New Delhi [India], Feb 1 (ANI): The fiscal deficit target for next financial year beginning on April 1 has been pegged at 3.5 per cent of the gross domestic product (GDP), Financial Minister Nirmala Sitharaman said on Saturday.
Mumbai (Maharashtra) [India], Sep 21 (ANI): The government's decision to reduce the base corporate tax rate to 22 per cent from 30 per cent as part of stimulus measures to revive slowing economic growth is credit positive for companies because it will enable them to generate higher post-t
New Delhi [India], Sep 15 (ANI): Union Finance Minister Arun Jaitley on Saturday reiterated that the Bharatiya Janata Party (BJP)-led Central Government is confident of strictly maintaining the fiscal deficit target at 3.3 per cent.
New York [United States], June 7 (ANI): Credit ratings agency Moody's on Thursday said that it expects India to meet its fiscal deficit target of 3.3.percent of GDP for fiscal 2018-19, based on the incumbent government's commitment towards fiscal consolidation as well as its "achievable" bud
New Delhi [India], Apr. 2 (ANI): Finance Secretary Hasmukh Adhia on Monday opined that although the previous fiscal (FY 2017-18) was a 'year of uncertainty' in terms of revenue, the Centre is confident of meeting the fiscal deficit target.
New Delhi [India], Oct. 23 (ANI): The State Bank of India's (SBI) Economic Research Department in its report has claimed that fiscal deficit target of 3.2 percent is "on point", adding that projections of revenue slippage in FY18 are "grossly misconstrued".
New Delhi [India], Oct. 1 (ANI): Amidst concerns over slowdown in growth due to the transient disruptions in the economy following the implementation of the Goods and Services Tax (GST)and the remaining over-hang of demonetisation, India Inc is looking up to the government to take a few 'out
Mumbai (Maharashtra) [India], August 2 (ANI): Reserve Bank of India (RBI) Governor Urjit Patel on Wednesday highlighted that it is working in close coordination with the Centre to ease out corporate borrowings and recapitalise public sector banks within the fiscal deficit targets.