News Muncher - searching for fiscal

1 month ago

Data dive: How freebies are hurting already stressed state finances

Maharashtra and Jharkhand are going to polls amid heated campaigns that saw ideological clashes, political wrangling, and promises of several free goods and services, colloquially known as freebies. Most states that went to polls in 2023 or 2024 saw their fiscal deficit as a share of the gross state domestic product rise compared to the previous non-election year, showed a …

Tax Centre Free Fiscal Expenditure Emkay Global Revenues States

3 months, 3 weeks ago

Home Office overspends billions on asylum and immigration due to ‘woeful budgeting’

The Independent

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The Home Office has repeatedly …

Budget Office Asylum Treasury Spending Ifs Home Office

10 months, 3 weeks ago

Interim Budget 2024 — in campaign mode

The Hindu

Well before Finance Minister Nirmala Sitharaman rose to present the Interim Budget for 2024-25, there were indications as to what its focus would be. That has been true of this year’s Interim Budget as well, which focused on all the “welfare” schemes, in areas varying from housing to food, which have been largely attributed to the Prime Minister. For example, …

Finance Financial Budget Spending Crore Scheme Mgnrega

11 months, 3 weeks ago

Tax revenues of FY24 to be 17.2 pc more than last year

Deccan Chronicle

Chennai: Tax revenues of FY24 is expected to be 5 per cent higher than the budget estimate and 17.2 per cent higher than last year’s revenues. India Ratings expects it to reach Rs 24.5 trillion in FY24, five per cent higher than the budgeted Rs 23.3 trillion. However, capital receipts are lagging and were Rs 229.9 billion during April-October 2023 …

Billion Trillion Fy24 Tax Revenues Cent Higher Budgeted

11 months, 4 weeks ago

Tax Revenues of FY24 to Be 17.2 pc More Than Last Year

Deccan Chronicle

Chennai: Tax revenues of FY24 is expected to be 5 per cent higher than the budget estimate and 17.2 per cent higher than last year’s revenues. India Ratings expects it to reach Rs 24.5 trillion in FY24, five per cent higher than the budgeted Rs 23.3 trillion. However, capital receipts are lagging and were Rs 229.9 billion during April-October 2023 …

Tax Revenue Billion Cent Tax Revenue Higher Trillion

1 year, 9 months ago

Measures to make T.N. revenue-neutral to be keenly watched

The Hindu

Apart from the anticipation of an announcement on the monthly honorarium of ₹1,000 for women family heads, measures to achieve the goal of making the State revenue-neutral in three years would be keenly watched in the Tamil Nadu Budget for 2023-24 to be presented by Finance Minister Palanivel Thiaga Rajan on Monday. As per the provisional figures of the Comptroller …

Finance Tamil Nadu State Crore Deficit Fiscal Central Taxes

1 year, 10 months ago

Union Budget 2023-24 | Without growth or welfare, a Budget that curtails social spending

The Hindu

Published : Feb 07, 2023 15:57 IST If we ignore the hype that accompanies and follows the presentation of the Central government’s annual Budget, there are principally two strands in it that have attracted attention. The first is the claim of Finance Minister Nirmala Sitharaman that in a growth-accelerating intervention, the step-up in capital or investment expenditure during the second …

Finance Growth Social Budget States Capital Spending

1 year, 10 months ago

Tax-Capex double engine in Union Budget 2023-24

Hindustan Times

Finance minister Nirmala Sitharaman on Wednesday presented a Budget that continued her government’s emphasis on capital investment, with a record ₹10 lakh crore spend planned in 2023-24, sought to encourage taxpayers to spend more with tax cuts, and announced a ₹35,000 crore expenditure on energy transition even as she managed to reduce the fiscal deficit to 5.9% from 6.4% this …

Finance India Tax Budget Crore Minister Lakh

2 years, 1 month ago

5 charts reveal the state of state economies

Live Mint

After witnessing unprecedented challenges due to the covid-19 pandemic, India’s states are well on their way to recovery, according to the Reserve Bank of India’s Handbook of Statistics on Indian States released last week. Here is what data tells us about states’ growth, finances, wages, and credit, in five charts: Recovering Losses View Full Image Mint ReNew to sell 1GW …

India Growth Kerala Inflation Uttar Pradesh States State

2 years, 7 months ago

RBI decides to give ₹30,307 cr FY22 dividend to Centre

Live Mint

The Reserve Bank of India on Friday approved a dividend payment of ₹30,307 crore to the Centre for the fiscal year ended March 2022, sharply lower than the government’s expectations. In the 2022 budget, the government had estimated that it would receive ₹73,948 crore as dividend from the RBI and state-run lenders for FY22, which would be transferred this fiscal. …

Bank Dividend Crore Centre Rbi Fiscal

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Articles for Budgeted, search results for fiscal

Data dive: How freebies are hurting already stressed state finances

Home Office overspends billions on asylum and immigration due to ‘woeful budgeting’

Interim Budget 2024 — in campaign mode

Tax revenues of FY24 to be 17.2 pc more than last year

Tax Revenues of FY24 to Be 17.2 pc More Than Last Year

Measures to make T.N. revenue-neutral to be keenly watched

Union Budget 2023-24 | Without growth or welfare, a Budget that curtails social spending

Tax-Capex double engine in Union Budget 2023-24

5 charts reveal the state of state economies

RBI decides to give ₹30,307 cr FY22 dividend to Centre