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The government’s tax revenue in FY22 increased by 34% to 27 lakh crores, exceeding the target by 5 lakh crores

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The government’s tax revenue in FY22 increased by 34% to 27 lakh crores, exceeding the target by 5 lakh crores

The Union government’s total tax revenue jumped 34% to ₹27.07 lakh crore in 2021-22, according to provisional official data. The revenue collections in the previous financial year were  ₹ 20.27 lakh crore. High revenue collections are led by 49% growth in direct taxes and 20 per cent growth in indirect taxes.

Direct tax collections in the financial year ended March 31, 2022 is ₹14.10 lakh crore and indirect tax at  12.90 lakh crore. The decrease in tax collection in the two years 2019-20 and 2020-21 is due to the disruption in economic activity.

India’s Finance Ministry has praised the tax-efficient steps taken by the government under its mission to push for a Digital India. E-way bills, pre-filled tax returns and use of data analytics and artificial intelligence have helped reduce tax evasions, it said.

Lifestyle

10 best activities hacks for the better lifestyle for Business Managers.

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10 best activities hacks for the better lifestyle for Business Managers.

Business managers, known for their dynamic and demanding roles, are now adopting innovative activity hacks to improve their lifestyle and well-being. Recognizing the importance of work-life balance and personal wellness, these leaders are implementing a range of activities to foster physical health, mental clarity, and overall satisfaction in their professional and personal lives.

Mindfulness at Work lifestyle

Business managers are incorporating mindfulness practices, such as meditation and deep breathing exercises, into their daily routines to reduce stress and increase focus in high-pressure situations.

Regular Exercise Breaks

Amid tight schedules, managers are embracing short exercise breaks, such as brisk walks or stretching exercises, to stay active throughout the day and boost their energy levels.

Nutrition and Healthy Eating

Prioritizing their well-being, managers are adopting healthier eating habits, including nutritious snacks and well-balanced meals, to sustain their energy during demanding workdays.

Time Management Workshops

Business managers are attending time management workshops to enhance their organizational skills, enabling them to efficiently juggle multiple responsibilities and achieve better work-life integration.

Skill Development Seminars

Recognizing the value of continual growth, managers are attending skill development seminars to stay updated on industry trends and enhance their leadership abilities.

Flexible Work Arrangements

Some forward-thinking companies are offering flexible work arrangements to business managers, providing the freedom to create a more harmonious work-life balance.

Social Engagement

Building a sense of camaraderie, managers are engaging in team-building activities and networking events to foster positive relationships within their professional circles.

Unplugging from Technology: In a digital era, managers are prioritizing personal time by unplugging from technology during non-working hours, allowing for genuine relaxation and recharging.

Pursuing Hobbies and Interests

Managers are rediscovering their passions outside of work, be it painting, gardening, or playing a musical instrument, to unwind and find fulfillment beyond their professional roles.

Encouraging Employee Wellness

Some managers are also promoting wellness initiatives within their teams, encouraging their employees to embrace similar activity hacks and lead healthier lives.

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