Page 49 - Fiscal Deficit

Compensation cess of Rs 200 billion to help govt cut fiscal deficit

For taking over some portion of compensation cess, govt got legal backing through an amendment to the GST (Compensation to States) Act in the monsoon session of Parliament

Govt to meet fiscal deficit target of 3.3% despite GST rate cut: Jaitley

As per the latest data, the fiscal deficit in the April-October period stood at 103.9% of Budget estimates

Govt wants Rs 100 bn interim dividend from RBI for fiscal deficit target

Reserve Bank had paid the same amount last financial year

FM Jaitley may still manage to meet FY19 fiscal deficit target: Here's why

In 2 of the 3 pre-election years since FRBM idea was mooted, the finance ministry has succeeded in meeting fiscal targets; the only exception was 2008, when a global meltdown weighed on the economy

Govt will stick to 3.3% fiscal deficit target for FY19: Arun Jaitley

Jaitley also said India will clock a growth rate of 7-8 per cent despite global uncertainties and will retain the tag of the world's fastest growing major economy

A balancing act

The govt should be flexible on the fiscal position

Govt confident of meeting fiscal deficit target despite GST shortfall

Centre expects direct taxes to overshoot target by Rs 300 billion

Govt should find fiscal space to ramp up investments, says NITI Aayog V-C

Banks under prompt corrective action (PCA) should be allowed to part-lend again, says Rajiv Kumar

April-October fiscal deficit breaches full-year target at Rs 6.24 trillion

Total expenditure of the government at October-end was Rs 14.56 trillion or 59.6 per cent of budgeted estimates

Govt may resort to tested ways to meet fiscal deficit target of 3.3% of GDP

Finance Minister Arun Jaitley has publicly committed to meet the fiscal deficit target without compromising on capital expenditure

Govt should stick to fiscal deficit target for 2018-19: Arvind Panagariya

The government aims to strictly maintain 3.3 per cent fiscal deficit target for 2018-19 fiscal

Market can get worse before it gets better

Corporate results indicate that consumption may be softer than hoped-for and analysts are predicting downgrades for second-half earnings

Govt is considering a number of steps to ensure there's no fiscal breach

Government has so far maintained that the 3.3% target will be met

In first 6 months, fiscal deficit at 95.3% of Rs 6.24-trn full-year target

Govt looks set to overshoot 3.3% mark

Fiscal deficit widens in first half of 2018-19 to 95.3% of FY19 estimate

The government has budgeted to cut fiscal deficit to 3.3 per cent of GDP in 2018-19 from 3.53 per cent in the previous financial year

Modi govt confident of meeting fiscal deficit target but faces challenges

While the direct tax collections so far are encouraging, other indicators show the Centre has a formidable task

Living on hope

Meeting the fiscal deficit target looks challenging

Govt has no excuses on fiscal deficit this year, says Rathin Roy

When the rupee depreciates beyond that range, we have to ask what factors are behind it

From GST shortfall to MSP hike, Jaitley's fiscal promise faces many hurdles

The combined central GST, state GST and integrated GST target that the government is aiming for is Rs 1 trillion per month

India's fiscal deficit reaches at 86.5% of FY19 budget target in April-July

Total expenditure for April-July was nearly Rs 8.90 trillion