Budget sticks to glide path with 4.4 pc fiscal deficit
1 month, 3 weeks ago

Budget sticks to glide path with 4.4 pc fiscal deficit

Deccan Chronicle  

Chennai: The government has managed to remain committed to its glide path towards fiscal consolidation by projecting 4.4 per cent fiscal deficit for FY26. Gross tax revenue is estimated at Rs 42.70 lakh crore, 10.8 per cent higher than RE FY25. Of this, direct taxes are Rs 25.20 lakh crore and indirect taxes Rs 17.40 lakh crore The Budget has allocated Rs 11.21 lakh crore or 3.1 per cent of GDP towards capital expenditure, up 0.9 per cent from FY25. Along with grants, effective capital expenditure is estimated at Rs 15.48 lakh crore or 4.3 per cent of GDP.

Budget Crore Cent Lakh Gdp Deficit Capital Expenditure Fy25 Estimated Fiscal Consolidation Glide Path Pc Fiscal Re Fy25  lakh  glide  deficit  sticks  estimated  44  cent  pc  fiscal  crore  gdp  budget  path  fy25  rs

History of this topic

Telangana Budget 2025-26: Key takeaways | In charts
Top News
5 days, 6 hours ago

Telangana Budget 2025-26: Key takeaways | In charts

The Hindu  

The Telangana State budget with an outlay of ₹3.05 lakh crores was presented by the Deputy Chief Minister Mallu Bhatti Vikramarka in the Assembly today. Receipts and Expenditure Revenue receipts stand at ₹2.3 lakh crores for 2025-26 budget estimates, up from ₹2.02 lakh crores last year. Revenue expenditure for social services increased from ₹81.1 thousand crores in 2024-25 to ₹1.1 …

Telangana Rising with Rs 3 lakh cr Budget
Top News
6 days, 7 hours ago

Telangana Rising with Rs 3 lakh cr Budget

Deccan Chronicle  

Hyderabad: Deputy Chief Minister and finance minister Mallu Bhatti Vikramarka on Wednesday presented the state's Budget for 2025-26 with an outlay of Rs 3,04,965 crore. The budget projected a revenue surplus of Rs 2,783 crore in 2025-26, which is lower than Rs 5,888.71 crore projected in revised estimates for 2024-25. The budget projected a fiscal deficit of Rs 54,009 crore …

Telangana Rising with Rs 3 lakh cr Budget
Top News
6 days, 7 hours ago

Telangana Rising with Rs 3 lakh cr Budget

Deccan Chronicle  

Hyderabad: Deputy Chief Minister and finance minister Mallu Bhatti Vikramarka on Wednesday presented the state's Budget for 2025-26 with an outlay of Rs 3,04,965 crore. The budget projected a revenue surplus of Rs 2,783 crore in 2025-26, which is lower than Rs 5,888.71 crore projected in revised estimates for 2024-25. The budget projected a fiscal deficit of Rs 54,009 crore …

Telangana Rising with Rs 3 lakh cr Budget
Top News
6 days, 7 hours ago

Telangana Rising with Rs 3 lakh cr Budget

Deccan Chronicle  

Hyderabad: Deputy Chief Minister and finance minister Mallu Bhatti Vikramarka on Wednesday presented the state's Budget for 2025-26 with an outlay of Rs 3,04,965 crore. The budget projected a revenue surplus of Rs 2,783 crore in 2025-26, which is lower than Rs 5,888.71 crore projected in revised estimates for 2024-25. The budget projected a fiscal deficit of Rs 54,009 crore …

Telangana Budget 2025-26 to be presented in Assembly on Wednesday
1 week ago

Telangana Budget 2025-26 to be presented in Assembly on Wednesday

The Hindu  

The stage is all set for the presentation of Telangana’s annual financial statement, budget, for the financial year 2025-26 in the Legislative Assembly on Wednesday. Deputy Chief Minister Mallu Bhatti Vikramarka, who holds the Finance portfolio, will present the budget in the House around noon on Wednsday even as the Finance department officials initiated efforts to fine tune the annual …

TN Budget 2025: Fiscal deficit to be 3 per cent of GSDP, says Finance Minister Thangam Thennarasu
1 week, 3 days ago

TN Budget 2025: Fiscal deficit to be 3 per cent of GSDP, says Finance Minister Thangam Thennarasu

New Indian Express  

CHENNAI: Finance Minister Thangam Thennarasu said the fiscal deficit of the state government is estimated to decrease to 3% of the GSDP during 2025-26. This is despite the state falling short of its last year’s target of total revenue receipts, which was revised downwards from Rs 2.99 lakh crore to Rs 2.93 lakh crore in the Revised Estimate 2024-25. The …

Outstanding borrowing will be ₹9,29,959 crore, says Finance Minister
1 week, 4 days ago

Outstanding borrowing will be ₹9,29,959 crore, says Finance Minister

The Hindu  

Tamil Nadu Finance Minister Thangam Thennarasu on Friday presented the Medium Term Fiscal Plan, which stated the State government has planned to borrow ₹1,62,096.76 crore during 2025-26 and make repayment of ₹55,844.53 crore. Mr. Thennarasu said Tamil Nadu remains a key growth engine, driven by a robust manufacturing base, rapid expansion in the services sector, and sustained public and private …

TN Budget 2025: State debt to rise to ₹9.29 lakh crore by March 2026
1 week, 4 days ago

TN Budget 2025: State debt to rise to ₹9.29 lakh crore by March 2026

New Indian Express  

CHENNAI: The debt burden of the Tamil Nadu government will burgeon to ₹9,29,959.30 crore by March 31, 2026, according to the budget documents for the year 2025-26. In view of the revenue augmentation measures, including improvement in tax administration and collection efficiency, the revenue deficit is expected to reduce to ₹31,282.23 crore in 2026-27 and subsequently reduce further to ₹18,026.48 …

A State under severe financial stress
1 week, 5 days ago

A State under severe financial stress

The Hindu  

The Andhra Pradesh government presented a Budget of more than ₹3.22 lakh crore for FY2025-26. Public debt, the total amount of money that a government borrows to fund its spending, is estimated to increase to ₹1.02 lakh crore in FY2025-26. According to experts, the surge in public debt is largely due to “freebies, fewer tax revenues, and meagre capital expenditure.” …

Govt seeks House nod for extra spending of ₹51,400 crore in FY25, mainly for subsidies
2 weeks ago

Govt seeks House nod for extra spending of ₹51,400 crore in FY25, mainly for subsidies

Live Mint  

New Delhi: Finance minister Nirmala Sitharaman on Monday sought Parliament’s approval for a net additional spending of ₹51,463 crore in FY25 to meet funding requirements of mainly fertilizer, food and cooking gas subsidy and defence pension. The government also sought House approval for an extra ₹6.27 trillion spending, mainly for repayment of debt, which does not involve additional cash outgo …

Karnataka Budget 2025-26 key highlights: Infographics
Trending News
2 weeks, 4 days ago

Karnataka Budget 2025-26 key highlights: Infographics

The Hindu  

Karnataka Chief Minister Siddaramaiah presented the State budget for 2025-26 in the legislature today, outlining how his government plans to spend around ₹4.09 lakh crore in the coming year. Mr. Siddaramaiah laid out six key focus areas in his budget speech - “people-oriented” welfare initiatives, agriculture and rural development, increased investment in infrastructure, health and education, urban development, job creation …

Karnataka budget 2025 presented by CM Siddaramaiah: Outlay crosses ₹4 lakh crore for the first time
Top News
2 weeks, 4 days ago

Karnataka budget 2025 presented by CM Siddaramaiah: Outlay crosses ₹4 lakh crore for the first time

The Hindu  

Karnataka’s budget outlay has for the first time crossed ₹4 lakh crore. In his 16th budget Chief Minister Siddaramaiah presented on Friday for the fiscal year 2025-26, the total budget outlay has been estimated to be ₹4,09,549 crore. Follow for live updates on Karnataka Budget 2025-26 The budget outlay includes revenue expenditure of ₹3,11,739 crore, capital expenditure of ₹71,336 crore …

GDP revision gives govt extra fiscal headroom for FY25 accounts; second supplementary demands next week
2 weeks, 5 days ago

GDP revision gives govt extra fiscal headroom for FY25 accounts; second supplementary demands next week

Live Mint  

New Delhi: The union government, which is preparing to seek Parliament’s approval for additional funding for the current financial year, now has extra fiscal headroom on account of the improvement in the economic growth rate to 9.9% in nominal terms, as forecast last Friday by the statistics ministry. The slight upward revision in the economic growth rate projection – from …

Andhra Pradesh Budget: Welfare assured, growth guaranteed
3 weeks, 3 days ago

Andhra Pradesh Budget: Welfare assured, growth guaranteed

New Indian Express  

VIJAYAWADA: Finance Minister Payyavula Keshav on Friday presented the Andhra Pradesh Budget for 2025-26 in the Legislative Assembly with an outlay of Rs 3,22,359 crore. The revenue expenditure has been estimated at Rs 2,51,162 crore, while the capital expenditure has been shown at Rs 40,635 crore. The revised estimates of revenue expenditure for the financial year 2024-25 are Rs 2,24,342 …

India’s fiscal deficit hits ₹11.7 trillion in April-January period, 74.5% of FY25 target
Trending News
3 weeks, 3 days ago

India’s fiscal deficit hits ₹11.7 trillion in April-January period, 74.5% of FY25 target

Live Mint  

India's fiscal deficit for the April-January period of financial year 2024-25 stood at ₹11.70 trillion, 74.5% of the estimate for 2024-25, according to the data released by the Controller General of Accounts on Friday. Receipts and expenditure During the April-January period, net tax receipts stood at ₹19.04 trillion, or 74.4% of the target set in the annual budget, against ₹18.80 …

India’s Core Sector Grows 4.6% in Jan; Fiscal Deficit at 74.5%
Trending News
3 weeks, 3 days ago

India’s Core Sector Grows 4.6% in Jan; Fiscal Deficit at 74.5%

Deccan Chronicle  

New Delhi: The output of eight key infrastructure sectors rose by 4.6 per cent in January against a 4.2 per cent expansion in the same month of last year, but it was slower compared to 4.8 percent a month ago, while the Centre's fiscal deficit touched 74.5 per cent of the annual target at the end of January 2025, two …

India’s April-Jan fiscal deficit hits ₹11.7 lakh crore, widens to 74.5% of revised FY25 target
Top News
3 weeks, 3 days ago

India’s April-Jan fiscal deficit hits ₹11.7 lakh crore, widens to 74.5% of revised FY25 target

Live Mint  

The Centre's fiscal deficit touched 74.5 per cent of the annual target at the end of January 2025, according to the data released by Controller General of Accounts on Friday. The CGA data showed that the central government's tax revenue was ₹19.03 lakh crore, or 74.4 per cent of the RE of 2024-25. The total expenditure was at ₹35.7 lakh …

Telangana budget unlikely to cross Rs 3 lakh crore mark
1 month, 1 week ago

Telangana budget unlikely to cross Rs 3 lakh crore mark

Deccan Chronicle  

Hyderabad:The government is expected to present the Budget for the financial year 2025-26 in March. Revenue expenditure accounted for `1,32,200.15 crore, or 59.83 per cent of ` 2,20,944.81 crore budgeted, while capital expenditure was `25,295.76 crore, marking just 75.54 per cent of the planned `33,486.50 crore. By December 2024, total revenue receipts amounted to `1,12,307.30 crore, 50.76 per cent of …

India to remain fastest growing economy as strong fundamentals push speedy rebound: FM
1 month, 1 week ago

India to remain fastest growing economy as strong fundamentals push speedy rebound: FM

Live Mint  

New Delhi: India is on course to making a speedy rebound and to retaining the tag of the fastest growing economy on account of its strong fundamentals and measures taken by the government, finance minister Nirmala Sitharaman told Parliament on Tuesday. I want to inform members, on account of strong economic foundation, a speedy rebound is happening and we shall …

Parliamentary proceedings: Govt using almost entire borrowings in FY'26 towards capex, says Sitharaman in Lok Sabha
1 month, 1 week ago

Parliamentary proceedings: Govt using almost entire borrowings in FY'26 towards capex, says Sitharaman in Lok Sabha

The Hindu  

The Government is using almost the entire borrowing in 2025-26 towards financing capital expenditure, Finance Minister Nirmala Sitharaman said on Tuesday She said the effective capital expenditure in FY'26 is ₹15.48 lakh crore, which is 4.3% of GDP. "It indicates that the government is using almost the entire borrowed resources for financing effective capital expenditure. So, in effect, the government …

Boost in consumption is necessary, but 'Sabka Vikas' should not be lost
1 month, 2 weeks ago

Boost in consumption is necessary, but 'Sabka Vikas' should not be lost

Firstpost  

While India seeks to counter global headwinds and uncertainties that can mar its economic growth, it should ensure the boost in demands must not result in high inflation or the burden be placed on indirect taxes, as high income divide is an undeniable reality of the Indian economy If we can achieve GDP growth of 6.7 per cent for FY26 …

A Budget that is mostly good but with one wrong move
1 month, 2 weeks ago

A Budget that is mostly good but with one wrong move

The Hindu  

The Union Budget has got many things right. Gross tax revenues Growth in the Government of India’s gross tax revenues have trended downwards in recent years. Level of government expenditure Tax and non-tax revenues, non-debt capital receipts and fiscal deficit together determine the size of government expenditure. In fact, this was so even in 2024-25, when the government’s total expenditure …

Fiscal consolidation to slow as budget relies on tax measures to support economy: Moodys
Trending News
1 month, 2 weeks ago

Fiscal consolidation to slow as budget relies on tax measures to support economy: Moodys

Deccan Chronicle  

Mumbai: Moody’s Ratings on Tuesday said that the income tax cuts announced in the Union Budget 2025 will boost middle-class spending and benefit corporates and the financial sector but warned that the lost revenue could slow fiscal consolidation despite a decline in spending as a share of GDP. Although the government has estimated consequent foregone revenue at around Rs 1 …

BMC Budget 2025 set at ₹74,427 crore: ₹1000 crore for BEST bus services, ₹18 crore for security
1 month, 3 weeks ago

BMC Budget 2025 set at ₹74,427 crore: ₹1000 crore for BEST bus services, ₹18 crore for security

Live Mint  

The Brihanmumbai Municipal Corporation presented its budget of ₹74,427 crore for the year 2025-26 on Tuesday. A total budget provision of ₹4111.51 crore is proposed in RE 2024-25 and ₹5100 crore in BE 2025-26 for Roads and Traffic Department. Total provision of ₹3544.34 crore under Revenue Budget and ₹411.30 crore under Capital Budget is proposed in BE 2025-26 for Education …

A tightrope act: The budget does a good job of balancing divergent demands
1 month, 3 weeks ago

A tightrope act: The budget does a good job of balancing divergent demands

Live Mint  

India’s budget for 2025-26 demonstrates a careful balance between an unwavering focus on macroeconomic stability by continuing on a path of fiscal prudence and addressing growth concerns. Notably, fiscal consolidation remains the budget’s primary focus, with its fiscal-deficit target set at 4.4% of GDP, a further reduction of 0.4 percentage points. This cut, which accounts for almost the entire fiscal …

When consumption push and fiscal consolidation go hand in hand
Trending News
1 month, 3 weeks ago

When consumption push and fiscal consolidation go hand in hand

Live Mint  

The budget this year came in the background of an economic slowdown led by weak urban consumption and lower government capex. The budget has delivered on this by incentivizing urban consumption through tax cuts while continuing on the path of fiscal consolidation. More importantly, by shifting the anchor of fiscal consolidation from fiscal deficit to debt to GDP, the FM …

Budget 2025: Tax revenue assumptions seem somewhat optimistic
1 month, 3 weeks ago

Budget 2025: Tax revenue assumptions seem somewhat optimistic

New Indian Express  

The Union Budget for FY2026 attempts to strike a balance between supporting economic activity and fiscal consolidation, which is quite commendable given India’s current macroeconomic situation and the uncertain global environment. The Government’s assumption of 13.1% expansion in income tax collections in FY2026 is quite substantial, in light of the tax cuts, which are expected to lead to a revenue …

Fitch rules out rating upgrade, but says fiscal targets realistic
1 month, 3 weeks ago

Fitch rules out rating upgrade, but says fiscal targets realistic

New Indian Express  

Mumbai: International rating agency Fitch has said the fiscal numbers – 4.8% fiscal deficit for this fiscal and 4.4% for the next-- proposed in the Budget 2025 looks realistic and achievable. On the rating impact of the Budget, he said; “Sustained deficit reduction, meeting of fiscal targets and continued adherence to transparency further bolsters India’s improving fiscal credibility, as we …

Interest payments up 11 pc to 25.6 pc of total expenditure
1 month, 3 weeks ago

Interest payments up 11 pc to 25.6 pc of total expenditure

Deccan Chronicle  

Chennai: Interest payments on loans availed by the government is projected to go up by 11 per cent and account for 25.6 per cent of the total expenditure, as per the Budget. The Budget finds that the interest payments are estimated to be Rs 13.15 lakh crore, having gone up from Rs 11.85 lakh crore in the revised Budget of …

This budget is remarkable for its fiscal restraint—apart from other aspects
Trending News
1 month, 3 weeks ago

This budget is remarkable for its fiscal restraint—apart from other aspects

Live Mint  

The Union budget for 2025-26 is being hailed as a “thanksgiving’’ for the middle-class, while its personal income tax relief is being called “historic’’ and has hogged most of the limelight. Importantly, in absolute terms, the fiscal deficit is likely to remain flat at ₹15.7 trillion in 2025-26, as compared to 2024-25, and lower than its level of ₹16.5 trillion …

Budget 2025 is a pragmatic balance of consumption and fiscal discipline: Radhika Gupta
Trending News
1 month, 3 weeks ago

Budget 2025 is a pragmatic balance of consumption and fiscal discipline: Radhika Gupta

Live Mint  

Budget 2025 has moved in a path that at once caters to the immediate requirements of the economy, while continuing on the path to investing for future growth, even while ensuring a tight leash on the fiscal deficit. Tax slab rationalisation to boost consumption, ease of taxation via higher thresholds for tax deductions, tax clarity on ULIP investments, and tax-free …

Railways allocation remains unchanged at ₹2.65 lakh crore, budget for customer amenities, investment in PSUs slashed
Trending News
1 month, 3 weeks ago

Railways allocation remains unchanged at ₹2.65 lakh crore, budget for customer amenities, investment in PSUs slashed

The Hindu  

The Budget allocation for Indian Railways for FY 2025-26 stands at ₹2.65 lakh crore, the same as last year’s allocation. At a press briefing following the Union Budget 2025-26 presentation on Saturday, Union Railways Minister Ashwini Vaishnaw said, “The Railway Capex stands at ₹2.52 lakh crore from the total ₹2.65 lakh crore allocation that include Public Private Partnership investments.” Sources …

Govt Targets Lower Fiscal Deficit At 4.4 Per Cent In FY26, Revises Estimate For FY25 In Budget
Trending News
1 month, 3 weeks ago

Govt Targets Lower Fiscal Deficit At 4.4 Per Cent In FY26, Revises Estimate For FY25 In Budget

ABP News  

Finance Minister Nirmala Sitharaman presented the Union Budget 2025 in the Parliament on Saturday. “The Revised Estimate of the total receipts other than borrowings is Rs 31.47 lakh crore, of which the net tax receipts are Rs 25.57 lakh crore. The Revised Estimate of the total expenditure is Rs 47.16 lakh crore, of which the capital expenditure is about Rs …

Despite hike in exemption limit, income tax receipts to go up by 13 p
1 month, 3 weeks ago

Despite hike in exemption limit, income tax receipts to go up by 13 p

Deccan Chronicle  

Chennai: Despite the Centre's move to increase tax exemption limit to Rs12 lakh annual income and making 30 per cent tax slab payable for those with Rs 24 lakh income, the personal income tax receipts of the government are estimated to go up by 13.4 per cent. Both personal income tax and direct taxes will see their share in revenue …

Budget 2025: Centre seeks over ₹78,000 crore on securities trading levies next fiscal
1 month, 3 weeks ago

Budget 2025: Centre seeks over ₹78,000 crore on securities trading levies next fiscal

Hindustan Times  

The Centre is expecting to collect more taxes from levies imposed on securities trading, after Union finance minister Nirmala Sitharaman's Budget 2025 estimated over 40% jump in such collection to cross $9 billion next year, Bloomberg reported. Centre cuts borrowing target to ₹ 11.54 lakh crore During her budget speech, finance minister Sitharaman announced that the government has reduced its …

Budget 2025 puts Rs 1 trillion in India's pocket. Will it spend for its economy?
1 month, 3 weeks ago

Budget 2025 puts Rs 1 trillion in India's pocket. Will it spend for its economy?

Firstpost  

Consumer spending is set to increase due to a mix of personal income tax changes, reductions in indirect taxes, and a strong emphasis on public investment in the budget. The immediate impact of these income tax changes will result in an additional Rs 1 lakh crore in the hands of taxpayers Finance Minister Nirmala Sitharaman, carrying a red pouch containing …

Centre balances fiscal discipline with robust capital spending, support to states
1 month, 3 weeks ago

Centre balances fiscal discipline with robust capital spending, support to states

Live Mint  

New Delhi: The Union budget for FY26 presented by finance minister Nirmala Sitharaman on Saturday sought to signal prime minister Narendra Modi administration’s commitment to fiscal consolidation, infrastructure creation and support to states for building roads, highways and utilities. A robust 20% growth in personal income tax achieved in FY25 helped Sitharaman to offer income tax relief to individuals under …

Govt cuts borrowing target to ₹11.54 lakh cr for FY26
1 month, 3 weeks ago

Govt cuts borrowing target to ₹11.54 lakh cr for FY26

The Hindu  

The government has reduced its borrowings estimate for next financial year to ₹11.54 lakh crore on net basis as it expects an improvement in tax collection. However, gross market borrowings have now been revised upward to ₹14.82 lakh crore from ₹14.01 lakh crore estimated for the current financial year. The net tax receipts are estimated at ₹28.37 lakh crore," Finance …

Budget 2025 math: How the government plans to cut fiscal deficit this year
1 month, 3 weeks ago

Budget 2025 math: How the government plans to cut fiscal deficit this year

Live Mint  

NEW DELHI : Union finance minister Nirmala Sitharaman pegged the fiscal deficit target for 2025-26 at 4.4% of gross domestic product, down from 2024-25's 4.8%. This marks the conclusion of a crucial post-pandemic fiscal consolidation period that began with the Union Budget 2021-22. when the Centre committed to reducing the fiscal deficit to below 4.5% of GDP by FY26. The …

Budget 2025: Read Finance Minister Nirmala Sitharaman’s budget speech. Full text here. Download PDF
1 month, 3 weeks ago

Budget 2025: Read Finance Minister Nirmala Sitharaman’s budget speech. Full text here. Download PDF

Live Mint  

Budget 2025: Finance Minister Nirmala Sitharaman presented the Union Budget today. To improve access to credit, the credit guarantee cover will be enhanced: a) For Micro and Small Enterprises, from ` 5 crore to 10 crore, leading to additional credit of ` 1.5 lakh crore in the next 5 years; b) For Startups, from ` 10 crore to 20 crore, …

Budget 2025: Govt on course for lower fiscal deficit in FY25 and FY26, says finance minister Nirmala Sitharaman
1 month, 3 weeks ago

Budget 2025: Govt on course for lower fiscal deficit in FY25 and FY26, says finance minister Nirmala Sitharaman

Live Mint  

New Delhi/Mumbai: The government’s proposal to achieve a fiscal deficit target of 4.4% of India’s gross domestic product for 2025-26 and the marginally lower net borrowing than the previous fiscal should keep the bond markets at ease. “The government remains committed to fiscal consolidation with the intention to bring down the central government debt-to-GDP ratio from the current 57% to …

Budget 2025: Key numbers for world's fastest-growing major economy | Full details
1 month, 3 weeks ago

Budget 2025: Key numbers for world's fastest-growing major economy | Full details

India TV News  

Budget 2025: Finance Minister Nirmala Sitharaman will present her record 8th straight Budget and all eyes will be on the much-expected tax relief for the middle class. Here are key numbers to watch out for in Union Budget 2025- Fiscal Deficit The budgeted fiscal deficit, which is the difference between the government expenditure and income, for the current fiscal is …

July Budget 2024 Recap: From new tax slabs to green energy boost, key takeaways from first budget of Modi 3.0
1 month, 3 weeks ago

July Budget 2024 Recap: From new tax slabs to green energy boost, key takeaways from first budget of Modi 3.0

Live Mint  

Budget 2025: As India awaits the Modi 3.0 government's second full budget announcement today, all eyes are on Union Finance Minister Nirmala Sitharaman. The revised estimates of the previous year showed that India's capex was at 12.71 lakh crore as of FY2023-24 revised figures, compared to the budget estimates of 12.70 lakh crore in the same fiscal. Total Expenditure: India's …

A dash-for-growth budget with the power to change us all at the deepest level
1 month, 3 weeks ago

A dash-for-growth budget with the power to change us all at the deepest level

New Indian Express  

Broadly, Budget 2026's primary goal is to revive growth, ease the tax burden on individuals, boost consumption, encourage investments, create jobs and improve wages. In all, Budget 2026's total expenditure stood at Rs 50.65 lakh crore, a 7.4% increase over FY25's revised estimate of Rs 47 lakh crore. Amid table-thumping and Modi-chants for over a minute she announced the revised …

India’s Fiscal Deficit This Fiscal Year Stands at Rs 9.14 Lakh Crore
1 month, 3 weeks ago

India’s Fiscal Deficit This Fiscal Year Stands at Rs 9.14 Lakh Crore

Deccan Chronicle  

New Delhi: India’s fiscal deficit for the first nine months of this fiscal year through December stood at 9.14 lakh crore rupees, or 56.7 per cent of annual estimates. However, the fiscal deficit widened from 55 per cent reported in the comparable year-earlier period, the government data showed today. As per the data released by Controller General of Accounts, the …

Budget 2025: India set to achieve fiscal deficit target of 4.5% by 2026, says BofA
1 month, 3 weeks ago

Budget 2025: India set to achieve fiscal deficit target of 4.5% by 2026, says BofA

Live Mint  

Budget 2025 Expectations: India is poised to meet its medium-term target of a 4.5 per cent fiscal deficit to GDP by 2026, which it had set in 2021, according to Bank of America. While economic expansion has remained a priority, the fiscal deficit has steadily declined from the pandemic-induced highs, progressively stabilising toward the 4.5 per cent target. For FY25, …

Union Budget 2025: Key numbers and economic indicators to watch out for
Top News
1 month, 3 weeks ago

Union Budget 2025: Key numbers and economic indicators to watch out for

Hindustan Times  

Finance Minister Nirmala Sitharaman will present her 8th straight Budget and all eyes will be on the much-expected tax relief for the middle class. Union Finance Minister Nirmala Sitharaman displays a red pouch carrying the Budget documents outside the Finance Ministry in North Block before leaving for the Parliament where she will table the Union Budget 2024-25, in New Delhi, …

Budget 2025: India’s fiscal consolidation is well on track despite hurdles
1 month, 3 weeks ago

Budget 2025: India’s fiscal consolidation is well on track despite hurdles

Live Mint  

As is usually the case, India’s Union budget for 2025-26, to be announced on 1 February, is expected to attract a lot of attention from different stakeholders in the economy, particularly with its growth momentum having sprung a significant downside surprise in 2024-25. Indeed, both the interim budget in February and the post-election budget in July exceeded expectations on the …

Telangana’s interest payment nears ₹20K crore at the end of Q3 outpacing budget estimates
1 month, 3 weeks ago

Telangana’s interest payment nears ₹20K crore at the end of Q3 outpacing budget estimates

The Hindu  

Payment of principal and interest for the loans obtained over the past few years is posing a huge burden on the State finances. As expected, expenditure on account of interest payment reached ₹19,556.61 crore at the end of December, far outpacing ₹17,729 crore projected for the entire financial year in the budget estimates. Expenditure towards pension payment was projected at …

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