[ad_1] MUMBAI: States have budgeted 36 per cent greater capital expenditure throughout this monetary 12 months, which can result in a pointy rise of their fiscal deficit to Rs 8.4 lakh crore, a report mentioned on Friday. Registering a rise of 34.1 per cent from the pre-pandemic (FY20) ranges, 26 Read more…
[ad_1] In accordance with the company, 26 giant states, excluding Assam, are on target to spend Rs 6.8 lakh crore or 35.8 per cent extra this fiscal in capital expenditure over FY22 when it stood at Rs 5 lakh crore Representational picture. Reuters Mumbai: States have budgeted 36 per cent Read more…
[ad_1] Mumbai: States have budgeted 36 per cent increased capital expenditure throughout this monetary 12 months, which can result in a pointy rise of their fiscal deficit to Rs 8.4 lakh crore, a report mentioned Friday. Registering a rise of 34.1 per cent from the pre-pandemic (FY20) ranges, 26 giant Read more…
[ad_1] States have budgeted 36 per cent greater capital expenditure throughout this monetary 12 months, which can result in a pointy rise of their fiscal deficit to Rs 8.4 lakh crore, a report mentioned on Friday. Registering a rise of 34.1 per cent from the pre-pandemic (FY20) ranges, 26 massive Read more…
[ad_1] PTI Mumbai July 15, 2022 20:30 IST Up to date: July 15, 2022 20:30 IST PTI Mumbai July 15, 2022 20:30 IST Up to date: July 15, 2022 20:30 IST States have budgeted 36% greater capital expenditure throughout this monetary 12 months, which can result in a pointy rise Read more…
[ad_1] States have budgeted 36 per cent larger capital expenditure throughout this monetary 12 months, which can result in a pointy rise of their fiscal deficit to Rs 8.4 lakh crore, a report stated on Friday. Registering a rise of 34.1 per cent from the pre-pandemic (FY20) ranges, 26 massive Read more…
[ad_1] PTI Panaji, June 11 The variety of earnings tax returns has elevated in FY22 over the earlier fiscal, Central Board of Direct Taxes Chairman Sangeeta Singh mentioned on Saturday. Speaking to PTI, Singh mentioned the variety of earnings tax returns final fiscal was 7.14 crore towards 6.9 crore within Read more…
[ad_1] India’s fiscal deficit at 6.7% of GDP in FY 22 vs revised estimate of 6.9% New Delhi: India’s fiscal deficit for the monetary 12 months 2021-22 is estimated at Rs 15.87 lakh crore or 6.71 per cent of the gross home product (GDP). That is decrease than the 6.9 Read more…
[ad_1] Assam has recorded a decline in its progress charge whereas its fiscal deficit, excellent debt and public debt have elevated considerably on the finish of 2019-20, a Comptroller and Auditor (CAG) report on state finance for the interval stated on Friday. The report, Read more…
[ad_1] Fiscal consolidation (FC) in a recession is contextually very completely different for rising market economies like India from FC in instances of regular progress. TO READ THE FULL STORY, SUBSCRIBE NOW NOW AT JUST RS 249 A MONTH. Key tales on business-standard.com Read more…
[ad_1] AROUND 90 authorities infrastructure initiatives will likely be opened to public-private partnership (PPP) within the bid of the present administration to “enlarge” its fiscal house with out sacrificing its infrastructure targets, based on the Division of Finance (DOF). In a information convention final Wednesday, Finance Secretary Benjamin E. Diokno Read more…
[ad_1] The Chhattisgarh authorities is within the strategy of making ready a street map to strengthen monetary administration as a way to meet the growing expenditure. Within the 9 months because the Bhupesh Baghel-led Congress authorities assumed workplace, the state has needed to incur Read more…
[ad_1] New Delhi: The efficiency of the Bharatiya Janata Get together-led Assam authorities on the Centre’s flagship rural job assure scheme, MGNREGA, has been wanting when it comes to creating 100 days employment in rural areas which can be within the grip of agrarian misery. With solely 5 months left Read more…
[ad_1] A latest research by the Reserve Financial institution of India (RBI) highlighted the fiscal dangers confronting the state governments in India. Whereas the Covid-19 pandemic stretched the funds of the state governments attributable to collapse in revenues and improve in expenditures, the tendency to spend on freebies, revival of Read more…
[ad_1] The Punjab authorities of the Aam Aadmi Get together (AAP) has offered its first finances within the Meeting. The budgets of the Central and state governments are accounted for by way of the guarantees they made to the folks earlier than they shaped the federal government after profitable the Read more…