Articles for Fiscal Revenue

China's fiscal revenue up 5.5% in October
1 month ago

China's fiscal revenue up 5.5% in October

China Daily  

BEIJING -- China's fiscal revenue increased 5.5 percent year on year in October, data from the Ministry of Finance showed Monday. In the first ten months of the year, China's fiscal revenue dipped 1.3 percent year on year. In the first ten months, the central government collected about 8.25 trillion yuan in fiscal revenue, down 3.9 percent year on year, …

China Revenue Fiscal Revenue Fiscal Expenditure
China's fiscal revenue up 5.5% in October
1 month ago

China's fiscal revenue up 5.5% in October

China Daily  

Xinhua | Updated: 2024-11-18 22:13 File photo shows a worker counts Chinese currency renminbi at a bank in Lianyungang, East China's Jiangsu province. BEIJING -- China's fiscal revenue increased 5.5 percent year on year in October, data from the Ministry of Finance showed Monday. In the first ten months of the year, China's fiscal revenue dipped 1.3 percent year on …

China Revenue Fiscal Fiscal Revenue
Auto dealers’ revenue to lag
3 months, 3 weeks ago

Auto dealers’ revenue to lag

The Hindu  

Automobile dealers’ revenue growth is expected to slow down to between 7-9% this fiscal. CV sales are seen flattish, again on an increased base created by the volume growth momentum of the past 2-3 fiscals, amid healthy demand from the infrastructure sector. Two-wheelers may provide some respite growing by 8-10% on a low base backed by recovery in rural and …

Crisil Fiscal Dealers
China's fiscal revenue down 2.6% in Jan-July
3 months, 3 weeks ago

China's fiscal revenue down 2.6% in Jan-July

China Daily  

File photo shows a worker counts Chinese currency renminbi at a bank in Lianyungang, East China's Jiangsu province. BEIJING -- China's fiscal revenue dipped 2.6 percent year-on-year in the first seven months of this year, official data showed Monday. A breakdown of the data showed the country's tax revenue decreased 5.4 percent from one year earlier, while its non-tax revenue …

China Tax Revenue Fiscal Fiscal Revenue
Union Budget 2024: 7 key figures to gauge Indian economy's health under Sitharaman
5 months ago

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

Hindustan Times  

Union finance minister Nirmala Sitharaman presents the Union Budget 2024 in Parliament today, marking her seventh consecutive budget, surpassing the late Morarji Desai's record of six. Follow- Budget 2024 Live Updates Key numbers to watch for the first full Budget of Modi 3.0 Fiscal Deficit: • The budgeted fiscal deficit for the current fiscal year is projected at 5.1%, down …

India Growth Tax Budget Union 2024 Crore
APSRTC fixes commercial revenue target for 2024-25 fiscal at ₹500 crore
6 months, 1 week ago

APSRTC fixes commercial revenue target for 2024-25 fiscal at ₹500 crore

The Hindu  

The Andhra Pradesh State Road Transport Corporation has fixed a commercial revenue target of ₹500 crore for the current financial year. The APSRTC officials said that taking into consideration the performance of the 2023-24 fiscal year, the total commercial revenue target for this fiscal had been fixed at ₹500 crore. In addition to the revenue earned through the operation of …

Revenue Apsrtc Commercial Revenue Target Crore Target
Michigan lawmakers get final revenue estimates as they push to finalize the state budget
7 months ago

Michigan lawmakers get final revenue estimates as they push to finalize the state budget

Associated Press  

LANSING, Mich. — State economists delivered their final economic forecast this year for Michigan and indicated that tax revenue will continue to stabilize, which they see as a positive development following years of record surpluses driven by pandemic-related funds. Michigan lawmakers are working to finalize the state budget ahead of their self-imposed July 1 deadline and Friday’s outlook on the …

Budget Michigan Revenue Senate State Billion Final
Sluggish pace of growth in revenue receipts in Telangana continue at the end of Q3
10 months, 3 weeks ago

Sluggish pace of growth in revenue receipts in Telangana continue at the end of Q3

The Hindu  

The sluggish pace of growth in the revenue receipts in Telanganacontinued at the end of the third quarter of the current financial year with overallrevenue receipts pegged at ₹1.25 lakh crore, 57% of the ₹2.16 lakh crore projected in the budget estimates. Tax revenue has shown some improvement since the past few months reaching ₹99,693 crore, 65.37 % at the …

Revenue State End Crore Quarter Revenue Receipts Projected
Interim Budget 2024: Overall spending likely to see 10% hike, says report
11 months, 1 week ago

Interim Budget 2024: Overall spending likely to see 10% hike, says report

India Today  

The upcoming interim budget for the fiscal year 2024-25 may witness a cautious approach from the government, with an anticipated 10 per cent increase in overall spending compared to the current fiscal year, reported The Economic Times. Despite the economy's robust growth, with a forecasted 7.3 per cent increase in Gross Domestic Product for the fiscal year 2023-24, the government …

Spending Cent Fiscal Capital Expenditure Interim Budget Upcoming Budget
HCL Tech Q2 Results Preview: IT major may cut revenue guidance to 4-6%
1 year, 2 months ago

HCL Tech Q2 Results Preview: IT major may cut revenue guidance to 4-6%

Live Mint  

HCL Tech Q2 result preview: HCL Technologies will announce its July-September quarter results for fiscal 2023-24 on Thursday, October 12 along with its IT peer Infosys. D-Street analysts and domestic brokerages widely expect India's third largest IT services major to report softer growth in the September quarter and reduce its revenue guidance to 4-6 per cent from 6-8 per cent. …

Growth Guidance Revenue Cent Infosys Hcl Technologies Quarter Results
How Siddaramaiah plans to fund his five guarantees
1 year, 5 months ago

How Siddaramaiah plans to fund his five guarantees

India Today  

For Karnataka chief minister Siddaramaiah, the state budget he presented on July 7 was something of a personal milestone. But given the Congress government’s five big-ticket election guarantees, Siddaramaiah’s budget was also keenly watched for details of how he would walk the fiscal tightrope while living up to these poll assurances. According to the chief minister, the total outgo on …

Karnataka Tax Budget Congress Crore Gsdp Guarantees Siddaramaiah
The next Finance Commission will have a tough task
1 year, 6 months ago

The next Finance Commission will have a tough task

The Hindu  

The government will appoint a Finance Commission in the next few months to determine how much of the Centre’s tax revenue should be given away to States and how to distribute that among States. In the pre-reform period, the Finance Commission recommendations were not that critical because the Centre had other ways to compensate States, or indeed to play favourites, …

Finance India Karnataka Tax States Revenue State
Govt mulls over more fiscal support
2 years, 7 months ago

Govt mulls over more fiscal support

China Daily  

Proactive policies help hard-hit market players through large-scale tax refunds China is considering additional fiscal policy support while mounting an all-out effort to put existing measures into place, providing a strong buffer against downward pressures on the national economy, officials and experts said on Tuesday. They added that large-scale tax refunds have started to benefit hard-hit market players in the …

Policy Fiscal Policy Tax Investment Refunds Fiscal Fiscal Revenue
Understanding the formulation of the Budget
2 years, 10 months ago

Understanding the formulation of the Budget

The Hindu  

The story so far : With the economy still hurting from the pandemic, the Budget on February 1 is likely to address concerns around growth, inflation and spending. Since positive fiscal deficits indicate the amount of expenditure over and above revenue and non-debt receipts, it needs to be financed by a debt-creating capital receipt. Though both expenditure and revenue receipts …

India Policy Fiscal Policy Services Budget Capital Revenue
每日新闻播报（January 27）
2 years, 10 months ago

每日新闻播报（January 27）

China Daily  

>Energy conservation and emissions reduction 节能减排综合工作方案印发 Aerial photo taken on Aug 17, 2020 shows a photovoltaic power station at the green industrial development park in the Tibetan autonomous prefecture of Hainan, Northwest China's Qinghai province. 化学需氧量、氨氮、氮氧化物、挥发性有机物排放总量比2020年分别下降8%、8%、10%以上、10%以上。 "Policies and mechanisms for conserving energy and reducing emissions will be improved, energy use efficiency and control of the discharge of major pollutants in …

China Revenue Yuan Imf Gazelle Fiscal Revenue 27 Energy
Nevada casinos data: Jobs lost, revenues down amid pandemic
2 years, 11 months ago

Nevada casinos data: Jobs lost, revenues down amid pandemic

Associated Press  

LAS VEGAS — The economic effect of the coronavirus pandemic emerged in stark numbers in an annual report showing a decrease in employees at Nevada’s biggest casinos and anemic revenues during the 12 months that followed a statewide casino shutdown in 2020. The Nevada Gaming Control Board’s annual Nevada Gaming Abstract, released Thursday, said 302 casinos statewide that grossed more …

Gambling Nevada Revenue Report Million Casino Casinos
‘Time not ripe for fiscal consolidation’
3 years, 4 months ago

‘Time not ripe for fiscal consolidation’

The Hindu  

The time is not yet ripe for fiscal consolidation, and deeper reforms will be undertaken as soon as the impact of the COVID-19 pandemic is overcome, Finance Minister Palanivel Thiaga Rajan said on Friday. “An effective Samadhan Scheme will be launched to clear the pending dues of ₹28,000 crore under the Tamil Nadu Value Added Tax and other legacy legislation.” …

Tamil Nadu Tax Budget Revenue State Crore Covid
India's fiscal deficit in 2020-21 lower than expected
3 years, 6 months ago

India's fiscal deficit in 2020-21 lower than expected

The Hindu  

India recorded a fiscal deficit of 9.3% of GDP in 2020-21, 0.2% lower than the revised estimate of 9.5% of GDP, according to the Controller General of Accounts. Total revenue receipts turned out to be about ₹88,000 crore higher than estimated, driven largely by higher excise and customs collections, while total expenditure was ₹61,000 crore more than the revised estimate. …

India Crore Higher Gdp Deficit Fiscal Revenue Expenditure