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REVENUE-EXPENDITURE
Cabinet approves Rs 10,000 crore SME Growth Fund for small and medium enterprisesThe Union Cabinet approved a Rs 10,000 crore SME Growth Fund to support micro, small, and medium enterprises. This fund is part of the gove...- Frequent elections tilt spending away from capex, CEA tells JPC on simultaneous polls bills; economists back the ideaGurumurthy has argued that frequent elections disrupt the federal structure and proposed simultaneous elections. Chief Economic Adviser V A...
- April-August fiscal gap widens to ₹7.1 lakh crore on higher capex, subsidy outgoThe Centre’s fiscal deficit rose to ₹7.1 lakh crore, or 41.9% of the FY27 target, by August, up from ₹6 lakh crore a year earlier, official...
- India's fiscal deficit for April-August at Rs 7.10 lakh crore, widens to 41.9% of FY27 aimAs FY27 progresses, India's fiscal deficit climbed to an alarming Rs 7.10 lakh crore within the first five months, representing 41.9% of th...
- 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, ...
- 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 ...
- 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.
- 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.
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