Head of the presentation of the FY26 Budget in February, government sources said they not only expect to meet the ₹22 trillion gross direct tax collection target for FY25, but also exceed it given the robust trend so far.
"Gross collections have not come down. It is because of higher refunds that net collections have slowed down. The way the economy is doing and the collections are growing, we are hopeful that we will not only meet the target but also exceed it," the source said.
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Denne historien er fra November 14, 2024-utgaven av Business Standard.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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Caramelised popcorn in theatres may stay in 5% slab
Single rate on sale of all old, used vehicles, including EVs
Indo Farm Equipment listing to open for subscription on Dec 31
Indo Farm Equipment on Tuesday fixed a price band of ₹204 to ₹215 per share for its initial share sale that opens for public subscription on December 31.
HDFC Bank's growth engine ready to roar into overdrive from FY26
After the merger, HDFC Bank has performed quite well, with an in-line performance in the July-September quarter (Q2) of 2024-25 (FY25).
Mkts settle flat in volatile trade
Benchmark indices Sensex and Nifty ended on a flat note in a volatile trade on Tuesday, as investors preferred to stay on the sidelines awaiting further triggers amid persistent foreign fund outflows.
Senores outshines the pack; Carraro crawls, Ventive soars
The response to the three initial public offerings (IPOs) that closed on Tuesday was mixed.
Angel One MF sets its sights on passive edge
Passive-only fund house to leverage online, traditional channels
10 funds on thin ice under IFSCA's watchful gaze
Regulator draws line in sand for funds failing to meet 'substance' requirements
Middle-class strain on consumption
In recent weeks, a slowdown in private consumption has dominated headlines.
Four big promises
Budget 2025 will have achieved a lot if it fulfils the promises made in July 2024
History without context
This is a difficult work to describe, leave alone classify. Take the title. It suggests that the author's great-grandfather (the titular character) had possibly a consequence comparable to that of the Mohan, Mahatma Gandhi, as far as the British Empire was concerned. It doesn't take the reader long to discover the presumptuousness of it, since Mohanlal Killawala was nothing of that ilk; he was a mere blip in the Empire in the Indian Ocean and does not merit even a footnote.
