Taxes and borrowings make up the majority of the revenue while a significant portion of the expenditure is allocated to ...

The importance of local governments and municipal bodies particularly in developing economies is increasingly being recognized with rising aspirations of citizens. The nature of social and economic ...

During the Mughal era, budgets were prepared by gathering information about land and its production to determine taxes, and ...

Budget 2025: Borrowings and Liabilities contribute the most to the budget’s revenue, making up 24% of the total. This is a slight drop from 27% last year. Income Tax ranks second, accounting for 22% ...

Almost all finance ministers of India have faced the challenge of widening the country's tax net. While the debate over how few people pay income tax ... in additional revenue, there is a limit ...

Dubai has long been known for its futuristic skyline and economic prosperity, but its tax-free earnings policy makes it an ...

The Goods and Services Tax (GST) has been a cornerstone of fiscal reform in India. The shift to GST ... GST provides a major source of fiscal revenue that supports various developmental and ...

India’s Union Budget 2025-26 revealed a significant reliance on borrowings, accounting for 24 per cent of the government’s ...

India cut taxes for the country’s middle class, putting about $12 billion more in their pockets as the Narendra Modi-led ...

There will be zero income tax up to an annual income of ₹12 Lakh under the new tax regime, FM Sitharaman has announced.

With the US import tariff hike looming large, India has said it is not a tariff king. In a recent interaction with TNIE, ...

Here, we examine the key sources of revenue and the allocation of funds in the Union Budget presented by Finance Minister Nirmala Sitharaman this year.