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MAJOR BUDGETARY SAVINGS
After winning poll battles, Modi has picked up a new fightAmidst rising crude oil prices and a weakening rupee, Prime Minister Modi has urged Indians to embrace austerity. His call to reduce fuel c...- Parliamentary Panels flag ministries’ budget gaps: Funds cut at RE stage, still unspentParliamentary committees have flagged a consistent trend of central ministries failing to spend allocated budgets, leading to significant f...
- Unspent funds of up to ₹75,000 crore may help Centre meet FY26 fiscal deficit targetThe Indian government is poised to save ₹70,000-₹75,000 crore this fiscal year as several key ministries and welfare schemes underutilize t...
- CII proposes sovereign finance platform for long-term growthThe Confederation of Indian Industry unveils a bold initiative: the India Development and Strategic Fund. This fund is set to unlock substa...
- French deficit worsens to 'very rare' levelFrance's budget deficit exceeded expectations in 2023, reaching 5.5% of GDP, prompting concerns about President Macron's fiscal goals. The ...
- Armed Forces may soon recruit soldiers on short-term contractsThe unique concept, mooted two years ago, hinges on recruiting officers and soldiers on a fixed short-term contract into the armed forces. ...
- When What Goes Up Comes DownIf the markets correct, individual savers must have a safe haven, where to redeploy their savings. Stepping up policy action and spending t...
- Govt pursuing target of doubling farmers' income by 2022: TomarIn 2016, Prime Minister Narendra Modi-led government had set a highly ambitious target of doubling farmers incomes by 2022. An inter-minist...
- Army sets in motion its mega reform plan, to implement it with sense of urgencyThe Army plans to launch the major transformative exercise by early next year after fine-tuning the four studies, headed by senior lieutena...
- CAG report tabled in Bihar assembly, raps government for large savingsAccording to the report, large savings under various schemes/ sub-heads may affect the implementation of development programmes in the stat...
- 'Indian economy doing most poorly among major world economies'BJP today alleged that Indian economy is doing "most poorly" among major economies in the world and to say that it was doing well was "scan...
- Budget 2013: Give incentives for long-term savings, says Shikha Sharma, Axis BankThese incentives should not only be for the benefit of the banking sector, but also for all broad based savings instruments.
- Budget 2012: Growth stimulus in a challenging environmentFM has tried to revive investments, stimulate demand and remove infrastructure constraints in the Union Budget 2012.
- 22 crore high value transactions under I-T scannerThe department has obtained, through its data mining and intelligence tools, instances of unreported transactions involving an estimated am...
- Developers of power project in SEZs get duty reliefThe charges for the power project developers have come down to just 10 paisa per unit instead of 16% duty, which was almost 50 paisa per un...
- Unions against taxing savings schemes at time of withdrawalThe central trade unions will press for shelving of a proposal, that wants to tax withdrawals from savings schemes, including provident fun...
- I-T rejig to spur personal consumption: Anoop BhaskarThis Budget also pencils the intentions of the government regarding the forthcoming general election.
- Govt seeks Parliament approval for debt repaymentThe government on Monday sought Parliament's approval to spend extra Rs 1,676 crore for the Sarva Siksha Abhiyan Scheme, Rs 1,008 crore for...
- Budget provides relief to statesProviding relief to states reeling under financial stress, the Centre has announced a package including cheaper loans to states and 13% hik...
- Govt plans cheaper funding for statesThe finance ministry has mooted a proposal to ease the borrowing costs for states to finance their annual plans, which, if approved, could ...
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