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Stop choking the consuming class

The call for a rational income tax regime in India grows as the tax base remains narrow, with heavy reliance on the already taxed consuming classes.

FILE PHOTO: FILE PHOTO: India's Ministry of Finance building is silhouetted against the setting sun in New Delhi April 2, 2015. REUTERS/Adnan Abidi/File Photo/File Photo (REUTERS)
Updated on Jan 30, 2025 08:03 PM IST
ByHT Editorial

UP collects 1.35 lakh crore tax revenue in 8 months

Its tax collections in the first eight months are 77.3 percent of the target of ₹174623.52 crore for the period and 50 percent of the annual target of ₹270086.00 crore for 2024-2025.

For representation only (File Photo)
Updated on Dec 05, 2024 05:30 AM IST
By, Lucknow

UP govt rakes in 1.16L cr tax revenue in first 7 months of 2024-2025

Earnings in October 2024 were ₹2069.54 crore higher than the figures in the corresponding period last year, says state finance minister Suresh Khanna

The minister said GST, along with VAT, was the highest revenue earner for the government. (Pic for representation)
Updated on Nov 06, 2024 05:02 AM IST

Budget 2024: 7 key figures to gauge Indian economy's health under Sitharaman

Union Budget 2024: Nirmala Sitharaman to presents Union Budget 2024 today. Here's how Budget can explain state of Indian economy through 7 key indicators.

Union Budget 2024: Union finance minister Nirmala sitharaman with Mos leaving Finance ministry for Parliament house to present the General budget in New Delhi on Tuesday Photo by Arvind Yadav/HT
Updated on Jul 23, 2024 11:06 AM IST

Punjab sees 15% jump in tax revenue despite sluggish GST

Punjab’s tax revenue stood at ₹17,977 cr in April-June quarter as against ₹15,673 cr during the corresponding period last year

The Punjab government registered an increase of 15% year-on-year (YoY) in its tax revenue in the first quarter (April-June) of the financial year 2024-25
Updated on Jul 22, 2024 06:38 AM IST
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