Page 44 - Fiscal Deficit

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

Subdued revenues, corporation tax rate cuts may widen deficit

Rate cuts fail to cheer bond market worried about Modi govt's borrowing

All eyes are now on the government's financing plans for the fiscal second half due today, with traders concerned that the authorities could increase bond sales beyond the Rs 2.68 trillion set earlier

April-August fiscal deficit 78.7% of Rs 7.04 trillion FY20 target

The deficit was at 86.5 per cent of the 2018-19 Budget Estimate (BE) in corresponding month a year ago

Govt may seek Rs 30,000 crore interim dividend from RBI, says report

Last fiscal, the RBI paid Rs 28,000 crore as interim dividend

Tax cut will give much more in long run than revenue lost: Revenue Secy

In an interview with Indivjal Dhasmana, Revenue Secretary A B Pandey tells that the crucial parameter is whether the deficit number reflects disciplined fiscal behaviour of the central government

Underestimates & overreactions: The math behind FM's corporation tax cuts

Why the impact of the corporation tax cut may not be as substantial on the fisc or on India Inc

Bond traders caught off-guard as talk of limited fiscal space gains ground

A gauge of volatility for India's 10-year sovereign bonds rose to an eight-month high

No plans to revise fiscal deficit target or cut spending now: Sitharaman

The government cut corporate tax rates on Friday in a surprise move designed to woo manufacturers, revive private investment and lift growth from a six-year low.

FM Sitharaman rules out any immediate plan for expenditure reduction

No change in fiscal deficit target for now, says FM Nirmala Sitharaman

Impact of corporate tax rate cut on firms, economy: Explained in six chart

After this cut, base corporate tax rate in India has become competitive and should help boost investment

After corporate tax cut, fiscal crisis reaches states' doorstep

The recent sentiment-boosting corporate tax cuts will cost the government Rs 1.45 trillion of gross tax revenue

Flip side of corporate tax bonanza: Fiscal deficit may rise to 3.7% of GDP

Centre may have to go for spending cuts and off-Budget borrowing

Worst-case scenario is a 0.5% fiscal slippage: Ashima Goyal on tax cut

If towards the end of the year, government finds that the deficit is rising, then they may cut expenditure, Goyal said

Bond traders on edge over possible stimulus; seek assurance on fiscal goals

The government will make every effort to ensure that the revenue loss from its latest booster won't affect its goal to narrow the fiscal gap to 3.3 per cent of GDP

Advance tax mop-up posts dismal growth, rises by just 6% in H1FY20

Direct tax collection needs to grow by about 27% from here on to meet FY20 Budget target

FinMin plans to release unspent money, boost demand amid economic slowdown

To look at fiscal deficit of entire country before starting pre-Budget consultations, cut off-Budget borrowings

Round 3 of economic stimulus: tax break for exports, help for real estate

FM rolls out Rs 20,000 crore fund for affordable, unfinished homes

Letter to BS: Govt must strike balance between savings and expenditure

The huge shortage in GST collection last year has widened the fiscal deficit

After RBI bailout, doubts emerge on how govt will pay for schemes in future

PM Modi announced a flurry of ambitious programmes to win over voters; he now has to find resources to fund recurring expenses for farm income, employment guarantees and health access

Why India could miss fiscal deficit target for the current financial year

By the end of 2019, govt could be forced to raise the fiscal deficit target to 3.5% of GDP from the current target of 3.3% as pressure for more stimulus mount