Direct, indirect taxes to yield 64 paise of every rupee in govt coffers: Budget documents
New Delhi (PTI): For every rupee in the government's coffers, the largest slice of 64 paise will come from direct and indirect taxes, according to the Union Budget 2026-27 documents.
Around 24 paise will come from borrowings and other liabilities, 10 paise from non-tax revenue like disinvestment, and 2 paise from non-debt capital receipts, the Budget documents showed.
Income tax will yield 21 paise, corporation tax 18 paise, and Goods and Services Tax (GST) 15 paise per rupee of revenue.
Besides, the government looks to earn 6 paise from excise duty and 4 paise from customs levy in every rupee of revenue.
The collection from "borrowings and other liabilities" will be 24 paise per rupee, as per the Union Budget 2026-27 presented in Parliament by Finance Minister Nirmala Sitharaman on Sunday.
The Budget documents provide a fractional break-up for Re 1 that comes in and gets spent.
On the expenditure side, the outlay for interest payments and states' share of taxes and duties, respectively, stood at 20 paise and 22 paise for every rupee.
Allocation for defence stands at 11 paise per rupee.
Expenditure on central sector schemes will be 17 paise out of every rupee, while the allocation for centrally-sponsored schemes is 8 paise.
The expenditure on 'Finance Commission and other transfers' is pegged at 7 paise. Subsidies and pensions will account for 6 paise and 2 paise, respectively.
The government will spend 7 paise out of every rupee on 'other expenditures'.
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West Bengal CM Mamata Banerjee moves SC against SIR
New Delhi (PTI): West Bengal Chief Minister Mamata Banerjee has filed a petition in the Supreme Court against the ongoing Special Intensive Revision (SIR) of the electoral rolls in the state, sources said on Sunday.
The petition names the Election Commission (EC) and the chief electoral officer of West Bengal as respondents. It was filed before the apex court on January 28, the sources said.
Banerjee arrived in Delhi on Sunday. She is scheduled to meet Chief Election Commissioner (CEC) Gyanesh Kumar at 4 pm on Monday to discuss the ongoing SIR exercise in West Bengal. The Trinamool Congress (TMC) supremo would be accompanied by a delegation of party leaders.
She is also likely to meet party MPs in the Parliament House on Monday.
Talking to reporters at the Kolkata airport before leaving for the national capital, Banerjee claimed that the ruling Bharatiya Janata Party (BJP) at the Centre is resorting to the SIR exercise because it is certain of its imminent defeat in the West Bengal Assembly polls, due in a few months, and said the saffron party should contest the election politically and democratically.
The West Bengal chief minister has written several letters to the CEC, raising concerns over the conduct of the exercise.
In her most recent letter to the CEC on January 31, she alleged that the methodology and approach of the exercise went beyond the provisions of the Representation of the People Act and the relevant rules, causing "immense inconvenience and agony" to citizens.
Earlier, TMC leaders, including Rajya Sabha MPs Derek O'Brien and Dola Sen, had moved the apex court, challenging certain aspects of how the SIR is being carried out in West Bengal.
