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Thursday, March 28, 2024
TopicFiscal deficit

Topic: fiscal deficit

Record Rs 1.13 trillion GST collection in April is an exception rather than the rule

Govt needs to more stringently implement programmes to discourage tax evasion & boost compliance of direct & indirect taxes to make this a trend.

Currency, forex, growth in free fall: Economy is Pakistan’s real crisis, IMF only saviour

Pakistan has reserves for just two months of imports, and also faces a current account, fiscal deficit, inflation crisis.

Modi govt unlikely to meet fiscal deficit target as tax collections fall short

Direct tax collections are estimated at around Rs 11.25 lakh crore against a target of Rs 12 lakh crore.

What Rahul Gandhi missed out when he promised higher GDP expenditure on education, NYAY

If Rahul Gandhi's promises are kept without cutting other spending, government would be borrowing an amount equal to its total borrowing today.

Rahul Gandhi’s NYAY raises too many questions & is not the answer to ending poverty

In an economy where biggest problem is employment, poverty reduction by income transfers is just a palliative. It needs to come with growth & jobs.

Congress party’s minimum-income scheme for the poor is short on funding details

The plan has left economists wondering how this would be rolled out without breaching the budget deficit goal of 3.4% of GDP for the fiscal year starting April. 

India’s fiscal deficit widens as govt overestimates revenue

India is set to miss budget deficit target for a second straight year by overestimating the income it expects to receive from taxes, asset sales and other sources.

Time for RBI to cut interest rates, says NITI Aayog’s Rajiv Kumar

Modi govt’s expansionary budget is bound to pose a challenge for RBI Governor Shaktikanta Das, who’s chairing his first Monetary Policy Committee meeting.

How borrowings outside the budget hide the real deficit numbers

A fine print reading of 2019 budget shows off-budget borrowings are on the rise. ThePrint takes a look at what that means.

Chidambaram slams interim budget as ‘account for votes’ and not ‘vote on account’

Taking to Twitter after Piyush Goyal presented the interim budget, senior Congress leader P Chidambaram said the NDA missed the fiscal deficit target.

On Camera

Profit margins in lottery industry are tiny. Here’s how Future Gaming paid for its electoral bonds

Neither state govts nor companies earn large profits from lotteries. However, a look at the system shows there’s ample evidence of murky dealings and financial irregularities. 

Amid plans to lift AFSPA, Army starts joint training with Jammu & Kashmir Police

In an interview with Gulistan News this week, Union Home Minister Amit Shah said the government would leave law and order to J&K Police and slowly withdraw troops.

For BJP, Kejriwal is an idea whose time has come to be destroyed

The ‘idea’ Kejriwal's politics grew around was a no-holds-barred fight against corruption. That is the reason Modi govt has now tarred him and his entire party with the same paint.