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REVENUE-EXPENDITURE
Fiscal deficit in H1 rises to 42.1% of FY27 target on higher capex, subsidiesBy September 2026, the Centre's fiscal deficit had escalated to ₹7.14 lakh crore, exceeding last year's figures. This increase is fueled by...- India's fiscal deficit for April-September at Rs 7.14 lakh crore, widens to 42.1% of FY27 aimIndia's fiscal deficit for the first six months of the fiscal year reached Rs 7.14 lakh crore. Total receipts during this period equaled Rs...
- From Patna to Kanpur, can an emerging market fix dirty, broken cities?Patna is set to become the first municipality in Bihar to issue municipal bonds, raising Rs 200 crore for urban infrastructure. This move h...
- Uttarakhand government presents supplementary budget of Rs 7,844 croreUttarakhand Chief Minister Pushkar Singh Dhami has presented a supplementary budget of Rs 7,844.18 crore. This budget prioritises sectors s...
- Clock’s ticking for data protection, but the boardroom remains emptyUnder the Digital Personal Data Protection (DPDP) Rules, 2025, the framework for registering consent managers with the DPBI is scheduled to...
- Power to empower must include the power to stay well“The true value of power lies in its purpose,” the Prime Minister told the Bloomberg New Economy Forum in October. India’s next lever of po...
- India must avoid copying China's aggressive tax policies on private wealth and offshore assetsDeveloping economies often look to the US and China for cues on taxation, infra spending and policy. India, for one, must steer clear of em...
- 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...
- 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...
- 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. ...
- 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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