When consumption push and fiscal consolidation go hand in hand
Trending News
1 month, 2 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 has created room for stimulating capital spending from next year. Fiscal conservatism on On the expenditure side, the budget has continued the path of fiscal conservatism with overall expenditure rising by only 7.4% in FY26 compared with a 6.1% increase seen in FY25. To summarise, the budget has delivered on changing the narrative on weak consumption demand while continuing on the path of fiscal consolidation and giving a roadmap of reducing India’s debt to GDP to 50% by FY31, thus setting the base for a likely upgrade of India’s sovereign rating.

India Tax Budget Consumption Consolidation Rbi Higher Increase Trillion Gdp Deficit Next Year Fiscal Fiscal Deficit Fy25 Estimated Fy26 Fiscal Consolidation Urban Consumption Capital Spending  push  trillion  consolidation  fiscal  hand  fy25  tax  higher  budget  gdp  deficit  increase  consumption  estimated

History of this topic

Capex push, fiscal discipline hasn’t come at the cost of social spending cut: Sitharaman
4 days, 5 hours ago

Capex push, fiscal discipline hasn’t come at the cost of social spending cut: Sitharaman

Live Mint  

New Delhi: Finance minister Nirmala Sitharaman on Tuesday said the government’s push for capital expenditure, while maintaining fiscal discipline, has not come at the cost of public spending, emphasizing that allocations for social welfare and education have increased significantly. Speaking at the Rajya Sabha, Sitharaman said the effective capital expenditure for the next fiscal year, 2025-26, is projected to be …

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

Govt seeks House nod for extra spending of ₹51,400 crore in FY25, mainly for subsidies
1 week, 5 days 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 …

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

India’s fiscal deficit hits ₹11.7 trillion in April-January period, 74.5% of FY25 target
Trending News
3 weeks, 1 day 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 …

Parliament Budget Session Day 9 LIVE: Finance Minister Nirmala Sitharaman replies to Budget discussion in Rajya Sabha
1 month, 1 week ago

Parliament Budget Session Day 9 LIVE: Finance Minister Nirmala Sitharaman replies to Budget discussion in Rajya Sabha

The Hindu  

February 13, 2025 16:35 Recurring themes of transparency, co-operative federalism since 2020-21: Finance Minister Nirmala Sitharaman Finance Minister Nirmala Sitharaman mentions features of budget-making in the past 4-5 years which “speak for themselves.” She notes that during the pandemic years, the government’s attempt resulted in India becoming “fragile five,” while after Covid, with targeted support to those who needed help, …

Economy on speedy rebound, India to remain fastest growing nation: Sitharaman
1 month, 1 week ago

Economy on speedy rebound, India to remain fastest growing nation: Sitharaman

The Hindu  

India’s economy is in the midst of “a speedy rebound” after a brief moderation in the second quarter of this year, Finance Minister Nirmala Sitharaman said on Tuesday, asserting that the Union Budget 2025-26 has sought to address the immediate challenges facing the national economy amid “immense” global uncertainties. ‘Strong economic foundations’ Stressing that India’s economy grew by an average …

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 …

Fiscal and monetary measures to boost consumption, private investment says FM
1 month, 2 weeks ago

Fiscal and monetary measures to boost consumption, private investment says FM

The Hindu  

Finance Minister Nirmala Sitharaman on Saturday said, “Fiscal and monetary measures announced recently will help boost consumption and promote private investment.” The Budget presented by the Finance Minister on February 1 proposed a slew of measures including significant income tax cuts for the middle class. On the monetary side, the Reserve Bank of India on Friday slashed the policy rate …

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 …

Sanjeev Ahluwalia: Budget 2025: A scorecard of FM’s ‘hits’ and ‘misses’
1 month, 2 weeks ago

Sanjeev Ahluwalia: Budget 2025: A scorecard of FM’s ‘hits’ and ‘misses’

Deccan Chronicle  

Finance minister Nirmala Sitharaman crafted her Union Budget 2025-26 around four key targets of accelerating growth, promoting inclusive development, enhancing private investment, uplifting household sentiments including by income-tax reform to enhance income in the pockets of middle-class consumers -- those earning up to Rs 1.2 million a year, who account of over 80 per cent of the total individual income-tax …

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 …

A tightrope act: The budget does a good job of balancing divergent demands
1 month, 2 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 …

Beyond tax cuts, a closer read of the Union Budget
Trending News
1 month, 2 weeks ago

Beyond tax cuts, a closer read of the Union Budget

The Hindu  

The Union Finance Minister, Nirmala Sitharaman’s presentation of the Union Budget on Saturday, February 1, was against the backdrop of pressing macroeconomic challenges — persistently high taxes and unemployment squeezing the middle-income class, subdued private investment, mounting external vulnerabilities that threaten to derail the growth story, and a looming fiscal overhang. While the Finance Minister laid out an ambitious road …

This budget is remarkable for its fiscal restraint—apart from other aspects
Trending News
1 month, 2 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 …

Finance minister Nirmala Sitharaman's eighth budget in eight points
1 month, 2 weeks ago

Finance minister Nirmala Sitharaman's eighth budget in eight points

Live Mint  

Nirmala Sitharaman had an unenviable task of boosting economic growth without compromising the fiscal consolidation efforts of the government when she presented her record eighth consecutive budget on Saturday. A mini bazooka Faced with a sharp fall in urban consumption which dragged economic growth down in the second quarter of this fiscal to just 5.4% of the gross domestic product …

Budget 2025 is a pragmatic balance of consumption and fiscal discipline: Radhika Gupta
Trending News
1 month, 2 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 …

After Budget fires up hopes for a consumption boost, eyes on RBI for a double thrust
1 month, 2 weeks ago

After Budget fires up hopes for a consumption boost, eyes on RBI for a double thrust

Live Mint  

New Delhi: Following finance minister Nirmala Sitharaman’s proposed income tax relief for salaried individuals, India’s consumer industry executives are looking forward to a rate cut that could provide a further boost to fire up India’s sluggish urban consumption. “This budget would kickstart a virtuous cycle of consumption-led growth," said Sanjiv Puri, president, Confederation of Indian Industry, and chairman and managing …

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 …

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 …

‘Focus on wealth creation, win for middle class’: How experts see tax cut in Sitharaman’s Budget 2025
1 month, 3 weeks ago

‘Focus on wealth creation, win for middle class’: How experts see tax cut in Sitharaman’s Budget 2025

Firstpost  

After Union Finance Minister Nirmala Sitharaman proposed to make income up to Rs 12 lakh tax-free in the Budget 2025-26, among other measures, experts said it was a pro-growth budget that sought to focus on wealth creation for the middle class with eyes on triggering consumption-led growth A customer looks at consumable goods before buying them at a supermarket in …

After FM Nirmala Sitharaman’s income tax relief in Budget 2025, will RBI also cheer the middle class with a rate cut?
1 month, 3 weeks ago

After FM Nirmala Sitharaman’s income tax relief in Budget 2025, will RBI also cheer the middle class with a rate cut?

Live Mint  

With Budget 2025 behind us, the focus now shifts to the next market trigger—the Reserve Bank of India's Monetary Policy Committee meeting, scheduled for February 5-7. "The provision of personal income tax relief for individuals earning up to ₹24 lakh per annum is expected to stimulate consumption, particularly in the discretionary spending segments of the middle and upper-middle-income groups," said …

In economy's shifting sands, a budget to boost demand
1 month, 3 weeks ago

In economy's shifting sands, a budget to boost demand

Live Mint  

The Union budget presented by finance minister Nirmala Sitharaman on Saturday can be framed against two major shifts in the Indian economy. The latest budget numbers show that income tax is expected to account for ₹22 out of every ₹100 of receipts that will flow into the government treasury. The second major shift: In February 2021, the finance minister had …

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 …

income-tax-Budget 2025 Live Updates: From Electronics to EVs, Decoding What Gets Cheaper and What Gets Costlier for Indian Households-2025-union-budget-what-gets-cheaper-costlier
1 month, 3 weeks ago

income-tax-Budget 2025 Live Updates: From Electronics to EVs, Decoding What Gets Cheaper and What Gets Costlier for Indian Households-2025-union-budget-what-gets-cheaper-costlier

ABP News  

Finance Minister Nirmala Sitharaman presented the Union Budget 2025-26, outlining key priorities to accelerate economic growth, ensure inclusive development, support industries, and enhance household sentiment. Secure inclusive development c. Invigorate society and industry d. Uplift household sentiment and e. Enhance spending on power of India's rising middle class,” Sitharaman said while outlining her Budget focus. Marine & Shipbuilding Sector: BCD …

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: Nirmala Sitharaman announces rejig of income tax rates — Here’s how slabs have changed under new tax regime
1 month, 3 weeks ago

Budget 2025: Nirmala Sitharaman announces rejig of income tax rates — Here’s how slabs have changed under new tax regime

Live Mint  

Finance Minister Nirmala Sitharaman announced a major overhaul of the income tax system while outlining the Budget on Saturday. Individuals earning up to ₹12 lakh annually will no longer have to pay any tax under the new income tax regime — with benefit of ₹80,000. Sitharaman announced on Saturday that there would be “no income tax payable upto income of …

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 …

Govt To Introduce New Income Tax Bill Next Week: FM Sitharaman
1 month, 3 weeks ago

Govt To Introduce New Income Tax Bill Next Week: FM Sitharaman

ABP News  

Union Finance Minister Nirmala Sitharaman while presenting the Union Budget 2025-26 said the government will introduce a New Income Tax Bill next week. Presenting the 14th consecutive Budget under the Narendra Modi government since 2014, Sitharaman said, "Together we embark on journey to unlock our potential for greater prosperity." In her record 8th straight Budget presentation, the finance minister said, …

Union Budget 2025: Finance Minister Nirmala Sitharaman meets President Droupadi Murmu at Rashtrapati Bhavan
1 month, 3 weeks ago

Union Budget 2025: Finance Minister Nirmala Sitharaman meets President Droupadi Murmu at Rashtrapati Bhavan

Op India  

Union Finance Minister Nirmala Sitharaman and Minister of State for Finance Pankaj Chaudhary met President Droupadi Murmu at the Rashtrapati Bhavan on Saturday ahead of Union Budget. Meanwhile, the Economic Survey tabled in Parliament on Friday projected India’s economy to grow between 6.3 per cent and 6.8 per cent in the next financial year 2025-26. The survey, tabled a day …

India's Budget 2025: Nirmala Sitharaman Leaves Residence Ahead of Budget 2025 Announcement |ABP NEWS
1 month, 3 weeks ago

India's Budget 2025: Nirmala Sitharaman Leaves Residence Ahead of Budget 2025 Announcement |ABP NEWS

ABP News  

There are high expectations for the upcoming budget, with several key areas under discussion that could bring benefits to various sectors. Another significant issue is the potential reduction in tax rates, especially for the middle class, particularly salaried employees who pay income tax. The government is also considering increasing capital expenditure, which could boost investments in sectors like airports, ports, …

Sitharaman to present record 8th Union Budget with middle-class hoping income tax cuts
1 month, 3 weeks ago

Sitharaman to present record 8th Union Budget with middle-class hoping income tax cuts

Firstpost  

The upcoming Union Budget, presented by Finance Minister Nirmala Sitharaman, will be her 8th consecutive budget. AP A cut or tweak in income tax rates/slabs to ease the burden of middle class struggling with high prices and stagnant wage growth is widely expected in Finance Minister Nirmala Sitharaman’s record setting eighth consecutive Budget. “We expect these two to be the …

Budget 2025: Sitharaman boosts MSMEs with enhanced credit cover, check key announcements
1 month, 3 weeks ago

Budget 2025: Sitharaman boosts MSMEs with enhanced credit cover, check key announcements

India TV News  

Union Finance Minister Nirmala Sitharaman presented the first full budget of Modi Government 3.0. Currently, over 1 crore registered MSMEs employing 7.5 crore people and generating 36 per cent of our manufacturing have come together to position India as a global manufacturing hub," Ms Sitharaman said while presenting her eighth consecutive Union Budget. Enhanced credit cover for MSME To improve …

Budget 2025: Will Nirmala Sitharaman deliver tax relief for middle class?
1 month, 3 weeks ago

Budget 2025: Will Nirmala Sitharaman deliver tax relief for middle class?

India Today  

As Finance Minister Nirmala Sitharaman prepares to present the Union Budget 2025–26, she faces a tough challenge. With GDP growth projected to slow down to a four-year low of 6.4% and inflation remaining persistently high, there are high hopes that the Finance Minister will provide a much-needed boost to the middle class. Experts agree that the budget for the upcoming …

How Budget 2025 targets consumption to boost overall growth
1 month, 3 weeks ago

How Budget 2025 targets consumption to boost overall growth

India Today  

The Narendra Modi government had been under immense pressure to boost consumption, a critical pillar of the economy, to drive growth. Under the New Tax Regime announced in 2023, those with an annual income of up to Rs 7 lakh did not have to pay taxes due to the rebates. A taxpayer in the New Tax Regime with an annual …

Hopes running high of tax cut as Nirmala Sitharaman presents record 8th budget
1 month, 3 weeks ago

Hopes running high of tax cut as Nirmala Sitharaman presents record 8th budget

The Hindu  

A cut or tweak in income tax rates/slabs to ease the burden of the middle class struggling with high prices and stagnant wage growth is widely expected in Finance Minister Nirmala Sitharaman's record-setting eighth consecutive Budget. "Following the U.S. elections, the risk of volatility in global trade has increased, with potential measures, such as higher import tariffs and tax cuts …

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, …

Finance Minister Nirmala Sitharaman tables Economic Survey 2024-25; FY26 growth pegged at 6.3-6.8%
Top News
1 month, 3 weeks ago

Finance Minister Nirmala Sitharaman tables Economic Survey 2024-25; FY26 growth pegged at 6.3-6.8%

New Indian Express  

Union Finance Minister Nirmala Sitharaman tabled the Economic Survey for 2024-25 in both Houses of the Parliament on Friday, with the survey projecting the GDP growth for FY 2025-26 between 6.3% and 6.8%. The Survey said navigating global headwinds will require strategic and prudent policy management and reinforcing the domestic fundamentals. The survey, an annual report prepared by the Ministry …

Finance Minister Nirmala Sitharaman tables Economic Survey 2024-25; FY26 growth pegged at 6.3-6.8%
Top News
1 month, 3 weeks ago

Finance Minister Nirmala Sitharaman tables Economic Survey 2024-25; FY26 growth pegged at 6.3-6.8%

New Indian Express  

Union Finance Minister Nirmala Sitharaman tabled the Economic Survey for 2024-25 in both Houses of the Parliament on Friday, with the survey projecting the GDP growth for FY 2025-26 between 6.3% and 6.8%. The Survey said navigating global headwinds will require strategic and prudent policy management and reinforcing the domestic fundamentals. The survey, an annual report prepared by the Ministry …

Budget 2025-26: Will Nirmala Sitharaman deliver a fiscal bazooka?
1 month, 3 weeks ago

Budget 2025-26: Will Nirmala Sitharaman deliver a fiscal bazooka?

Live Mint  

Chennai: As finance minister Nirmala Sitharaman dots the I’s and crosses the t’s of her speech she will deliver on 1 February, when she presents a record eighth consecutive budget, her biggest concern will be whether the proposals can dispel the clouds hanging over India, the world’s fastest-growing large economy. The central government’s fiscal deficit as a share of GDP …

What's on the cards in Budget 2025: Income tax relief, farmer credit, insurance push
1 month, 3 weeks ago

What's on the cards in Budget 2025: Income tax relief, farmer credit, insurance push

Live Mint  

The Budget 2025, set to be presented on Saturday, will be keenly watched. Union Finance Minister Nirmala Sitharaman may announce income tax relief, take steps to enhance insurance coverage, and offer credit support to farmers, among other measures. Steady spending Even as the government has struggled to maintain the pace of capital expenditure in the current fiscal year, the Budget …

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 …

Budget 2025: Can tax reliefs be the game-changer for GDP?
1 month, 3 weeks ago

Budget 2025: Can tax reliefs be the game-changer for GDP?

India Today  

India's economy is showing signs of slowing down, with the GDP growth rate projected to fall to 6.4% in FY25 from 8.2% in FY24, according to the National Statistics Office. TAX RELIEFS AND THEIR IMPORTANCE Experts believe that providing tax relief could play a key role in reviving demand and boosting GDP. Subho Moulik, Founder and CEO of Appreciate, highlighted …

From Fragile Five to First Five: India's journey of fiscal consolidation
1 month, 3 weeks ago

From Fragile Five to First Five: India's journey of fiscal consolidation

Live Mint  

Fiscal discipline is a cornerstone of economic stability for any country, and India is no exception. In an era of escalating geopolitical uncertainties and changing trade dynamics, maintaining fiscal discipline has become increasingly critical to shield economies from external shocks and ensure confidence among global investors. India realized the importance of a controlled fiscal deficit when India was declared as …

Capital markets to watch budget balance between fiscal deficit and spending
Trending News
2 months ago

Capital markets to watch budget balance between fiscal deficit and spending

Live Mint  

India’s market participants will watch the upcoming Union Budget for 2025-26 for proposals to boost consumption while continuing on the patch of fiscal consolidation as the economy grapples with a slowdown. The expectations from finance minister Nirmala Sitharaman’s eight budget are centered around potential reforms and fiscal measures that could boost various sectors and maintain India's growth momentum, said Dhiraj …

Budget 2025-26: Don’t let electoral politics extract too high a price
2 months ago

Budget 2025-26: Don’t let electoral politics extract too high a price

Live Mint  

With less than a fortnight to go before India’s budget for 2025-26, all eyes are on finance minister Nirmala Sitharaman. Apart from all the usual reasons, this budget has special relevance, as it is the first full-year fiscal plan after last summer’s Lok Sabha elections. The budget is expected to retain its “focus on four major castes, ‘Garib’, ‘Mahilayen’, ‘Yuva’ …

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