The Tamil Nadu government has reduced the annual revenue deficit by about Rs 30,000 crore in the revised estimates of the current year, from about Rs 62,000 crore inherited when the DMK assumed office nearly two years ago, Finance Minister Palanivel Thiaga Rajan said on Monday. Presenting a tax-free budget for 2023-24 in the Assembly, … Read more
The finance ministry has stepped up the scrutiny of capital expenditure by various departments like never before to ensure they utilise the funds on time and help stimulate growth, officials said. Spending by states, which will get 13% of the Centre’s FY24 budgetary capex outlay in the form of long-term, interest-free loans for asset creation, … Read more
The Madhya Pradesh government on Wednesday presented a Rs 3.14 lakh crore Budget for 2023-24 with a provision of Rs 8,000 crore for Mukhkyamantri Ladli Behna Yojna, a new scheme to be rolled out for the welfare women in the state where the Assembly polls are due this year-end. No new taxes were announced in … Read more
The second leg of the Budget session will commence on Monday with the government asserting that its priority is to pass the Finance Bill and the Opposition planning to raise issues like the action of central agencies against the BJP’s political rivals and allegations against the Adani group. The opposition parties will meet on Monday … Read more
The government may not achieve a revised tax collection target of Rs 30.43 lakh crore for the current financial year, a top official said. Revised estimate was raised steeply by over 10 per cent from the budget estimate in the FY24 Budget presented last month, the official said. The revised estimates (RE) for the current … Read more
The government may not achieve a revised tax collection target of Rs 30.43 lakh crore for the current financial year, a top official said. Revised estimate was raised steeply by over 10 per cent from the budget estimate in the FY24 Budget presented last month, the official said. The revised estimates (RE) for the current … Read more
The Jharkhand government on Friday tabled a Rs 1.16 lakh crore budget for the 2023-24 fiscal in the assembly. The budgetary estimates for FY24 were 15 per cent higher than the previous annual financial statement. The Hemant Soren government had presented a budget of Rs 1.01 lakh crore for the financial year 2022-23. “I lay … Read more