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Fiscal Policy

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Bank of India Transfers ₹1,553 Crore Dividend to Government for FY26
Posted inBusiness Insights

Bank of India Transfers ₹1,553 Crore Dividend to Government for FY26

Bank of India delivers a substantial ₹1,553 crore dividend to the government, showcasing strong profitability and its role in national revenue.
Posted by Prasenjit Bhowmik July 2, 2026
Nine Years of GST: Evaluating India's Indirect Tax Transformation
Posted inEconomy

Nine Years of GST: Evaluating India’s Indirect Tax Transformation

Nine years after its landmark implementation in July 2017, India's Goods and Services Tax (GST) has fundamentally restructured the nation's economic architecture by consolidating a complex web of central and…
Posted by Prasenjit Bhowmik July 2, 2026
GST at Nine: The Next Phase of India's Indirect Tax Evolution
Posted inEconomy

GST at Nine: The Next Phase of India’s Indirect Tax Evolution

Refining the FrameworkNine years after its landmark introduction, India's Goods and Services Tax (GST) regime is entering a critical maturation phase as policymakers pivot from basic implementation to systemic optimization.…
Posted by Prasenjit Bhowmik July 2, 2026
Finance Ministry Projects Inflation Relief Amid Global Commodity Price Cooling
Posted inEconomy

Finance Ministry Projects Inflation Relief Amid Global Commodity Price Cooling

Discover how cooling global commodity prices and stable oil costs are bringing inflation relief, improving the nation's economic outlook.
Posted by Prasenjit Bhowmik July 1, 2026
Import Surge Propels India's GST Revenue to ₹1.95 Lakh Crore in June
Posted inEconomy

Import Surge Propels India’s GST Revenue to ₹1.95 Lakh Crore in June

India's GST revenue hit ₹1.95 lakh crore in June, fueled by a significant surge in import taxes and reflecting robust economic activity.
Posted by Prasenjit Bhowmik July 1, 2026
Income Tax Return Calendar Gets Major Reset: New Filing Deadlines and Extended Revision Windows
Posted inEconomy

Income Tax Return Calendar Gets Major Reset: New Filing Deadlines and Extended Revision Windows

In a significant shift for the fiscal calendar, tax authorities have announced a restructured timeline for Income Tax Return (ITR) filings, providing distinct deadlines for different categories of taxpayers. Effective…
Posted by Prasenjit Bhowmik June 30, 2026
The Grey Swan of Monsoon: Assessing India's Economic Vulnerability
Posted inEconomy

The Grey Swan of Monsoon: Assessing India’s Economic Vulnerability

As India navigates a complex fiscal year, a significant threat looms over its economic stability: the erratic performance of the annual monsoon. Public policy consultant Mohitkumar Daga warns that a…
Posted by Prasenjit Bhowmik June 29, 2026
Kerala's Fiscal Hurdles Persist Despite Economic Expansion
Posted inEconomy

Kerala’s Fiscal Hurdles Persist Despite Economic Expansion

A recent report from the Comptroller and Auditor General (CAG) of India reveals that Kerala experienced notable economic growth during the last fiscal year, yet the state government failed to…
Posted by Prasenjit Bhowmik June 28, 2026
California's IPO Tax Gamble: Assessing the Revenue Potential of Tech Giants
Posted inEmerging Market

California’s IPO Tax Gamble: Assessing the Revenue Potential of Tech Giants

The High-Stakes IPO PipelineCalifornia officials are closely monitoring the potential public offerings of high-valuation tech firms including SpaceX, OpenAI, and Anthropic, hoping these market debuts will generate a significant tax…
Posted by Prasenjit Bhowmik June 28, 2026
S&P Global Ratings Projects India's Growth Slowdown to 6.6% by FY27
Posted inEconomy

S&P Global Ratings Projects India’s Growth Slowdown to 6.6% by FY27

S&P Global Ratings forecasts India's GDP growth will moderate to 6.6% by FY27 due to energy stress, monsoons, and global demand shifts.
Posted by Prasenjit Bhowmik June 27, 2026

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