Page 4 - Budget Estimates

A day after, bond yield closes flat at 6.16% amid liquidity surplus

Given the plan to borrow an additional Rs 4.2 trillion from the market, yields will show a tendency to move up. But, the huge liquidity in the system kept the rise in check, bond dealers said.

Govt unlikely to grant any package for industry to pay workers' salaries

"The government lacks the fiscal space. It will not be feasible to give grants to the industry to take care of its wage bills," sources said.

States also flout Budget numbers discipline

More attention needs to be focused on state Budgets

Chhattisgarh's subsidy burden up by 41%, CM presents Rs 95,650 cr budget

Besides loan waivers, the state government had doled out a number of subsidy schemes last year. The bonus to farmers, reducing the electricity bill to half were a few

April-January fiscal deficit hits 128.5% of FY20 revised estimates

As a percentage of the Budget estimates of Rs 7.04 trillion, the fiscal deficit was a staggering 140 per cent

Odisha tables revenue surplus budget with total outgo pegged at Rs 1.5 trn

Budget estimates fiscal deficit to be at 3.4%, within permissible limit of FRBM target

Why govt may have to lower its FY20 tax revenue target a second time

For this financial year, the Budget has already slashed the net tax revenue figures by Rs 1.45 trillion in RE to Rs 15.04 trillion, down from Rs 16.49 trillion given in the BE in July 2019

Budget 2020: Govt depts to create over 260,000 jobs between 2019 and 2021

The highest 79,353 jobs are estimated to be created in policing

Fiscal deficit hits 132% of estimate till Dec on slow revenue collection

The government aims to restrict the gap at 3.3 per cent of the GDP or Rs 7,03,760 crore in the year ending March 2020

GST, VAT collection dips as 6 states' tax revenue till November FY20 falls

On the other hand, tax revenues rose 13.44 per cent for West Bengal in this period

Govt's fiscal woes likely to climb as gross spending to rise by 20%: Report

The total budgeted expenditure of the central government for 2019-20 is Rs 27.86 trillion.

What various sectors of the economy wants from Budget 2020?

Here are the list of demands from Sitharaman and her budget team across various sectors of the economy

Govt cuts expenditure limit for March quarter as revenue collection falls

The government has asked all departments to restrict the expenses to 25 per cent of the Budget Estimate (BE) in January-March

Central GST collection falls short of budget estimate by 40% during Apr-Nov

The minister said that as many as 999 cases were registered till October in the current fiscal for GST evasion and Rs 8,134.39 crore has been recovered.

Govt has no plans to revise fiscal deficit target, says MoS Finance Thakur

Thakur also listed out the steps taken by the government to boost economic activities.

Low tax revenue, high spend push H1 fiscal deficit to 93% of FY20 target

Though the figure seemed alarming, it was bit lower than 95.3 per cent in the corresponding period of 2018-19

FY20 gross tax revenue likely to fall short by around Rs 2 trillion

FinMin is said to have shared assessment with 15th FC

August fiscal deficit hits 78.7% of FY20 target at Rs 5.5 trillion

Subdued revenues, corporation tax rate cuts may widen deficit

Fiscal deficit touches Rs 4.32 trillion in Q1, 61.4% of budget estimate

The CGA data showed that revenue receipts of the government during April-June, 2019-20 was 14.4 per cent of the Budget Estimate

Budget 2019: Fiscally responsible with a reforms thrust, but protectionist

The finance minister's revenue efforts represent a mix of progressive taxation, dipping into the petroleum sector for collecting more taxes and growing protectionism