English
Specials
    Go Ad-Free
    My Alerts
    Moneycontrol
    Moneycontrol PRO
    HomeNewsBusinessBudgetBudget 2012: To make some amendments to FRBM act

    Budget 2012: To make some amendments to FRBM act

    Finance Minister in his Budget speech stated that FRBM implementation is back on track and there will be some amendments to FRBM act.

    March 16, 2012 / 11:28 IST

    Finance Minister in his Budget speech stated that FRBM implementation is back on track and there will be some amendments to FRBM act.


     


    This is what Pranab Mukherji had said in his Budget speech in February 2011.


     

    "The Thirteenth Finance Commission has worked out a fiscal consolidation road map for States requiring them to eliminate revenue deficit and achieve a fiscal deficit of 3 per cent of their respective Gross State Domestic Product latest by 2014-15. It has also recommended a combined States
    first published: Mar 16, 2012 10:15 am

    Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

    Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347