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News & Analysis · 19 June 2026 · Indian Economy

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19 June 2026

GS-3News & Analysis19 Jun 2026thehindu.com

Tariff, investment regulation required with competition in power market: S&P Global

S&P Global researchers suggest that government regulation on tariffs and investments is crucial to complement competition in India's power market, especially for transmission and distribution, which are natural monopolies requiring substantial capital. The article highlights the concentration of large conglomerates in renewable power and advocates for incentivizing MSME investments. It also stresses the need for market structure and design reforms, linking energy reforms to geopolitical risks and their economic spillovers.

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GS-3News & Analysis19 Jun 2026thehindu.com

Direct tax mop-up grows over 14% to over ₹5.21 lakh crore on higher advance tax payments

India's net direct tax collection grew by 14.64% to over ₹5.21 lakh crore till June 17 of the current fiscal year, driven by higher advance tax payments from corporates. Net corporate tax collection increased by 22% to ₹2.08 lakh crore, while non-corporate tax (NCT) grew by 8% to ₹2.94 lakh crore. Securities Transaction Tax (STT) saw a significant 45% rise to ₹18,856 crore. Advance tax collection itself grew by 15.30%. Experts view this growth as an indicator of strong corporate sector performance, improved business confidence, and a positive sign for the government's fiscal deficit targets.

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