scorecardresearch
Thursday, August 28, 2025
TopicController General of Accounts

Topic: Controller General of Accounts

Tax collections slow sharply in Q2, but govt finances to benefit from budget tricks & an unlikely ally

Slump in corporate sector, overall slowdown in economy are key reasons, but analysts assure the slowdown is not likely to impact govt's fiscal projection for the year.

Centre’s fiscal deficit stood at 18.2% of budget estimate for FY22 at end of June

In absolute terms, the fiscal deficit was at Rs 2,74,245 crore. For the current financial year, the government expects the fiscal deficit at 6.8% of GDP or Rs 15,06,812 crore.

Fiscal deficit for 2020-21 at 9.3% of GDP, lower than estimated by finance ministry

The government had initially pegged the fiscal deficit at Rs 7.96 lakh crore or 3.5 per cent of the GDP in the budget presented in February 2020.

On Camera

India’s gallantry awards system needs reform in standoff era. Operation Sindoor shows why

The casualty list of the personnel killed or wounded during Op Sindoor has not been formally published. The public has been denied the opportunity to stand by and honour the families of the fallen.

All bets off as online gaming bill shakes industry & key players suspend ‘gambling’ on their platforms

The new law, which the government has framed as a moral duty, forced major platforms like Dream11 & Zupee to shut operations, wiping out hundreds of crores in market capitalisation. 

Post-Sindoor, joint doctrine tasks Special Forces with fighting info warfare & countering propaganda

Joint Doctrine for Special Forces Operations, released Wednesday, also outlines plans for the future expansion of AFSOD and the creation of Joint Service Training Institutes.

That Oval Office picture for ages deserves closer Indian reading, with a geopolitical lens

Putin sees this as a victory. Europeans have decided to deal with Trump on his terms for the sake of the larger Western alliance. We look at the lessons for us in India.