Fiscal Deficit Target
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Fiscal Deficit 4.3% Of GDP In FY27, Capex At Rs 12.2 Lakh Crore: Nirmala Sitharaman
Finance Minister Nirmala Sitharaman on Sunday announced that the fiscal deficit for fiscal year 2027 is estimated at 4.3% of India's GDP, in line with the government's plan to bring down the deficit below 4.5% by 2025-26.
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Capex Up, Tax Holiday For Data Centres, Cheaper Cancer Drugs: Nirmala Sitharaman's Budget
In a 124-minute speech - after which the Sensex crashed by over 1,600 points before recovering slightly- Finance Minister Nirmala Sitharaman announced increased capex of Rs 12.2 lakh crore for FY27 and targeted fiscal deficit of 4.3 per cent of GDP.
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Pakistan's Debt Crosses 70% Of GDP As Fiscal Deficit Blows Past Target
Pakistan's finance ministry has admitted that "public debt dynamics remained a key challenge" during the last fiscal year, as the increase in total public debt was "driven mainly by higher interest payments and exchange rate movements".
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Centre's Fiscal Deficit Crosses 62% Of Full-Year Budget Target In November
The Centre's fiscal deficit at the end of November stood at Rs 9.76 lakh crore, or 62.3 per cent of the annual budget target for 2025-26, compared to 52.5 per cent in the year-ago period, according to government data released on Wednesday.
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'Spurt In Consumption To Meet Fiscal Deficit Target Of 4.4%': Nirmala Sitharaman
Finance Minister Nirmala Sitharaman has expressed confidence that revenue buoyancy driven by spurt in consumption will take care of the estimated GST shortfall of Rs 48,000 crore following reduction in tax rates on a host of items
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Pakistan Misses 3 Out Of 5 IMF Targets Before 2nd Review Of $7 Billion Loan
Pakistan has missed three out of the five targets set by the International Monetary Fund (IMF) for the second review of the USD 7 billion bailout package, a media report said on Wednesday.
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Country On Track To Achieve 4.5% Fiscal Deficit, Says Finance Minister
Union Finance Minister Nirmala Sitharaman has said the government is on track to achieve the target of 4.5 per cent fiscal deficit by 2025-26.
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Rupee At All-Time Low, Finance Ministry Sources Say Not Due To Economy
Despite the decision to extend the free ration scheme for the seventh time, the fiscal deficit will still meet the budget target of 6.4 per cent of the GDP for this year, a Finance Ministry official added.
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"We Are Only In May": Finance Minister On Revising Fiscal Deficit Target
Finance Minister Nirmala Sitharaman on Sunday said the government will give out a new fiscal deficit target later as she announced the last batch of measures under the centre's stimulus programme in response to the coronavirus crisis and the nationwide lockdown.
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Budget 2020: Government Revises 2019-20 Fiscal Deficit Target To 3.8% From 3.3%
Finance Minister Nirmala Sitharaman on Saturday revised the country's fiscal deficit target to 3.8% for the current fiscal year, from an earlier target of 3.3%.
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Economic Survey Sees Pick Up In Growth But Calls For Expansionary Policy
The Economic Survey on Friday projected revival of economic growth to 6-6.5 per cent in the next fiscal beginning April 1 but suggested the government to relax the budget deficit target to boost growth from a decade low.
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Government May Ask For Rs 30,000 Crore Interim Dividend From RBI: Report
The government may request an interim dividend of around Rs 30,000 crore from the Reserve bank of India (RBI) in order to meet its fiscal deficit target, Mint newspaper reported on Sunday citing news agency Press Trust of India.
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"Not Revising Target": Nirmala Sitharaman On Fiscal Deficit After Tax Cut
The government will not revise its fiscal deficit target immediately and is not planning any spending cuts at this stage, Finance Minister Nirmala Sitharaman said on Sunday, after slashing corporate tax rates to boost a flagging economy.
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Budget 2019: Government Lowers Fiscal Deficit Target To 3.3% For FY20
"The fiscal deficit this year is 3.3 per cent brought down from 3.4 per cent," Finance Minister said while presenting Budget for 2019-20.
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Not Vote On Account But Account For Votes: P Chidambaram
The senior Congress leader claimed that the government had missed the fiscal deficit target, as warned by him earlier.
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Fiscal Deficit 4.3% Of GDP In FY27, Capex At Rs 12.2 Lakh Crore: Nirmala Sitharaman
Finance Minister Nirmala Sitharaman on Sunday announced that the fiscal deficit for fiscal year 2027 is estimated at 4.3% of India's GDP, in line with the government's plan to bring down the deficit below 4.5% by 2025-26.
-
Capex Up, Tax Holiday For Data Centres, Cheaper Cancer Drugs: Nirmala Sitharaman's Budget
In a 124-minute speech - after which the Sensex crashed by over 1,600 points before recovering slightly- Finance Minister Nirmala Sitharaman announced increased capex of Rs 12.2 lakh crore for FY27 and targeted fiscal deficit of 4.3 per cent of GDP.
-
Pakistan's Debt Crosses 70% Of GDP As Fiscal Deficit Blows Past Target
Pakistan's finance ministry has admitted that "public debt dynamics remained a key challenge" during the last fiscal year, as the increase in total public debt was "driven mainly by higher interest payments and exchange rate movements".
-
Centre's Fiscal Deficit Crosses 62% Of Full-Year Budget Target In November
The Centre's fiscal deficit at the end of November stood at Rs 9.76 lakh crore, or 62.3 per cent of the annual budget target for 2025-26, compared to 52.5 per cent in the year-ago period, according to government data released on Wednesday.
-
'Spurt In Consumption To Meet Fiscal Deficit Target Of 4.4%': Nirmala Sitharaman
Finance Minister Nirmala Sitharaman has expressed confidence that revenue buoyancy driven by spurt in consumption will take care of the estimated GST shortfall of Rs 48,000 crore following reduction in tax rates on a host of items
-
Pakistan Misses 3 Out Of 5 IMF Targets Before 2nd Review Of $7 Billion Loan
Pakistan has missed three out of the five targets set by the International Monetary Fund (IMF) for the second review of the USD 7 billion bailout package, a media report said on Wednesday.
-
Country On Track To Achieve 4.5% Fiscal Deficit, Says Finance Minister
Union Finance Minister Nirmala Sitharaman has said the government is on track to achieve the target of 4.5 per cent fiscal deficit by 2025-26.
-
Rupee At All-Time Low, Finance Ministry Sources Say Not Due To Economy
Despite the decision to extend the free ration scheme for the seventh time, the fiscal deficit will still meet the budget target of 6.4 per cent of the GDP for this year, a Finance Ministry official added.
-
"We Are Only In May": Finance Minister On Revising Fiscal Deficit Target
Finance Minister Nirmala Sitharaman on Sunday said the government will give out a new fiscal deficit target later as she announced the last batch of measures under the centre's stimulus programme in response to the coronavirus crisis and the nationwide lockdown.
-
Budget 2020: Government Revises 2019-20 Fiscal Deficit Target To 3.8% From 3.3%
Finance Minister Nirmala Sitharaman on Saturday revised the country's fiscal deficit target to 3.8% for the current fiscal year, from an earlier target of 3.3%.
-
Economic Survey Sees Pick Up In Growth But Calls For Expansionary Policy
The Economic Survey on Friday projected revival of economic growth to 6-6.5 per cent in the next fiscal beginning April 1 but suggested the government to relax the budget deficit target to boost growth from a decade low.
-
Government May Ask For Rs 30,000 Crore Interim Dividend From RBI: Report
The government may request an interim dividend of around Rs 30,000 crore from the Reserve bank of India (RBI) in order to meet its fiscal deficit target, Mint newspaper reported on Sunday citing news agency Press Trust of India.
-
"Not Revising Target": Nirmala Sitharaman On Fiscal Deficit After Tax Cut
The government will not revise its fiscal deficit target immediately and is not planning any spending cuts at this stage, Finance Minister Nirmala Sitharaman said on Sunday, after slashing corporate tax rates to boost a flagging economy.
-
Budget 2019: Government Lowers Fiscal Deficit Target To 3.3% For FY20
"The fiscal deficit this year is 3.3 per cent brought down from 3.4 per cent," Finance Minister said while presenting Budget for 2019-20.
-
Not Vote On Account But Account For Votes: P Chidambaram
The senior Congress leader claimed that the government had missed the fiscal deficit target, as warned by him earlier.
