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HomeNewsOpinionBudget 2024: Striking a balance between growth and fiscal prospects

Budget 2024: Striking a balance between growth and fiscal prospects

The scope for reducing revenue expenditure growth may be limited since it is already quite low. The main adjustment will have to be on the side of capital expenditure growth 

January 16, 2024 / 10:33 IST
While the budget had assumed a tax buoyancy of 0.99, the realized tax buoyancy in the first half of 2023-24 is 1.9
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