According to Bank of Baroda economist Sonal Badhan, the fiscal deficit target for FY24 is expected to be achieved at 5.9 per cent, with potential risks from lower-than-anticipated nominal GDP growth and higher expenditure.
The Economic Research Department of the State Bank of India (SBI) has released a comprehensive research report forecasting the fiscal scenario for the upcoming financial years.
New Delhi [India], January 24: With the Union Budget 2024 just around the corner, India Inc. is expecting significant announcements, including tax cuts, incentives and fiscal stimulus to drive the country's economic growth. The budget will be tabled by the Union Finance Minister, Nirmala
Jammu and Kashmir bank net profit rose 35 per cent year-on-year (YoY) to Rs 421.08 crore for the October-December Quarter (Q3FY 2024) when compared to Rs 311.59 crore registered for the same period last fiscal, an official release said.
According to a press release by Maruti Suzuki, the plant is anticipated to commence operations in the fiscal year 2028-29, with an annual production capacity reaching 1 million units. The total investment for this endeavour is estimated at 350 billion rupees, excluding land acquisition costs
According to Fitch Ratings, the vulnerability is particularly pronounced among nations with lower income per capita, weaker governance, and less prepared infrastructure.
The study indicates a notable decline of 52 per cent in toy imports and an impressive surge of 239 per cent in toy exports compared to the fiscal year 2014-15.
Punjab Finance, Planning, Excise, and Taxation Minister Advocate Harpal Singh Cheema on Wednesday said that the state has witnessed a net 16.52 percent growth rate in revenue from Goods and Services Tax (GST) and a 10.4 percent increase in revenue from Excise up to December in the current fi
According to a press release by the Ministry of Finance, this figure marked a substantial increase from the Rs 13.40 lakh crore collected in the corresponding period of the previous fiscal year (April-December 2022).
Minister Rushikesh Patel announced that the Gujarat budget for the upcoming fiscal year will be presented starting from February The assembly session, extending until February 29, will encompass a total of 23 days and host 26 meetings.
Agricultural pump makers are expected to see healthy revenue growth of 7-9 percent in fiscal year 2024-25, supported by resilient domestic demand for conventional pumps and a surge in demand for solar pumps under the PM Kusum Scheme, according to Crisil Ratings.