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fiscal deficit news

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State govt’s revenue in FY24-25 is 20,000 crore lower than estimated

The shortfall is almost 6% of the targeted revenue of 3,67,467 crore as per the revised estimates announced on March 10, when state finance minister Ajit Pawar presented the budget. (PTI)
Published on Apr 06, 2025 08:26 AM IST

Govt scraps its ambitious 1 crop insurance scheme 

The number of applications under the scheme had gone up to 1.71 crore, against 1.70 registered farmers. (HT Photo)
Published on Apr 01, 2025 06:08 AM IST

Punjab second-most indebted state in country, reveals data

Union minister of state for finance Pankaj Chaudhary shared this information on the estimated outstanding liabilities and debt to GSDP ratio of all states as on March 31, 2025, in response to Chandigarh MP Manish Tewari’s unstarred question in the Lok Sabha in this regard.
Published on Mar 25, 2025 09:48 AM IST

Haryana Congress leader Hooda picks holes in 2025-26 budget estimates

During the general discussion on the budget estimates, Congress leader Bhupinder Singh Hooda said though the chief minister claimed in his budget address that the revenue deficit, fiscal deficit and debt to GSDP ratio was within prescribed limits, a 2022-23 audit report of the comptroller and auditor general (CAG) tells a different story. (HT File)
Published on Mar 21, 2025 12:04 PM IST

Haryana budget: Focus on women, AI but dip in capex a worry

Haryana chief minister Nayab Singh Saini (Keshav Singh/HT)
Published on Mar 18, 2025 09:46 AM IST

Rebuilding Mumbai, reviving Maharashtra

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The Ladki Bahin scheme may have propelled the Mahayuti to a decisive win last year, but it may not be sustainable in the long run. The ruling alliance realises it (HT Photo)
Published on Mar 14, 2025 09:43 PM IST

Madhya Pradesh: FM Jagdish Deoda presents budget of 4.21 lakh cr

The minister also introduced 12 new schemes providing better services to people of the state. (MP Vishan Sabha)
Published on Mar 13, 2025 12:46 PM IST

Sitharaman says law and order situation improved in Manipur

Union Finance Minister Nirmala Sitharaman said on Tuesday that all financial support will be provided to Manipur (Sansad TV)
Published on Mar 12, 2025 07:30 AM IST

Mahayuti avoids populist schemes in the first budget after returning to power

Mumbai: Maharashtra Deputy Chief Minister Ajit Pawar and MoS for Finance Ashish Jaiswal arrive to present the state Budget 2025-26 during the Budget session, in Mumbai, Monday, March 10, 2025. (PTI Photo) (PTI03_10_2025_000234B) (PTI)
Published on Mar 11, 2025 07:50 AM IST

Karnataka Budget 2025 is gift to people: Dy CM DK Shivakumar

Karnataka deputy chief minister DK Shivakumar.
Published on Mar 08, 2025 10:11 AM IST

What the virus cost us: 5 years on, Roshan Kishore writes on the pandemic impact

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(HT Illustration: Rahul Pakarath)
Updated on Mar 08, 2025 12:53 AM IST

'Halal budget': BJP slams Karnataka government over budget priorities

BJP leaders R Ashoka, BY Vijayendra and others stage protest outside Vidhana Soudha.
Updated on Mar 07, 2025 01:40 PM IST

Siddaramaiah to present his 16th budget in assembly today

Chief minister Siddaramaiah will on Friday present his 16th Karnataka Budget — the most by any leader in the state’s history (CMofKarnataka-X)
Published on Mar 07, 2025 07:20 AM IST

Chhattisgarh: 1.65 lakh crore budget focusses on rural development, security

The Chhattisgarh legislative assembly. (File Photo)
Updated on Mar 04, 2025 03:49 PM IST

India’s GDP growth picks up in Q3 at 6.2%

The latest GDP numbers also mean that the Indian economy has lost 2.7 percentage points in terms of growth momentum between 2023-24 and 2024-25. Even form a supply side perspective, the slowdown is pretty sharp. (Shutterstock)
Published on Mar 02, 2025 11:37 AM IST

Cash-strapped Maha govt initiates spending cuts from 5-30%

Struggling to balance the books after launching several populist schemes, such as the Majhi Ladki Bahin Yojana, ahead of last year’s assembly elections, the state government will cut spending by 5-30% across various departments. (Praful Gangurde/HT Photo)
Updated on Feb 13, 2025 06:31 AM IST

No populist measure as Kerala budget focusses on infra push

Kerala finance minister KN Balagopal presents the state budget 2025 at the state legislative assembly in Thiruvananthapuram on Friday. (ANI)
Published on Feb 08, 2025 08:14 AM IST

What the budget does for demand

What the budget does for demand
Published on Feb 02, 2025 06:36 AM IST

What the budget does for the fisc

What the budget does for the fisc
Published on Feb 02, 2025 06:34 AM IST

A budget that ticks all boxes

Ranchi, Feb 01 (ANI): People watch the live telecast of Union Budget 2025 presented by Finance Minister Nirmala Sitharaman in the Lok Sabha of the Parliament, at a television showroom in Ranchi on Saturday. (ANI Photo) (Somnath Sen)
Published on Feb 02, 2025 02:44 AM IST

Centre seeks 9% boost from RBI, banks to offset income tax cuts: Report

Prime Minister Narendra Modi and union ministers greet finance minister Nirmala Sitharaman after she presented the Union Budget 2025-26 in the Lok Sabha.
Updated on Feb 01, 2025 06:49 PM IST

Budget 2025: Centre targets fiscal deficit at 4.4%

Union Finance Minister Nirmala Sitharaman presents the Union Budget 2025-26 in the Lok Sabha, in New Delhi, Saturday.
Published on Feb 01, 2025 02:46 PM IST

New Income Tax slabs salary-wise calculation: Who will pay zero tax?

Union finance minister Nirmala Sitharaman presenting the Union budget. (PTI)
Updated on Feb 01, 2025 04:18 PM IST

Revised income tax slabs: How much do you save? Calculation of benefits

Revised Income tax slabs: Under the new tax regime, a nil tax slab will apply to annual incomes up to 12 lakh ( 12.75 lakh for salaried taxpayers with a standard deduction of 75,000).
Updated on Feb 01, 2025 05:16 PM IST

Budget 2025: How to read the documents that FM Sitharaman will present

Union finance minister Nirmala Sitharaman tabled the Economic Survey on Friday (PTI)
Updated on Jan 31, 2025 04:46 PM IST

Union Budget: 25 key terms you must know before Nirmala Sitharaman's speech

Budget 2025: Union Finance Minister Nirmala Sitharaman chairs a meeting on Pre-Budget Consultation with states and union territories (with legislature) for the forthcoming Union Budget 2025-26, in Jaisalmer
Published on Jan 15, 2025 07:48 AM IST

Union Budget 2025 may focus on controlling govt debt, says Goldman Sachs report

Union finance minister Nirmala Sitharaman carrying the Budget tablet.
Published on Jan 13, 2025 05:01 PM IST

Maharashtra: Stamp duty, registration below target, lower than last 2 years

Stamp duty, registration below target, lower than last 2 yrs’ collection
Updated on Jan 02, 2025 09:02 AM IST

France is not alone in its fiscal woes

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French President Emmanuel Macron stands at attention during commemorations marking the 106th anniversary of the November 11, 1918, Armistice, ending World War I, at the Arc de Triomphe in Paris, Monday, Nov. 11, 2024.
Published on Dec 28, 2024 08:00 AM IST

Excise dept proposes new liquor licenses to cap fiscal deficit

Excise dept proposes new liquor licenses to cap fiscal deficit
Updated on Dec 25, 2024 06:08 AM IST