
Union Budget 2023: She also said that tax receipts for the next fiscal are budgeted at Rs 23.3 lakh crore…
Finance Minister Nirmala Sitharaman all set to present Union Budget 2023 in Parliament at 11 AM. Here are 10 things…
Prime Minister Narendra Modi, who rides an enduring wave of popularity as his second term is coming to a close,…
When Finance Minister Nirmala Sitharaman presents this year’s budget on Feb. 1, she faces the daunting task of balancing a…
Capital expenditure grew 87% on year in April-November thanks to the transfers of capex loans to states, while revenue spending…
Core inflation has held steady at about 6% in the consumer price index even though retail inflation dropped below the…
Says govt closely monitoring inflation; targeted Covid relief helped avert recession
Govt rules out stagflation fears
While impressive in its pace, the economic recovery, in level terms, remains significantly below that implied by the pre-pandemic growth…
Deficit likely to be reined in at targeted 6.4%
India will seek to reduce the fiscal gap by 30 bps to 6.4% of the GDP, instead of 6.7% during…
What complicates matters for Sitharaman is that her food and energy bills are inflated by the war in Ukraine and…
Total expenditure rose 24% on year in September 2022, led by an 18% rise in revenue expenditure and a sharp…
According to officials, the savings are mostly under centrally sponsored schemes and central sector schemes as the government has tightened…
IMF has warned of a possible $4 trillion loss in global economic output between now and 2026. Given the conditions…
The Centre has released two installments of tax devolution to state governments amounting to Rs 1.17 trillion in August, as…
In actual terms, the fiscal deficit — the difference between expenditure and revenue — was Rs 5,41,601 crore during the…
On the other hand, the Centre will also make some savings on the Central Sector Schemes as it has asked…
Centre retrieves Rs 40,000-cr lying unused with state treasuries for CSS funding
Instead of becoming complacent over the current showing, we should ask if macro-strengths will hold in a perilous environment.
The central government’s fiscal deficit touched 20.5 per cent of the annual target at the end of July 2022-23 against…
Total expenditure is likely to rise to Rs 41.54 trillion from Rs 30.05 trillion during the same period.
Loading…
Something went wrong. Please refresh the page and/or try again.
Adoption of a fiscal deficit target range before achieving the 3 per cent goal will be considered as a “shallower…
What is wrong with Narendra Modi govt’s fiscal deficit roadmap? Check out P Chidambaram’s 5 key points: Narendra Modi government’s…
Domestic market ended the truncated week on a note of optimism, with the 50 bps rate cut by RBI leading…