Search For "fiscal"
Government likely to announce personal income tax relief in upcoming Budge
Updated : 1 year, 1 month ago IST
The government is expected to provide some relief to personal income taxpayers in the Union Budget for FY2026, according to a report by ICRA.
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India's fiscal deficit to shrink continuously amid strong tax revenues: Wo
Updated : 1 year, 1 month ago IST
The fiscal deficit in India is expected to shrink continuously, driven by growing tax revenues, according to the latest World Bank report.
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Budget 2025: Industry leaders say declining rupee will pose a challenge to
Updated : 1 year, 2 months ago IST
As Finance Minister Nirmala Sitharaman prepares to present her eighth budget, Industry leaders have shared their expectations, highlighting the need for reforms across taxation, fiscal policies, and market operations.
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Private equity AIFs deliver 21.5% IRR between FY13-24: Crisil-Oister repor
Updated : 1 year, 2 months ago IST
Alternative Investment Funds (AIFs) focused on unlisted securities have delivered impressive returns, achieving a pooled internal rate of return (IRR) of 21.5 per cent between fiscal years 2013 and 2024, according to the Crisil-Oister report, 'No ifs about AIFs 2.0'.
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Despite cyclical downturn in India, govt unlikely to unleash any fiscal st
Updated : 1 year, 2 months ago IST
India is currently experiencing a cyclical economic downturn, with gross domestic product (GDP) growth projected at 6.1 per cent for both FY25 and FY26, according to a report by Nirmal Bang.
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Union budget may see fiscal consolidation but rural, welfare and subsidies
Updated : 1 year, 2 months ago IST
With the Union Budget for FY26 scheduled to be presented on February 1, 2025, a report by Goldman Sachs underlined two key concerns for policymakers, the pace of fiscal consolidation and the government's spending priorities.
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Rural consumption will increase but urban consumption may slowdown further
Updated : 1 year, 2 months ago IST
The report identifies four factors--wealth effect, incomes, leverage, and fiscal transfers--as key drivers of consumption cycles. Over the past two decades, these drivers have influenced consumption across distinct phases, including periods of broad-based growth and K-shaped recovery.
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Railways spends 76% capex for capacity improvement by far in 2024-25
Updated : 1 year, 2 months ago IST
Keeping pace with the budgetary allocation, Indian Railways has spent 76 per cent of its budgetary outlay within the first nine months of the current fiscal year 2024-25.
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Budget should focus on increasing capex, checking fiscal deficit, reducing
Updated : 1 year, 2 months ago IST
Emphasis on fiscal consolidation, tax system simplification, and investment-driven growth, in the Budget 2025 will lay a solid foundation for sustained economic development in India, asserted global consulting and professional services firm Ernst & Young India.
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Indian economy expected to grow at 6.8 % in the next fiscal, FY2025-26: Ba
Updated : 1 year, 2 months ago IST
It may be a subdued growth in the current financial year but the Indian economy is projected to grow by 6.8 per cent in the financial year 2025-26, supported by strong high-frequency indicators, according to a report by Bank of Baroda.
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India's GDP to grow 6.4% in 2024-25 against 8.2% last fiscal, shows first
Updated : 1 year, 2 months ago IST
The Indian economy, in real terms, is expected to grow by 6.4 per cent in 2024-25 as compared to the 8.2 per cent growth in 2023-24. It is 20 basis points less than RBI estimates.
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India's Fiscal impulse improves in Nov'24; further pickup likely in rest o
Updated : 1 year, 2 months ago IST
India is on the path of fiscal prudence as the government has spent around 52.5 per cent of the budget estimate (BE) of its deficit in the first seven months of FY25, says a report by the Union Bank of India.
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