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Fiscal Deficit

Jul 10, 2014 at 13:28 | Source: Moneycontrol.com
Whilst a budgeted fiscal deficit of around 4.1% in 2014-15 is around expected line, the good news is the roadmap to get it down to 3 percent in a phased manner over the next two years. The key watch point will be buoyancy of tax collections and other non tax revenues especially in the back drop of a GDP projection of 5.4 to 5.9% for 2014-15.
Jul 10, 2014 at 12:43 | Source: CNBC-TV18
Revenue deficit to be 2.9 percent of GDP in this fiscal, says FM. Basic tax exemption limit raised to Rs 2.5 lakh, and Rs 3 lakh for senior citizens. No changes made in corporate or other direct taxes. Limits under section 80C raised to Rs 1.5 lakh - as indicated in raising the PPF limit to Rs 1.5 lakh.
Jul 10, 2014 at 12:40 | Source: CNBC-TV18
Finance Minister Arun Jaitley Union Budget has delivered the Budget speech in Parliament. Catch live updates here.
Jul 10, 2014 at 12:25 | Source: Reuters
Finance Minister Arun Jaitley detailed his Budget for 2014/15 on Thursday, the first under Prime Minister Narendra Modi's new government.
Jul 10, 2014 at 12:14 | Source: CNBC-TV18
Ratnesh Kumar, Standard Chartered Securities in an interview to CNBC-TV18 said the FM did stick to the fiscal deficit target of 4.1% but has given a road map
Jul 10, 2014 at 12:11 | Source: CNBC-TV18
Jaitley pegged the FY15 fiscal deficit target at 4.5 percent, but added that he will try to meet the 4.1 percent fiscal deficit target set by his predecessor. He pegged the FY16 fiscal deficit target at 3.6 percent, while for FY17 the target he is working on is 3 percent.
Jul 10, 2014 at 11:48 | Source: Reuters
The Nifty is 0.15 percent lower ahead of the Narendra Modi government's maiden budget at 11 a.m. Fiscal deficit, disinvestment and market borrowing numbers would be critical, investors say.
Jul 10, 2014 at 11:44 | Source: CNBC-TV18
Finance Minister Arun Jaitley laid down the roadmap of BJP-led NDA government in his maiden Budget speech on Thursday. Spealling out what was already expected, Jaitley said the government cannot spend beyond its means as it does not want to leave behind debt for future generations.
Jul 10, 2014 at 11:18 | Source: Firstpost.com
Arun Jaitley will present the Modi's government's maiden budget in just over an hour and not surprisingly, the markets are flat. But market mavens are not sitting idle. They have their scoresheets ready, and if Arun Jaitley does not get a decent grade in their scoresheet, they will vote with their feet.
Jul 10, 2014 at 11:10 | Source: Moneycontrol.com
FM said the government will meet 4.1 percent fiscal deficit target. There are green shoots of recovery being seen in the global economy, says Jaitley in his Budget speech. Says India unhesitatingly wants to grow. There are green shoots of recovery being seen in the global economy, he adds.
Messages on Fiscal Deficit »

R Jagannathan

Platinum Member

966 Followers

Budget  

of fiscal deficit for 2013-14 - which according to this restatement is now at 5.1 percent. It is from this new base that we will get into a phase of honest accounting. Though it is not always possible to estimate revenues and expenditures for the year ahead, we have taken a policy decision to present future

11.22 AM Jul 8th

Siddhartha Sanyal

Platinum Member

1 Followers

Other Market Topics  

What do you think would the fiscal deficit target be?

12.39 PM Jul 7th

CA RAJIV

Platinum Member

148 Followers

Other Market Topics  

The previous government seems to have manipulated fiscal deficit figures by postponing major expenditure to April and May. That is the obvious reason why we see 45% of total expenditures for fy14-15 happening in just these two months of April and May . Going by this trend we may exceed

9.53 PM Jul 6th

cshar

Gold Member

19 Followers

Suzlon Energy  

market is not bothered about fiscal deficit , main issus is how that fiacal deficit is passed in economy , subsidy or investment . budget will be good by supressing subsidy & encouraging growth by investment.

4.22 PM Jul 6th

pandyapp

Platinum Member

290 Followers

Sterling Bio  

Lessons For Equity:- Obstacles will come, Economic Cycle, Political Instability, Government Failure, Currency & Bond movements, Sub-prime issues (USA -2008), FII’s coming and leaving India, Inflation Worries, GDP, Fiscal Deficit, CAD, Budget, Scams, War etc., etc., do not eye off your Financial

7.27 PM Jul 5th

achuta_balu

Platinum Member

56 Followers

Indian indices  

All, Howz weekend going on...Budget to go on live in 3 days...agenda looks: Fiscal deficit reduction and Debt accumilation..both the points are very dangerous to market for short run but in long run it will be good....very much doubt - How the govt will be for long run,,,,can it be the same square

3.53 PM Jul 5th

jugaadiya

Platinum Member

157 Followers

Navneet  

This stock is going to get least affected by any of the negative factors which hinder other stocks like inflation,high fiscal deficit etc since it is a well established company in the Education sector which is not going to be in any kind of recession for a long time to come. It has got a terriffic

10.35 AM Jul 4th

captain.kir
k

Silver Member

6 Followers

Budget  

Ambit lauds Jaitley, says FY15 fiscal deficit target absurd

6.53 PM Jul 3rd

R Jagannathan

Platinum Member

966 Followers

Politics  

Fiscal deficit almost half of full-year target in 2 months: Here’s why Chidu’s to be blamed; When Narendra Modi talked about the “empty coffers” left behind by the UPA, P Chidambaram, who was in charge of the coffers till 26 May 2014, claimed this was nonsense. He claimed he was leaving Rs 26

12.40 PM Jul 3rd

Web Messenger

Platinum Member

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Economy  

Source:Economic Times - MUMBAI: Finance minister Arun Jaitley may revise upwards the fiscal deficit target for the current fiscal to 4.42 per cent up from 4.1 per cent projected in the interim budget, says a report by the Economic Research Department of State Bank of India (SBI).

3.19 PM Jul 2nd

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