https://www.taxtmi.com/news?id=32340 The Budget documents report that direct and indirect taxes are the principal source of government receipts, with specified fractional contributions from income tax, corporate tax, GST, excise and customs; borrowings, non tax revenues including disinvestment, and non debt capital receipts are secondary sources. Expenditure is itemised per rupee across interest payments, states' share of taxes and duties, defence, central sector schemes, centrally sponsored schemes, Finance Commission and other transfers, subsidies, pensions and other expenditures. en-us Sat, 01 Feb 2025 14:01:03 +0530 Sat, 01 Feb 2025 14:01:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=32340 The Budget documents report that direct and indirect taxes are the principal source of government receipts, with specified fractional contributions from income tax, corporate tax, GST, excise and customs; borrowings, non tax revenues including disinvestment, and non debt capital receipts are secondary sources. Expenditure is itemised per rupee across interest payments, states' share of taxes and duties, defence, central sector schemes, centrally sponsored schemes, Finance Commission and other transfers, subsidies, pensions and other expenditures. News - Sat, 01 Feb 2025 14:01:03 +0530 https://www.taxtmi.com/news?id=32340