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Statement Of Revenue Foregone

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  • Business

eCOM, Insta EMI Card ban may hit Bajaj Finance for 1-2 qtrs: Analysts

The Reserve Bank of India's latest order prohibiting Bajaj Finance from sanctioning and disbursing loans under its 'eCOM' and 'Insta EMI Card' products may not have serious implications on the......

Windfall tax on fuel to recoup most of Rs 1 lakh cr revenue lost in excise cuts

The windfall tax on oil produced within India and fuel exported overseas will make up for more than three-fourths of the revenue that the government lost when it cut excise duty on petrol and......

Why did Nirmalaji deviate from fiscal deficit target?

The government should have mentioned clearly the specific structural reforms that were responsible for the deviation from the fiscal deficit target by half a percentage point, says A K......

Budget: A milestone towards ushering in reforms

The Budget sets out a comprehensive vision for all-round economic overhaul, notes Mukesh Butani. Image: Vital reforms to catapult the Indian economy into a double-digit growth. Photograph:......

The cost and efficacy of tax sops

The revenue foregone due to tax incentives in 2009-10 is estimated at Rs 5,40,269 crore, writes M Govinda Rao. A bane of the Indian tax system is that it is extremely complicated and this is due......

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