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Sign in to searchSummary of Important News Items Editorials-335
Summary of Important News Items Editorials-335
INDIAN EXPRESS DATED 11th May 2026.
(for reading INDIAN EXPRESS News items from 1 to 334 please visit -
web.prernaforias.com)
1. Special Tax Recovery Drive Amid Fiscal Pressures:
With rising committed expenditures and slowing revenue growth, the Income Tax department has launched a "Central Action Plan for 2026-27" to intensify tax recovery. The department is prioritizing the recovery of ₹2.57 lakh crore in confirmed demands upheld by appellate authorities in FY26. This move follows a shortfall in direct tax receipts for FY26, where actual collections were approximately ₹80,594 crore below revised estimates. The logic behind this drive is to strengthen demand management and monitor large non-compliant taxpayers to improve fiscal health in FY27.
2. India's Stand on the Indus Waters Treaty:
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Indian Express news summary covering tax recovery drive, Indus Waters Treaty abeyance, West Bengal political violence, Supreme Court hate speech ruling, Pakistan security crisis, and Iran-US negotiations.
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