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Revenue Deficit

Jul 11, 2014 at 12:49 | Source: CNBC-TV18
According to Taimur Baig, if there is a huge pickup in economic buoyancy that raises tax revenues and if global fuel prices fall severely then there may be a slight change to achieve a fiscal deficit target of low 4 percent
Jul 11, 2014 at 10:51 | Source: CNBC-TV18
There are always ways to reach the 4.1 percent fiscal deficit number but there are questions on the revenue assumptions, says Sonal Varma India Economist Nomura Financial Advisory & Securities (India).
Jul 10, 2014 at 19:34 | Source: CNBC-TV18
Jaitley said he would prefer to lower fiscal deficit by boosting revenues rather than cutting down on expenditure.
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 08:05 | Source: CNBC-TV18
Arun Jaitley faces a Catch-22 situation. With growth at a decade low, the economy is crying out for spending but given the state of finances of the government, the FM also faces the daunting task of reining in spending. How will he balance the two?
Jul 10, 2014 at 08:05 | Source: Moneycontrol.com
Hopes are high that the new finance minister may announce tax sops for individuals. But in the face of high spending and low revenues sticking within the fiscal deficit limit outlined in the interim budget could itself be a challenge -- how will the FM pull this off?
Jul 07, 2014 at 17:14 | Source: CNBC-TV18
On divestment, over 67 percent expect the government to announce time-bound roadmap for stake sale in public sector units. This is essential to mobilise revenue to tame the deficit.
Jul 07, 2014 at 10:53 | Source: CNBC-TV18
Sajjid Chinoy of JP Morgan told CNBC-TV18 that he hopes the policymakers adopt a balanced path this time round with a credible assumptions on the revenue side and continuance in fiscal consolidation to lower fiscal deficit.
Jul 02, 2014 at 10:51 | Source: CNBC-TV18
Ambit Capital's Ritika Mukherjee also said the previous government's projection of 4.1% fiscal deficit is irrational as it was based on absurd assumption that tax revenue growth in FY15 will be 19 percent. "We see it at 15 percent, she said.
Messages on Revenue Deficit »

R Jagannathan

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Budget  

that complement the fiscal efforts to reduce inflation. We do not see the RBI and the finance ministry as antagonists in the fight against inflation. We also plan to shift our macroeconomic targeting to getting the revenue deficit to zero by the end of the NDA government`s term in 2018-19 - which means a cut

11.22 AM Jul 8th

R Jagannathan

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975 Followers

Economy  

changes in the fiscal roadmap as soon as he became finance minister in UPA-1 in 2004, and again changed it when he presented the last budget of UPA-1 in 2008, when he had to finance all his election-eve giveaways. This is what he said in his 2008-09 budget speech: "In the case of revenue deficit, I

6.53 PM Jun 3rd

R Jagannathan

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975 Followers

Politics  

or revenue deficit, he referred to more fundamental deficits: the governance deficit, the democratic deficit, the trust deficit, the moral deficit, the ease-of-doing-business deficit, and the safety and security deficit – among other deficits. He made his usual political point when he called the last 10

1.31 PM Feb 28th

Epic Research

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Market Advice  

expenditures. The difference between revenue receipts and revenue expenditure is usually negative. This means that the government spends more than it earns. This difference is called the revenue deficit.

6.27 PM Feb 18th

jakharmata

New Member

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Economy  

Being an Interim Budget , new Govt will have to formulate afresh. However present FM has always proved himself by achieving both fiscal and revenue deficits .

4.29 PM Feb 18th

R Jagannathan

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975 Followers

Budget  

the fiscal deficit, the real worrisome deficit – the revenue deficit – is unchanged in 2013-14 at 3.3 percent of GDP, and comes down only to 3 percent in 2014-15. So while Chidambaram expects the fiscal deficit to fall 0.5 percent from 4.6 percent to 4.1 percent, revenue deficit falls only 0.3 percent

2.58 PM Feb 17th

R Jagannathan

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975 Followers

Budget  

, but it is unreal, since it involves rolling over Rs 35,000 crore of fuel subsidies to the next year. And there could be more such accounting surprises once we read the fineprint. Second, real fiscal correction is far, far away, as the revenue deficit is still at 3.3 percent - same as in last year`s budget. Next

1.30 PM Feb 17th

R Jagannathan

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975 Followers

Budget  

models. Chidambaram’s red line is thus an effort to confuse you into believing that he is a stickler for prudence when it suggests no such thing. In fact, if at all any number ought to be given greater sanctity in the budget he will present later today, it is the revenue deficit – which measures

1.10 PM Feb 17th

R Jagannathan

Platinum Member

975 Followers

Economy  

on its core revenue deficit. Now it won’t. By chickening out, Rajan has flunked his test. He is making the same mistake made by his predecessor D Subbarao – giving the government too much of the benefit of doubt. He has eroded his own credibility as an inflation fighter.

11.33 AM Dec 19th 2013

Politics  

DUE TO SAID FOOD BILL REVENUE DEFICIT WILL INCREASED & SAID BURDEN WILL BE PASSED ON TO MIDDLE CLASS INCOME GROUP .THE SAID DECISION OF CONGRESS GOVT IS ELECTION BASE,HOWEVER CONG(I) WILL LOSS VOTES OF MIDDLE CLASS FAMILY.

2.11 PM Sep 3rd 2013

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Jul 11, 2014 at 03:37 | Source: Calcutta Telegraph News
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