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Centre's gross tax receipts rise 2.8% in H1FY26

Financial Express Lucknow

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November 01, 2025

THE CENTRE'S GROSS tax revenue (before devolution to states) grew by asubdued 2.8% to ₹18.65 lakh crore in the first half of FY26, dragged down by lacklustre performance in both direct and indirect taxes.

- FE BUREAU

This pace falls well short of the 12.5% annual growth required to meet the FY26 target of ₹42.7 lakh crore.

Corporate tax collections inched up just 1% to ₹4.7 lakh crore, far below the 10% growth needed to reach the full-year goal of ₹10.82 lakh crore.

Financial Express Lucknow'den DAHA FAZLA HİKAYE

Financial Express Lucknow

Robust demand: Car sales surge 19% in November

FESTIVAL TAILWIND FADES, SEQUENTIAL VOLUMES MODERATE

time to read

2 mins

December 02, 2025

Financial Express Lucknow

LODR review paper likely in 4-6 months: Sebi chairman

THE SECURITIES AND Exchange Board of India (Sebi) is likely to issue a consultation paper on its comprehensive review of the Listing Obligations and Disclosure Requirements (LODR) framework in four-six months.

time to read

1 min

December 02, 2025

Financial Express Lucknow

GST mop-up slows

THEY SAID THE surge demonstrates strong consumption uplift, stimulated by reduced rates and improved compliance behaviour.

time to read

2 mins

December 02, 2025

Financial Express Lucknow

Tesla registrations tumble in major European markets

TESLA REGISTRATIONS IN several key European markets plunged in November from a year earlier as the US EV maker continued to struggle to stem market share losses despite rolling out new versions of its bestselling Model Y.

time to read

1 mins

December 02, 2025

Financial Express Lucknow

HC asks CCI, govt to file replies on Apple's plea

THE DELHI HIGH Court on Monday sought response of the Centre and Competition Commission of India (CCI) on a plea by tech giant Apple Inc challenging CCI's direction to furnish the firm's audited financial statements for several years.

time to read

1 min

December 02, 2025

Financial Express Lucknow

AI may slash film production costs by 40% in 2 years

ARTIFICIAL INTELLIGENCE IS increasingly reshaping the creative economy as filmmakers, animators and content creators turn to prompt-driven production. Conversations with senior executives on the sidelines of the CII Big Picture Summit in Mumbai on Monday indicate that India’s entertainment industry has begun embracing AI in a significant way, shifting tasks such as storyboarding, scriptwriting and VFX production to AI tools. Last month also saw the re-release of the Nagarjuna-starrer Shiva—first released in 1989 in Telugu and remade in Hindi in 1990—after being digitally restored using AI-based tools and modern sound technology.

time to read

2 mins

December 02, 2025

Financial Express Lucknow

Bills to levy excise on tobacco, cess on pan masala tabled

FINANCE MINISTER NIRMALA Sitharaman on Monday introduced two new Bills in the Lok Sabha which would ensure that high taxes on “sin goods” such as tobacco, pan masala and related products continue seamlessly after the scheduled phaseout of Goods and Services Tax (GST) compensation cess, levied on them.

time to read

1 min

December 02, 2025

Financial Express Lucknow

Stitching aspirations into reality

Inside the journey of Vijay Bansal, who turned lessons in honesty and hustle into Rs. 2100 crore in style

time to read

3 mins

December 02, 2025

Financial Express Lucknow

Govt’s rice stocks surge despite record sales in open market

THE GOVERNMENT'S CENTRAL-POOL rice stocks continue to surge despite brisk offloading of grain through open market sales, allocation to states, for ethanol manufacturing and Bharat rice initiative.

time to read

1 min

December 02, 2025

Financial Express Lucknow

Airbus flags fresh quality issue on limited A320 jets

- PRODUCTION FLAWS DELAYING SOME DELIVERIES

time to read

1 mins

December 02, 2025

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