Indian Economy FY26

Direct Tax Collections Progressing Well for FY26, Says CBDT Chief Ravi Agarwal

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direct tax collections for FY26 are well on track

India’s economic growth continues to show strong momentum, and one of the clearest indicators of this performance is the steady rise in direct tax collections. In a recent statement, CBDT Chairman Ravi Agarwal confirmed that direct tax collections for FY26 are well on track, reinforcing confidence in the country’s fiscal stability and revenue outlook. His … Read more

RBI’s Higher Dividend Payout May Help Balance Revenue Shortfall from GST Rate Changes in FY26: Care Edge

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https://gstandtax.com/major-tax-reforms-that-are-fueling-investment-economic-growth/

RBI’s Higher Dividend Payout to Offset GST Revenue Impact in FY26 The Reserve Bank of India (RBI) is expected to play a major role in maintaining India’s fiscal balance in FY26. As per CareEdge Ratings, the central bank’s higher-than-anticipated dividend payout to the government could help absorb the short-term revenue loss that may result from … Read more