Revenue Deficits
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Asian Development Bank Forecasts India's Growth At 6.5% For FY26
Despite a strong 7.8 per cent growth in the first quarter, the Indian economy is expected to grow at 6.5 per cent in the current financial year ADB said on Tuesday.
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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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"Who Paid For Freebies?" Rekha Gupta, Atishi Face Off In Delhi Assembly
The Delhi Assembly witnessed a no-holds-barred showdown on Thursday as Chief Minister Rekha Gupta and Leader of Opposition Atishi clashed over a report by the Comptroller and Auditor General.
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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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Fiscal Deficit, GDP, Tax Reforms And More: 10 Budget Keywords
Finance Minister Nirmala Sitharaman will present the Union Budget 2025 on Saturday. The Budget is a crucial document that contains information about the government's financial policies, expenditure plans, and revenue for the next fiscal y
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Turned Telangana Into "Debt-Ridden" State: Union Minister Attacks KCR
Telangana, which was a revenue surplus state when it was formed in 2014 became a revenue deficit state and the "credit" goes to Chief Minister K Chandrasekhar Rao, Union Finance Minister Nirmala Sitharaman alleged on Tuesday.
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KCR's Big Spend On Poll Promises Burns Hole In Telangana's Fiscal Health
Telangana Chief Minister K Chandrasekhar Rao, it would appear, is in a more than generous mood.
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Tamil Nadu Government Presents Budget, Says Revenue Deficit Down By 50%
The Tamil Nadu government on Monday presented its Budget 2023-24 in the Assembly and said reform initiatives have led to a reduction in revenue deficit from about Rs 62,000 crore to Rs 30,000 crore.
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Finance Ministry Releases Rs 7,183 Crore Grant To 14 States
"The Department of Expenditure, Ministry of Finance has on Thursday released the 7th monthly instalment of Post Devolution Revenue Deficit (PDRD) Grant of Rs 7,183.42 crore to 14 states," the ministry said.
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Centre Releases Rs 7,183 Crore As Revenue Deficit Grant To 14 States
The central government on Tuesday released Rs 7,183.42 crore as revenue deficit grant to 14 states including Andhra Pradesh, Kerala, Assam, Rajasthan and West Bengal.
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Released Rs 22,111.88 Crore To Andhra: Centre Tells High Court
The Centre on Thursday informed the Andhra Pradesh High Court that it has released Rs 22,111.88 crore as post-devolution revenue deficit grant and another Rs 16,510 crore under different heads, including capital city development, to the state during 2014-20.
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Important For India To Keep Fiscal Deficit In Check: IMF Chief Economist Gita Gopinath
It is important for India to keep fiscal deficit in check, even though its revenue projections look optimistic, Chief Economist of the International Monetary Fund or IMF Gita Gopinath has said.
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NITI Aayog Says Concerned Over Andhra Pradesh's "Huge" Revenue Deficit
NITI Aayog Vice-Chairman Rajiv Kumar on Friday expressed concern over Andhra Pradesh's "huge" revenue deficit and increasing unbudgeted expenditure even as the YSRC government pitched for "liberal" assistance from the national planning body as well as the 15th Finance Commission, citing losses due to the state's bifurcation.
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"One Of The Most Opaque": P Chidambaram On Nirmala Sitharaman's Budget Speech
The budget speech by Union minister Nirmala Sitharaman is one of the "most opaque ever" former finance minister P Chidambaram said, pointing out that it leaves out all crucial information regarding the government's expenditure, revenue, fiscal deficit, and even the allocation for the defence sector.
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Maharashtra Government Presents Rs 20,292 Crore Revenue Deficit Budget
Maharashtra government today presented an additional budget for 2019-20 with a revenue deficit of Rs 20,292.94 crore, higher than last year's deficit of Rs 14,960.04 crore.
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Asian Development Bank Forecasts India's Growth At 6.5% For FY26
Despite a strong 7.8 per cent growth in the first quarter, the Indian economy is expected to grow at 6.5 per cent in the current financial year ADB said on Tuesday.
-
'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
-
"Who Paid For Freebies?" Rekha Gupta, Atishi Face Off In Delhi Assembly
The Delhi Assembly witnessed a no-holds-barred showdown on Thursday as Chief Minister Rekha Gupta and Leader of Opposition Atishi clashed over a report by the Comptroller and Auditor General.
-
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.
-
Fiscal Deficit, GDP, Tax Reforms And More: 10 Budget Keywords
Finance Minister Nirmala Sitharaman will present the Union Budget 2025 on Saturday. The Budget is a crucial document that contains information about the government's financial policies, expenditure plans, and revenue for the next fiscal y
-
Turned Telangana Into "Debt-Ridden" State: Union Minister Attacks KCR
Telangana, which was a revenue surplus state when it was formed in 2014 became a revenue deficit state and the "credit" goes to Chief Minister K Chandrasekhar Rao, Union Finance Minister Nirmala Sitharaman alleged on Tuesday.
-
KCR's Big Spend On Poll Promises Burns Hole In Telangana's Fiscal Health
Telangana Chief Minister K Chandrasekhar Rao, it would appear, is in a more than generous mood.
-
Tamil Nadu Government Presents Budget, Says Revenue Deficit Down By 50%
The Tamil Nadu government on Monday presented its Budget 2023-24 in the Assembly and said reform initiatives have led to a reduction in revenue deficit from about Rs 62,000 crore to Rs 30,000 crore.
-
Finance Ministry Releases Rs 7,183 Crore Grant To 14 States
"The Department of Expenditure, Ministry of Finance has on Thursday released the 7th monthly instalment of Post Devolution Revenue Deficit (PDRD) Grant of Rs 7,183.42 crore to 14 states," the ministry said.
-
Centre Releases Rs 7,183 Crore As Revenue Deficit Grant To 14 States
The central government on Tuesday released Rs 7,183.42 crore as revenue deficit grant to 14 states including Andhra Pradesh, Kerala, Assam, Rajasthan and West Bengal.
-
Released Rs 22,111.88 Crore To Andhra: Centre Tells High Court
The Centre on Thursday informed the Andhra Pradesh High Court that it has released Rs 22,111.88 crore as post-devolution revenue deficit grant and another Rs 16,510 crore under different heads, including capital city development, to the state during 2014-20.
-
Important For India To Keep Fiscal Deficit In Check: IMF Chief Economist Gita Gopinath
It is important for India to keep fiscal deficit in check, even though its revenue projections look optimistic, Chief Economist of the International Monetary Fund or IMF Gita Gopinath has said.
-
NITI Aayog Says Concerned Over Andhra Pradesh's "Huge" Revenue Deficit
NITI Aayog Vice-Chairman Rajiv Kumar on Friday expressed concern over Andhra Pradesh's "huge" revenue deficit and increasing unbudgeted expenditure even as the YSRC government pitched for "liberal" assistance from the national planning body as well as the 15th Finance Commission, citing losses due to the state's bifurcation.
-
"One Of The Most Opaque": P Chidambaram On Nirmala Sitharaman's Budget Speech
The budget speech by Union minister Nirmala Sitharaman is one of the "most opaque ever" former finance minister P Chidambaram said, pointing out that it leaves out all crucial information regarding the government's expenditure, revenue, fiscal deficit, and even the allocation for the defence sector.
-
Maharashtra Government Presents Rs 20,292 Crore Revenue Deficit Budget
Maharashtra government today presented an additional budget for 2019-20 with a revenue deficit of Rs 20,292.94 crore, higher than last year's deficit of Rs 14,960.04 crore.
