Tag: fiscal consolidation
States’ fiscal deficit likely to moderate to 3.4% of GSDP in FY27 as tax collections improve: ICICI Bank
New Delhi: States’ fiscal deficit is expected to moderate to 3.4 per cent of Gross State Domestic Product (GSDP) in FY27, supported by stronger tax…
India considers spending curbs to protect fiscal deficit target
India’s government is weighing spending cuts across parts of the budget as higher oil prices inflate subsidy bills and threaten to derail its fiscal consolidation…
Why Budget 2026 stayed away from ‘big-bang’ reforms? CEA answers
Union Budget 2026 steered clear of headline-grabbing announcements because major reforms are already underway and will continue outside the annual Budget framework, the government’s top…
Union Budget 2026: Fitch flags slower deficit consolidation, sees growth-neutral stance
Fitch Ratings said on Monday the Union Budget 2026-27 signals a deliberate slowdown in fiscal consolidation, with the government opting to preserve capital spending to…
Budget 2026: Buoyant revenues offer room to sustain govt capex, push fiscal consolidation, says ICICI Bank report
New Delhi: Buoyant revenue streams give the government room to keep capital expenditure spending steady, at about 3.1 per cent of GDP, while continuing on…
Budget 2026: Government should consider simplifying, rationalising tax laws in Budget to boost FDI: Experts
New Delhi: The government should consider simplifying and rationalising tax laws and ensuring tax neutrality in cross-border reorganisations in the forthcoming Budget to boost foreign…
Budget 2026: Fiscal consolidation in focus as India targets leaner deficit
The next budget, like earlier budgets, will be a continuation of achieving Viksit Bharat goals of growth, inclusion and sustainability, EAC-PM chairman S Mahendra Dev…
‘India Inc needs to push up capex instead of keeping cash on books’: EAC-PM chairman S Mahendra Dev
India’s Goldilocks period of high growth and low inflation may sustain for some more time despite global uncertainties, EAC-PM chairman S Mahendra Dev told Yogima…
Focus will be on managing debt levels & fiscal consolidation: FM Nirmala Sitharaman
New Delhi: Finance minister Nirmala Sitharaman on Wednesday said managing debt levels alongside fiscal consolidation will be the government’s core focus from the next financial…
India’s April-October fiscal deficit at Rs 8.25 lakh crore, widens on-year to 52.6% of FY26 aim
India’s fiscal deficit for April to October, or the first seven months of this fiscal year, was at Rs 8.25 lakh crore, equivalent to 52.6%…