Search For "fiscal space"
Karnataka CM Siddaramaiah writes to Tamil Nadu CM MK Stalin backs national
Updated : 1 week, 3 days ago IST
In a post on X, Siddaramaiah said, "I have written to Tamil Nadu CM MK Stalin expressing Karnataka's strong support for a renewed national conversation on Union-State relations. Federalism is not a political demand - it is part of the basic structure of our Constitution. Over the years, i
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CM Sukhu meets Union Finance Minister, raises key fiscal issues of Himacha
Updated : 1 month, 3 weeks ago IST
Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu on Thursday called on Union Finance Minister Nirmala Sitharaman at New Delhi.
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Indian economy trapped between Goldilocks and Gridlock, shrinking fiscal s
Updated : 2 months, 1 week ago IST
India's much-discussed "Goldilocks" economic narrative is increasingly showing signs of strain, with weak tax buoyancy and shrinking fiscal space creating a policy gridlock, according to a report by Systematic Research.
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Centre to move Central Excise (Amendment) Bill for consideration in Parlia
Updated : 3 months, 1 week ago IST
Following the introduction of GST in 2017, the Centre had decreased central excise duties on tobacco and tobacco products to allow for the levy of compensation cess in GST without large impact on tax incidence. This bill seeks to amend the central excise rates, as the cess will be discont
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Govt may save over Rs 60,000 crore on Crude imports this fiscal: Experts
Updated : 1 year, 5 months ago IST
With the softening of crude prices in the international market, it is estimated that the government may save up to Rs 60,000 crore on crude imports this fiscal as compared to last year.
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States to sustain capex focus with improved fiscal space: Ind-Ra report
Updated : 1 year, 11 months ago IST
Anuradha Basumatari, Director of Public Finance at Ind-Ra, emphasized the favorable conditions for capital expenditure, stating, "Containment of the revenue deficit provides greater fiscal flexibility to states, which is favorable to capital expenditure and is expected to continue in FY25
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Pakistan caretaker Finance Minister rules out relief in power bills
Updated : 2 years, 6 months ago IST
Pakistan caretaker Finance Minister Shamshad Akhtar on Wednesday told senators and the electricity consumers to “manage (their) expectations” raised by caretaker Prime Minister Anwaarul Haq Kakar for relief in excessive power bills, saying the country’s fiscal space did not permit any subsid
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Japan must buck up national defense, create fiscal space for possible conf
Updated : 3 years, 7 months ago IST
Tokyo [Japan], August 6 (ANI): As brute China continues to seek escalation in the South China sea, Japan will have to up the ante in terms of its national defense and creating fiscal space for a possible conflict, especially after the US House Speaker Nancy Pelosi's Taiwan trip riled up Beij
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Fiscal space limited for many sovereigns, including India: Fitch Ratings
Updated : 6 years ago IST
London [UK], Mar 13 (ANI): All the G7 plus India are among the three weakest sovereigns in terms of public finances in their rating categories, according to Fitch Ratings.
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