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Tag: tax revenue

Govt’s fiscal deficit rises to 39.3% of annual target in first half of FY24

Posted on October 31, 2023 By admin
Govt’s fiscal deficit rises to 39.3% of annual target in first half of FY24

Central government’s fiscal deficit touched 39.3% of the full year target in the first half of the current financial year, slightly higher than 37.3% recorded in the year-ago period. In actual terms, the fiscal deficit or the gap between expenditure and revenue worked out at ₹7.02 lakh crore at the end of September 2023, showed…

Read More “Govt’s fiscal deficit rises to 39.3% of annual target in first half of FY24” »

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Govt’s fiscal deficit rises to 39.3% of annual target in first half of FY24

Posted on October 31, 2023 By admin
Govt’s fiscal deficit rises to 39.3% of annual target in first half of FY24

Central government’s fiscal deficit touched 39.3% of the full year target in the first half of the current financial year, slightly higher than 37.3% recorded in the year-ago period. In actual terms, the fiscal deficit or the gap between expenditure and revenue worked out at ₹7.02 lakh crore at the end of September 2023, showed…

Read More “Govt’s fiscal deficit rises to 39.3% of annual target in first half of FY24” »

Business

Data | The risk of small States’ heavy reliance on the Union government

Posted on July 19, 2023 By admin
Data | The risk of small States’ heavy reliance on the Union government

Small States must prioritise raising their own revenue to reduce their dependency on the Union government The fiscal situation of India’s States has garnered significant attention in recent times. Despite ample data on State finances, most of the analysis is centred around larger States. There needs to be more discussion on the fiscal position of…

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