India  
 
NewsR.in

Growing size of surcharge, cess swells govt kitty: CAG

IndiaTimes Tuesday, 12 August 2025 ()
The CAG report tabled in Parliament highlights the increasing reliance on cess and surcharges, contributing significantly to tax revenues, reaching ₹4.9 lakh crore in FY2023-24. However, the auditor raised concerns about the underutilization of these funds for their intended purposes, with a short transfer of ₹3.69 lakh crore to designated reserve funds until March 2024.
0
shares		ShareTweetSavePostSend
 

You Might Like


💡 newsR Knowledge: Other News Mentions

Comptroller and Auditor General of India Comptroller and Auditor General of India Comptroller and auditor general of India


Parliament Parliament Legislative body of government

SIR row: Rahul Gandhi's high tea with 'dead people'; SC says electoral rolls bound for revision- top developments

 The opposition has been protesting in both Houses of Parliament against the revision of electoral rolls, alleging that the EC's exercise is aimed at..
IndiaTimes

National animal status for cow? Centre gives details in Parliament - Here's what it said

 The central government clarified in Parliament that it has no intentions of enacting legislation to declare the cow as the national animal, citing that animal..
IndiaTimes

'We always exposed BJP's vote theft, but Congress remained silent': AAP's Priyanka Kakkar

 Amidst ongoing "vote theft" allegations, AAP leader Priyanka Kakkar accuses the BJP of electoral fraud during the upcoming Delhi Assembly elections, criticizing..
IndiaTimes

Related news from verified sources

Income Tax Bill 2025 to be introduced in Parliament today, here's what to expect

 The new bill will incorporate the recommendations of the Select Committee of Parliament. This follows the withdrawal of the earlier version of the Income Tax...
DNA Also reported by •IndiaTimes •newKerala.com

Parliament approves new Income Tax Bill
newKerala.com Also reported by •IndiaTimes

Growing size of surcharge, cess swells govt kitty: CAG

 The CAG report tabled in Parliament highlights the increasing reliance on cess and surcharges, contributing significantly to tax revenues, reaching ₹4.9 lakh...
IndiaTimes