Govt has done well to stick to path of fiscal consolidation. It’s unclear if compression of revenue spends net of interest ...

Revenue deficit differs from fiscal deficit, which is a broader measure that includes all government spending (both revenue ...

KOCHI: Does Finance Minister K N Balagopal’s budget calculations add up, or is he offering empty promises that are reliant on ...

Till the end of December 2024, fiscal deficit was 56.7% of full year deficit of ₹16.13 Trillion. While the fiscal deficit ...

After Finance Minister Nirmala Sitharaman presented the 2025-26 Union Budget in the Lok Sabha on Saturday, it is time to know ...

The government presents two key fiscal policy statements to Parliament, as mandated by the Fiscal Responsibility and Budget Management (FRBM) Act, 2003.

Threshold Limits on Income Tax Exemptions then were on 250000, 500000, 750000, 1275000 INR respectively in consequent budgets in which the 1275000 INR is the latest one for 2025-2026 Fiscal Year.

The Union Budget for FY2026 attempts to strike a balance between supporting economic activity and fiscal consolidation, which ...

Get ready for Budget 2025 with a quick guide to key terms you need to know before FM Nirmala Sitharaman's presentation.

There are three primary types of deficits: revenue deficit, fiscal deficit, and primary deficit. Here's a closer look at each ...

the personal income tax receipts of the government are estimated to go up by 13.4 per cent. Both personal income tax and direct taxes will see their share in revenue receipts going up in FY26.