Tag: FY26 Budget
Posted in Economy
Indirect tax mop-up tops FY26 target, but pan masala cess misses the mark
New Delhi: The government has marginally exceeded its indirect tax collection target for 2025–26, buoyed by steady inflows from customs, excise and GST, even as…
Posted in Economy
Govt gets Parliament nod for Rs 2.01 lakh crore additional spending in FY26
Parliament on Tuesday approved the second batch of supplementary demands for grants, allowing the government to spend an additional Rs 2.01 lakh crore in the…
Posted in Economy
India’s April-October fiscal deficit at Rs 8.25 lakh crore, widens on-year to 52.6% of FY26 aim
India’s fiscal deficit for April to October, or the first seven months of this fiscal year, was at Rs 8.25 lakh crore, equivalent to 52.6%…
Posted in Economy
FY26 budget: CBIC sets 2-year period for customs assessments
All provisional assessments under customs will have to be completed within two years as per guidelines notified by the Central Board of Indirect tax and…