: Amid a slowing global economy, India Inc on Sunday urged the government to maintain a balanced fiscal management for macroeconomic stability with some more interventions to nudge the states towards fiscal prudence. It further said that this exercise would help forecast potential economic headwinds or tailwinds and assess their impact on the fiscal path.Looking at the next year’s budget, …
They underline fiscal rectitude, continuation of the great Indian build-out and abstinence from a consumption-driven steroidal push. The first advance estimate from the National Statistical Office has pegged India’s gross domestic product growth at a better-than-expected 7.3% for the current fiscal, in line with the strong economic performance reflected in the high-frequency data. In the milieu, budgetary capex is estimated …
Parliament Budget Session: Finance Minister Nirmala Sitharaman on Friday hailed the government's economic policies during the reply to the Budget 2023 debate in Lok Sabha. "If I can put in a few words the essence of budget 2023-24- it balances the requirement for India's development imperatives within the limits of fiscal prudence," said Sitharaman. Sitharaman said the new tax regime …
The Budget comes at a time when the government faces a delicate balancing act between expenditure priorities and the need for fiscal prudence as it is the last full Budget before the general elections. There are five issues that need to be analysed in this Budget — three from a growth and fiscal stability perspective and two from a welfare …
When Nwayoo — not her real name — got a letter from the Department of Home Affairs asking her to explain why her passport was invalid, her heart sank. Key points: The Myanmar embassy in Australia is loyal to the military junta, which overthrew the government last year Some Myanmar nationals have had passports cancelled and fear renewing the documents …