Tax revenue

Centre releases ₹1.39 lakh crore to States

by

The Authorities on Monday launched over ₹1.39 lakh crore to the States beneath the devolution mechanism. Based mostly on the Finance Fee’s formulation, 41 per cent of the Centre’s tax income is given to the States via the devolution mechanism. Uttar Pradesh bought the best share with greater than ₹25,000 crore, adopted by Bihar (₹14,000 … Read more

Is the fiscal deficit goal set within the Interim Finances life like? ICRA’s Aditi Nayar explains

by

On this podcast, businessline’s Shishir Sinha is joined by Aditi Nayar, Chief Economist, Funding Info and Credit score Ranking Company (ICRA), who gives a fast tackle the interim Finances. The dialogue revolves round essential facets such because the fiscal deficit, capital expenditure (capex), non-public sector funding, state capex, and high-frequency financial indicators. Nayar commends the … Read more