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REVENUE-EXPENDITURE
Tribunal deletes Reliance Jio Infocomm's Rs 11,000 cr tax disallowanceThe Income Tax Appellate Tribunal deleted a significant tax disallowance imposed on Reliance Jio Infocomm. This ruling involved over eleven...- Agnipath reforms: Why Agniveers need longer service, higher retention and better career prospectsThe Agniveer scheme, initiated in 2022, is under scrutiny as discussions continue about its framework. As the government assesses input fro...
- There is one line where a loss can hide for years. If you own the stock, you find out lastEvery rupee a company spends has to be accounted for somewhere. A cost may be charged as an expense and reduce current profit, or it may be...
- CAG report flags fall in Delhi’s contribution to national GDPA CAG report shows Delhi's GSDP growth was slower than the national economy. Revenue receipts grew, driven by tax collections, while non-ta...
- CAG flags Rs 42 crore power subsidy to dormant consumers in Delhi, questions targeting of schemeCAG flagged Delhi government's power subsidy scheme irregularities and questioned beneficiary targeting. Over Rs 42 crore was disbursed to ...
- UP government presents first supplementary Budget worth Rs 59,019.54 crore amid Samajwadi Party protestUttar Pradesh tabled its first supplementary Budget for 2026-27, seeking additional expenditure of over Rs 59,000 crore. Proceedings were d...
- Centre releases Rs 1.09 lakh crore to states, advances August tax devolutionThe August 1 release is in addition to the regular monthly devolution due on August 10, giving states an early fiscal boost as they step up...
- Unfazed by West Asia crisis, fiscal deficit within range at 18.2% in Q1The Centre's fiscal deficit reached 18.2% of the full-year target in the first quarter. Higher spending was offset by stronger net tax coll...
- State borrowings must focus on asset creation, not just revenue expenditure: FM Nirmala SitharamanUnion Finance Minister Nirmala Sitharaman urged state governments to invest borrowed funds in long-term assets like schools and hospitals, ...
- States' expenditure rises 131% in 10 yrs on welfare, development: CAG ReportStates' spending surged 131 percent from 2015-16 to 2024-25. Welfare and development drove this growth. Revenue expenditure remained the la...
- West Bengal's revenue expenditure outpaces capital spending in H1 FY25: ReportWest Bengal's fiscal health shows a concerning imbalance, with revenue expenditure outpacing capital investment in the first half of FY25. ...
- Punjab's capital expenditure lowest in FY25 at 6.2 pc vs highest of Gujarat at 36.2 pc: NSEPunjab faces financial challenges in FY25 with the lowest capital-to-revenue expenditure ratio of 6.2%. States are anticipated to moderate ...
- In a first, Maharashtra lifts spending curbs to revive the economyThe state has budgeted Rs 43,000 crore of capital expenditure for FY'2021 which are essentially asset creating expenditure in infrastructur...
- CAG demonstrates how govt relies on off-budget resources to fund deficitIndia’s deficit numbers have come under lens as the govt is increasingly depending on off-budget borrowings.
- Top Army commanders kick off discussions to transform their force into a lean, mean fighting machineGrappling with a ballooning revenue expenditure that leaves little for modernisation, the Army plans to launch the massive transformative e...
- Abnormal lag in revenue expenditure irks Defence MinistryThe Ministry said that last minute expenses in the month of March will be subject to a special audit by Defence Minister Manohar Parrikar.
- Government capex to rise 25% to Rs 3.9 lakh crore in next 3 yearsDefence, which accounts for about 30% of the total outlay, will see the spending rise from Rs 91,580 crore in the current fiscal to Rs 1.1 ...
- CAG raps Punjab for utilizing borrowings for paying past debtReport also mentions Government of Punjab, did an excess expenditure of Rs 2,057.34 crore.
- Assam government should restrict non-plan revenue expenditure: CAG"The revenue receipts at Rs 27,455 crore is, higher by Rs 1,334 crore than the assessment made in Five Year Fiscal Plan (FYFP)," it said.
- Invest for a brighter morrowA high revenue expenditure isn't considered good as it suggests that the government is not investing enough in productive assets, as indica...
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