New CAG data reveals states are diverging in fiscal health post-GST. Some states are effectively building revenue capacity, while others ar...

Over the past decade, India’s states have seen revenue expenditure outpace revenue growth, widening deficits. Efficient, outcome-based spen...

A recent CAG study reveals a mixed bag for state finances in India, with 16 states achieving a revenue surplus in fiscal year 2023, led by ...

A recent ICICI Bank report forecasts slower revenue growth for Indian states in FY26 compared to FY25, primarily due to weaker non-tax reve...

The growth rate of the combined revenue receipts of the 16 largest states has fallen by almost 80 per cent to 5 per cent during April-Novem...

On Tuesday, the British and Indian sides discussed issues of the Electric Propulsion Partnership like finalisation of the Statement of Tech...

Kerala's Finance Minister, K N Balagopal, believes that the state is in a growth phase and is poised for development in infrastructure, ind...

The AAP government's freebies push in Punjab will have the state, which already is one of the most fiscally stressed states, missing the fi...

"In accordance with the mandate of the Fiscal Responsibility Act of achieving zero-revenue deficit, the State will adopt a smooth glide pat...

In the Indian context, Prime Minister Narendra Modi has already initiated a discourse that challenges the deeply seeded culture of freebies...

From June this year, the Centre will stop giving states any compensation for tax collection shortfall. GST compensation for a five-year per...

"Ministry of Ports, Shipping and Waterways has compiled the draft guidelines for technical specifications of floating structures, with a vi...

Among the major states, those likely to be most impacted over the fiscal were Karnataka, Jharkhand, Tamil Nadu, Kerala and Odisha, whereas ...

The government proposed no new taxes but said the revenue deficit was estimated to be around Rs 14,300 crore.

Tamil Nadu Finance Minister D Jayakumar said that the "continuing sluggishness" of global and domestic economies and demonetisation has aff...

In December, it had 161 stores, which has gone up to 172 now, by the end of March this will touch 185 stores, 86 of them are in the GCC mar...

Among tax sops offered by the government, which Panneerselvam termed as 'critical concessions' to boost the manufacturing sector, were with...