Poor Real Tax Collection in October! Tax Collection Growth: 12.2% Inflation: 26.6% Real Tax Collection Growth: -14.4%📉 Explanation If X product was 10Rs at 17% tax Tax collection:1.7Rs After inflation, X is: 12.66Rs Tax should be atleast: 2.15Rs i.e 26.6% up Example:
Senators discussing timing on passage of rail bill. Needs consent from all 100 senators. There’s an effort to pass bill tonight. Or tomorrow. Thune says Rs likely won’t want amendments. Sanders wants his on paid sick leave. Could he agree to Thursday vote? “We’ll see,” he said
In Chennai, development works worth over Rs. 31,000 crore would either be inaugurated or their foundation stones would be laid. These projects cover key infra sectors such as railways, petroleum, housing and roads. Commerce and connectivity would be boosted by these works.