fiscal deficit

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    Tax Provisions Shift: Govt. Implements Finance Act 2026

    New Delhi, March 31 The government has notified the Finance Act 2026, paving the way for changes in tax provisions.This Act implements the financial proposals of the central government for 2026-27, a gazette notification dated March 30 issued by the Ministry of Law and Justice said."The...
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    Budget Breakdown: Himachal Pradesh Allocates Funds for 2026-27

    Shimla, March 30 The Himachal Pradesh Assembly passed the budget for 2026-27 and the related Appropriation Bill 2026 on Monday, authorizing the government to spend ₹58,830.30 crore from the consolidated fund.The revenue deficit in the budget presented by Chief Minister Sukhvinder Singh Sukhu...
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    India’s Fiscal Deficit at 80.4% of FY26 Target by February, Finances Stay on Track

    India’s Fiscal Deficit at 80.4% of FY26 Target by February, Finances Stay on TrackThe Centre’s fiscal position remained stable in FY26, with the fiscal deficit reaching 80.4% of the full-year target by the end of February, according to data released by the Comptroller General of Accounts.In...
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    Centre's Spending Exceeds Budget by February-End

    Centre’s Fiscal Deficit Reaches Rs 12.52 Lakh Crore at End of February New Delhi, March 30 – The Centre’s fiscal deficit reached Rs 12.52 lakh crore at the end of February, representing 80.4 per cent of the annual budget target for 2025-26, according to government data released on Monday. This...
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    India's Economic Fundamentals Strong, Rupee Stable - Official Report

    Rupee Performance Amid Global Uncertainty New Delhi, March 30 – Finance Minister Nirmala Sitharaman stated on Monday that India’s economic fundamentals remain robust, and the Indian rupee is performing well against the US dollar when compared to other emerging market economies. Rupee...
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    Centre Plans Rs 8 Lakh Crore Borrowing via Dated Securities in H1 FY27

    Centre Plans Rs 8 Lakh Crore Borrowing via Dated Securities in H1 FY27 Government Targets Fiscal Gap Funding Through Market Borrowings New Delhi, March 27: The Centre is set to raise Rs 8 lakh crore through dated securities during the April to September period of the financial year 2026-27, as...
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    Fiscal Reforms and Support: Highlights from the New Budget

    New Delhi, March 25 – Finance Minister Nirmala Sitharaman stated on Wednesday that the Union Budget includes several "supportive" measures for the middle class and MSMEs, and the government is moving forward with reforms based on conviction and clarity, rather than compulsion.In response to...
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    India's Finance Bill 2026 Moves Forward with Government Amendments

    Lok Sabha Passes Finance Bill 2026 with 32 Amendments New Delhi, March 25 – The Lok Sabha passed the Finance Bill 2026, accompanied by 32 government amendments, on Wednesday. The passage of the Finance Bill 2026 marks the completion of the Lok Sabha’s part of the budgetary approval process. The...
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    Delhi's Economy Projected to Grow by 9.42% with Rising Income and Investment

    New Delhi, March 23 – According to the 2025-26 economic survey report presented to the Delhi assembly by Chief Minister Rekha Gupta on Monday, Delhi's per capita income at current prices is likely to reach Rs 5,31,610, registering a growth of 7.92 per cent over 2024-25.The Chief Minister...
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    Budget Breakdown: Gujarat’s Spending Priorities Under Scrutiny

    Gandhinagar, March 23 – Gujarat Finance Minister Kanubhai Desai stated on Monday that the state government is maintaining strict fiscal discipline and meeting all prescribed financial targets, even as it continues to increase capital expenditure for development.Speaking during the Budget...
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    Delhi Economy Forecasts Growth, Targets Revenue Surplus

    Delhi’s Per Capita Income Projected at ₹5.31 Lakh in 2025–26 New Delhi, March 23 — According to the Delhi Economic Survey 2025–26, presented in the Assembly by Chief Minister Rekha Gupta, Delhi’s per capita income at current prices is expected to reach ₹5,31,610, registering a growth of 7.92%...
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    Larsen & Toubro Plans for Infrastructure Despite Rising Costs

    L&T Urges Continued Government Capex Despite Rising Import Bills Amid Middle East Tensions Mumbai, March 22: Larsen & Toubro (L&T) has called on the government to maintain its capital expenditure momentum despite mounting concerns over rising import bills triggered by elevated commodity prices...
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    Punjab FM Announces Rs 2.60 Lakh Crore Budget, Highlights Economic Growth

    Punjab Budget 2026-27: Harpal Singh Cheema Presents ₹2.60 Lakh Crore Plan, Says All Promises to People Fulfilled Punjab Government Unveils ₹2,60,437 Crore Budget Ahead of 2027 Polls Chandigarh, March 8: Punjab Finance Minister Harpal Singh Cheema on Sunday presented the state budget for the...
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    India GDP Growth Seen at 6.8–7.2% in FY27, EY Calls for Higher Tax-GDP Ratio to Achieve Viksit Bharat by 2047

    EY Projects 6.8–7.2% Real GDP Growth for FY27 India’s real GDP is projected to grow between 6.8 per cent and 7.2 per cent in FY27, according to the latest EY Economy Watch report released on Thursday.EY India Chief Policy Advisor D K Srivastava said that India’s medium-term growth prospects...
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    Tamil Nadu Interim Budget 2026-27: Rs 4,000 Crore for Free Bus Travel Scheme, Fiscal Deficit Targeted at 3% of GSDP

    Tamil Nadu Interim Budget 2026-27: Rs 4,000 Crore for Free Bus Travel Scheme, Fiscal Deficit Targeted at 3% of GSDP Chennai, February 17: Tamil Nadu Finance Minister Thangam Thenarasu on Tuesday presented the Interim Budget for 2026-27 in the state Assembly, allocating Rs 4,000 crore for the...
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    Himachal Pradesh Budget Session 2026: Revenue Deficit Grant Discontinuation to Dominate Vidhan Sabha Proceedings

    Three Day Budget Session Begins with Governor’s Address Shimla, February 15: Discussions on the discontinuation of the Revenue Deficit Grant and its impact on the state economy are set to dominate the three day budget session of the Himachal Pradesh Vidhan Sabha, beginning Monday with the...
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