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Fiscal Deficit Budget 2010

Govt may stick to fiscal deficit target, says EACs Surjit Bhalla 

Oct 18, 2017 at 07:56 | Source:Reuters

Prime Minister Narendra Modi's government has already used up nearly all of its budget for the current fiscal year and tax revenues are expected to fall far short of initial expectations. At the same time economic growth has slowed, sparking calls for more stimulus.

Fiscal deficit touches 96.1% of budget estimate at August-end 

Sep 29, 2017 at 18:12 | Source:PTI

During the same period of last financial year, 2016-17, it was 76.4 per cent of the target.

Keep fiscal deficit at 3% till March 2020, says FRBM panel 

Apr 13, 2017 at 08:20 | Source:PTI

Calling for more focus on debt-to-GDP ratio, its recommendation for the fiscal deficit for the current fiscal is lower than 3.2 per cent that Finance Minister Arun Jaitley has set for himself in the Budget for 2017-18.

Comment: The economics of farm loan write-offs; Will Yogi Adityanath walk the talk on Tuesday? 

Apr 04, 2017 at 08:26 | Source:Moneycontrol.com

Uttar Pradesh Chief Minister Yogi Adityanath will chair the new governments first cabinet meeting on Tuesday amid heightened expectations that a farm loan waiver scheme will be approved, signalling the governments intent to walk the talk on a key poll promise.

State govts' fiscal gap to remain elevated in FY18: HSBC 

Mar 31, 2017 at 19:24 | Source:PTI

Foreign brokerage HSBC today said despite financial support from the Centre, Indian state governments' fiscal deficit widened more than budgeted and the gap will remain at the elevated level in 2017-18.

April-Feb fiscal deficit at Rs 6.05 lakh crore, stands at 113% of FY17 estimate 

Mar 31, 2017 at 16:11 | Source:Moneycontrol.com

Net tax receipts stood at Rs 8.85 lakh crore for the same period and for the month of February the deficit is seen at Rs 41,400 crore against Rs 40,600 crore (YoY).

Union Budget Series: Bridging the deficit 

Mar 03, 2017 at 14:11 | Source:Moneycontrol.com

The fiscal deficit is a measure of the governments annual borrowing. The government borrows because its expenses, like those of a household, often exceed income. It raises loans from the market; issues treasury bills and borrows from small savers.

Union Budget Series: Finance ministers and their Budget speeches 

Mar 03, 2017 at 14:11 | Source:Moneycontrol.com

Finance in their Budget speeches have often quoted poets, saints, economists and litterateurs to buttress a given political social and economic context.

Union Budget Series: Key takeaway from economic survey 

Mar 03, 2017 at 14:11 | Source:Moneycontrol.com

Finance Minister Arun Jaitley presented the economic survey, authored by the chief economic adviser, on Tuesday January 31, 2017. It is an official report on the economy and sets the tone for the Union Budget.

Union Budget Series: Key terms in the Budget 

Mar 03, 2017 at 14:11 | Source:Moneycontrol.com

Financial year and assessment year. Financial year (FY) runs from April 1 to March 31 of the next year; assessment year (AY) is the year following the FY. Tax on income earned in an FY is paid during the AY.

Union Budget Series: Parliamentary process 

Mar 03, 2017 at 14:11 | Source:Moneycontrol.com

It all begins with the finance ministers speech in the Lok Sabha. The Budget is then tabled in parliament. Discussions on the economy and broad Budget measures take place without voting. The parliament then breaks for a three-week recess. Parliamentary Standing Committees give reports on ministries estimates or demands for grants.

Union Budget Series: Making of Budget 

Mar 03, 2017 at 14:11 | Source:Moneycontrol.com

The exercise to make the Budget is a long-drawn one. It juggles political pressures, economys priorities and utmost secrecy. Budget work begins in August with a circular to ministries and departments. They reply with details of funds they need.

Fiscal Deficit: April-Jan deficit at 105% of FY17 estimate, at Rs 5.64 lakh cr 

Feb 28, 2017 at 17:12 | Source:Moneycontrol.com

The fiscal deficit for April top January period came at 5.64 lakh crore as against Rs 5.32 lakh crore year-on-year (YoY). The fiscal deficit for the period is 105.7 percent of the FY17 Budget estimate.

Negative impact of note ban on economy reversing: S&P 

Feb 23, 2017 at 09:14 | Source:PTI

In its APAC Economic Snapshots, S&P also said that fiscal deficit target of 3.2 percent for the next financial year announced in Budget is "reasonably ambitious".

3.2% fiscal deficit target realistic; revenues to improve: Das 

Feb 08, 2017 at 15:00 | Source:PTI

"Revenue if at all can exceed because people are pointing out that you have not taken into account windfall you will get from RBI because of demonetisation," he told PTI in an interview.

This is how Tally CFO decodes Budget 2017 

Feb 07, 2017 at 21:48 | Source:Moneycontrol.com

The best thing Mr. Jaitley has done is he has not tinkered too much, especially with indirect taxes and has gone with the flow which have made the markets buoyant. Overall, the economy is going in the right direction with a fiscal deficit of 3.2%.

Arun Jaitley to address RBI, Sebi boards on February 11 

Feb 07, 2017 at 15:12 | Source:PTI

The customary post-Budget address of the Finance Minister before the boards of the two regulators comes against the backdrop of the government pegging fiscal deficit at 3.2 percent of GDP for the financial year ending March 2018.

Union Budget 2017-2018 Review: Yes Securities 

Feb 03, 2017 at 12:22 | Source:Moneycontrol.com

Government projects fiscal deficit target of 3.2%, in line with market consensus. FY18 Revenue deficit pegged at 1.9%, below FRBM mandated level of 2.0%. Focus of the Budget on Investment and Consumption revival

Union Budget 2017-2018 Review: Maximus Securities 

Feb 03, 2017 at 12:22 | Source:Moneycontrol.com

GDP for Budget Estimate (BE) 2017-2018 has been projected at Rs 1,68,47,455 cr assuming 11.75% growth over the Revised Estimates (RE) of 2016-2017 (Rs 1,50,75,429 crore). Fiscal deficit for 2017-18 is targeted at 3.2% of GDP and the government remains committed to achieve 3% in the following year

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