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Indirect tax mop-up exceeds Revised Estimate by 9% April 08, 2021 Govt hopeful of better days ahead; experts fear some bumps due to 2nd Covid wave The Centre’s indirect tax collection during fiscal year 2020-21 (FY21) has exceeded not just the Revised Estimate but also actual collection of fiscal year 2019-20 (FY 20). However, experts feel that growth in collection may slow down a bit during FY21 on account of local lockdowns and curfew imposed by many States. “March saw the highest indirect tax collection during the financial year (FY 21). We have exceeded last year’s actual by about 1...

Govt may go for higher external financing January 28, 2021 Macro-economic management has to be integrated in its monetary, fiscal and prices and incomes policies and not work in silos   -  Getty Images/iStockphoto Macro-economic management has to be integrated in its monetary, fiscal and prices and incomes policies and not work in silos   -  Getty Images/iStockphoto× Gross market borrowing likely to be less than FY21’s ₹12-lakh crore The Budget is expected to turn to external financing of the fiscal deficit during FY22. The gross marketing borrowing, however, is likely to be less th...

1597 Kapurthala, December 23 Pushpa Gujral Science City in association with the Himachal Pradesh State Council for Science, Technology and Environment, celebrated National Mathematics Week by organising online workshops. As many as 900 students from different schools of Himachal Pradesh and Punjab participated in various events. Kamlesh Kumar Pant, Principal Secretary, Environment, Science and Technology, Government of Himachal Pradesh, was the chief guest. He said the Himachal Government was conscious of the need to strengthen teaching of mathematics in schools as the subject cuts across all...