Page 6 of fiscal deficit

H1 fiscal deficit at 37.3% of estimate for current fiscal

Total expenditure rose 24% on year in September 2022, led by an 18% rise in revenue expenditure and a sharp…

November 1, 2022 02:15 IST

fiscal deficit target, budget estimate, budget 2022-23,

No breach of fiscal deficit target of 6.4% seen: Budget spending in FY23 to exceed BE by Rs 2 trillion

According to officials, the savings are mostly under centrally sponsored schemes and central sector schemes as the government has tightened…

October 31, 2022 02:00 IST

India GDP to grow at 7%, inflation seen at 6.8% in FY23; RBI to hike repo rate 25-35 bps in Dec meeting

IMF has warned of a possible $4 trillion loss in global economic output between now and 2026. Given the conditions…

October 27, 2022 12:33 IST

Fiscal deficit, Fiscal deficit in April, Fiscal deficit in August, Fiscal deficit receipts,

Fiscal deficit at 32.6% of FY23 BE in Apr-Aug: August tax receipts down 8%, spending falls by 3%

The Centre has released two installments of tax devolution to state governments amounting to Rs 1.17 trillion in August, as…

October 1, 2022 02:45 IST

The tax revenue stood at about Rs 7 lakh crore or 36.2 per cent of this year's BE.

Fiscal deficit touches 32.6 pc of annual target till August this fiscal: Official data

In actual terms, the fiscal deficit — the difference between expenditure and revenue — was Rs 5,41,601 crore during the…

September 30, 2022 17:20 IST

The finance ministry said the government will do total borrowing of Rs 5.92 trillion during H2FY23, including from issuance of its maiden Sovereign Green Bonds of Rs 16,000 crore.

Fiscal deficit target intact despite PMGKSY extension: Finmin

On the other hand, the Centre will also make some savings on the Central Sector Schemes as it has asked…

September 30, 2022 03:15 IST

In effect, the Centre has made savings of a similar amount from the current financial year’s allocation for these schemes.

Deficit target in focus despite extra subsidy outgo: Use-or-return norm for funds to help Centre save a tidy sum

Centre retrieves Rs 40,000-cr lying unused with state treasuries for CSS funding

September 29, 2022 04:30 IST

Fiscal risk reappraisals ahead Premium Story

Instead of becoming complacent over the current showing, we should ask if macro-strengths will hold in a perilous environment.

Updated: September 20, 2022 09:45 IST

India’s April-June fiscal deficit at Rs 3.4 lakh crore, touches 20.5% of annual target

The central government’s fiscal deficit touched 20.5 per cent of the annual target at the end of July 2022-23 against…

Updated: August 31, 2022 17:12 IST

A boost for states’ capex

Total expenditure is likely to rise to Rs 41.54 trillion from Rs 30.05 trillion during the same period.

August 10, 2022 05:10 IST

Need to manage subsidies in targeted manner to contain fiscal deficit: Government sources

In addition, the Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY) has been extended by six months till September 2022 to…

July 17, 2022 11:14 IST

Govt to stick to 6.4% fiscal deficit target for FY23

In FY22, the Centre reined in the fiscal deficit at 6.7% of GDP. It’s planning to reduce the deficit steadily…

July 5, 2022 03:15 IST

In April-May 2022, net-tax revenue grew 31.7% on year as against an annual average growth requirement of 6.3% to achieve FY23 target of Rs 19.35 trillion.

Fiscal deficit at 12.3% of annual target in April-May

The data released by the Controller General of Accounts on Thursday put the Centre’s fiscal deficit for April-May of FY23…

July 1, 2022 06:00 IST

Fiscal deficit is the difference between total expenditure and revenue of the government. It is an indication of the total borrowings that are needed by the government.

Centre’s fiscal deficit at 12.3 pc of full year target in May: Official data

As per the data, the total receipts of the government at the end of May was at Rs 3.81 lakh…

June 30, 2022 17:35 IST

Share Market Highlights: Sensex surges 900 pts, Nifty ends above 15600; Titan, SBI, TCS top gainers

Share Market News Today | Sensex, Nifty, Share Prices Highlights: Indian equity markets ended higher for a second consecutive day.…

Updated: June 21, 2022 16:15 IST

Fiscal deficit for 2021-22 at 6.7% of GDP, lower than earlier estimate: CGA

For the last financial year, the government had initially pegged the fiscal deficit at 6.8 per cent of the GDP…

Updated: May 31, 2022 18:12 IST

"While setting the fiscal deficit level in 2022-23, I am conscious of the need to nurture growth, through public investment, to become stronger and sustainable," she had said.

Duty cut on petrol, diesel to put pressure on fiscal deficit: Experts

The government on Saturday cut excise duty on petrol by a record Rs 8 per litre and that on diesel…

May 23, 2022 20:20 IST

FM Sitharaman’s fuel tax cut will tame inflation but hurt Budget math; fiscal deficit may overshoot to 6.9%

Barclays said tax cuts on motor fuels could shave at least 20 basis points off headline CPI while the subsidy…

May 23, 2022 10:43 IST

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