICT by ANI
Ottawa, July 18 (ANI): The Canada Revenue Agency (CRA) has revoked the charitable registration of the Tamil (Sri Lanka) Refugee-Aid Society of Ottawa.According to The Globe and Mail, in a letter ... Read more...

Posted in World |

Highlights of Union Budget 2010-11 (Part-IV)


February 26th, 2010 - 2:04 pm ICT by ANI
New Delhi, Feb 26 (ANI): Union Finance Minister Pranab Minister on Friday presented the Union Budget 2010-11 in the Parliament.Highlights of Union Budget 2010-11 are as follows:* Rs 20,000 additional tax break ... Read more...

Posted in National |

Highlights of Union Budget 2010-11 (Part-III)


February 26th, 2010 - 1:51 pm ICT by ANI
New Delhi, Feb 26 (ANI): Union Finance Minister Pranab Minister on Friday presented the Union Budget 2010-11 in the ParliamentHighlights of Union Budget 2010-11 are as follows:* Textile ministry to train 30 ... Read more...

Posted in National |

Sunil Mitra is revenue secretary, Sumit Bose to head disinvestment


February 1st, 2010 - 9:42 pm ICT by IANS
New Delhi, Feb 1 (IANS) Disinvestment Secretary Sunil Mitra has been appointed revenue secretary and succeedeing him in that post is former secretary of the 13th Finance Commission Sumit Bose, ... Read more...

Posted in Business |

Current quarter to feel impact of poor monsoon: Mukherjee


December 11th, 2009 - 4:31 pm ICT by IANS
New Delhi, Dec 11 (IANS) Even as India's annual food inflation stands at a high 19 percent, Finance Minister Pranab Mukherjee Friday warned that the full adverse impact of poor monsoon ... Read more...

Posted in Business |

US ran $1.42 trillion deficit - biggest since 1945


October 17th, 2009 - 2:32 pm ICT by IANS
By Arun Kumar Washington, Oct 17 (IANS) Battling the worst recession in decades, President Barack Obama's government ran a $1.42 trillion deficit in fiscal year 2009 making it the worst year on ... Read more...

Posted in Business |

Net tax collections up 3.69 percent this fiscal


October 6th, 2009 - 9:26 pm ICT by IANS
New Delhi, Oct 6 (IANS) Net direct tax collections during the first half this fiscal grew 3.69 percent from the corresponding period last year, the Central Board of Direct Taxes (CBDT) said ... Read more...

Posted in Business |

Government will fight economic winter with full force : Mukherjee


September 8th, 2009 - 7:41 pm ICT by ANI
New Delhi, Sep 8 (ANI): Finance Minister Pranab Mukherjee revealed on Tuesday that India's export to its major traditional markets in the developed economies has contracted in the last ten months ... Read more...

Posted in National |

Every Pakistani evaded 4,800-rupee tax in 2007-08: World Bank


September 6th, 2009 - 5:25 pm ICT by ANI
Islamabad, Sep. 6 (ANI): A new World Bank report has revealed that every Pakistani citizen evaded paying the tax amount of 4800 rupees in the financial year 2007-08. The total tax evaded ... Read more...

Posted in World |

Weak public finances threaten India’s creditworthiness: Fitch


May 14th, 2009 - 9:22 pm ICT by IANS
New Delhi, May 14 (IANS) Growing budgetary deficit and weaknesses in its public finances could weaken India's sovereign creditworthiness, said global ratings agency Fitch in a statement Thursday. Noting that its slowing economy ... Read more...

Posted in Business |

US retirement fund fast running out of cash


May 13th, 2009 - 10:53 am ICT by IANS
Washington, May 13 (DPA) The US government pension and health insurance programmes will soon run out of resources as the baby-boom generation prepares for retirement and the ongoing recession hits tax ... Read more...

Posted in Business |

41 companies contribute 10 percent of tax revenue


March 28th, 2009 - 7:21 pm ICT by IANS
New Delhi, March 28 (IANS) Almost 10 percent of the government's tax receipts come from just 41 companies, a survey has revealed. The report was released here Saturday. The Total Tax Contribution Survey-2008, ... Read more...

Posted in Business |

India’s fiscal deficit will be higher: Ahluwalia


December 7th, 2008 - 8:13 pm ICT by IANS
New Delhi, Dec 7 (IANS) Planning Commission Deputy Chairman Montek Singh Ahluwalia Sunday said India's fiscal deficit for the current fiscal will be higher than budgeted for but this will not be ... Read more...

Posted in Business |

India to meet 2008-09 indirect tax goals: Chidambaram


May 29th, 2008 - 9:03 pm ICT by admin
New Delhi, May 29 (ANI): Finance Minister Palaniappan Chidambaram said on Thursday that India is poised to meet its indirect tax targets for this fiscal year, although target growth in excise ... Read more...

Posted in World |

Government agencies asked to spend judiciously


May 3rd, 2008 - 12:44 am ICT by admin
New Delhi, May 2 (IANS) Experts here have stressed the need for government agencies to judiciously spend allocated funds and asked the Finance Commission to ensure this aspect. A meeting of the ... Read more...

Posted in Business |

Thirteenth Finance Commission begins with a head start


January 23rd, 2008 - 10:04 pm ICT by admin
New Delhi, Jan 23 (ANI): The Thirteenth Finance Commission held its first meeting with economic experts and administrators of the country here today, and held wide ranging discussions on the review of ... Read more...

Posted in National |

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