{"id":294652,"date":"2019-10-01T11:41:47","date_gmt":"2019-10-01T06:11:47","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=294652"},"modified":"2019-10-01T11:51:16","modified_gmt":"2019-10-01T06:21:16","slug":"privatisation-push-to-bridge-tax-gap","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/privatisation-push-to-bridge-tax-gap\/","title":{"rendered":"Privatisation push to bridge tax gap"},"content":{"rendered":"<p>The government may consider increasing the divestment target for 2019-20 from the budgeted Rs 1.05 lakh crore by opting for the strategic sales of state-owned units and selling stakes in more PSUs. <\/p>\n<p>The finance ministry expects a revenue shortfall of about Rs 2.5 lakh crore because of lower tax collection, including GST, and a Rs 1.45-lakh-crore giveaway following the reduction in corporate tax rate. <\/p>\n<p>Officials said the strategic sale of state-owned units is key not only to meet the divestment target but also to garner additional revenue, which can offset lower collections under other heads.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The government may consider increasing the divestment target for 2019-20 from the budgeted Rs 1.05 lakh crore by opting for the strategic sales of state-owned units and selling stakes in more PSUs. The finance ministry expects a revenue shortfall of about Rs 2.5 lakh crore because of lower tax collection, including GST, and a Rs 1.45-lakh-crore giveaway following the reduction in corporate tax rate. Officials said the strategic sale of state-owned units is key not only to meet the divestment target but also to garner additional revenue, which can offset lower collections under other heads.<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,215,148],"tags":[],"class_list":["post-294652","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-telegraph","category-the-telegraph"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/294652","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=294652"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/294652\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=294652"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=294652"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=294652"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}