Centre's fiscal deficit hits 17.9% of full-year target in Q1;...

Dununu.com Dununu

Sponsored

Centre's fiscal deficit hits 17.9% of full-year target in Q1; higher spending lifts gap to Rs 2.8 lakh crore: CGA data

RSS Feed Business

Posted

71

India's fiscal deficit surged to 17.9% of the annual target by June 2025, significantly higher than the previous year, according to the Controller General of Accounts. The revenue-expenditure gap reached Rs 2.8 lakh crore. While tax devolution to states increased, ICRA's Aditi Nayar pointed out that tepid direct tax collections impacted revenue.

Read Full Article

Please log in to like, share and comment!

Shubman Gill, KL Rahul, Ravindra Jadeja create historic feat in England

In a historic moment for Indian Test cricket, Shubman Gill, KL Rahul, and Ravindra Jadeja have...

By 0 7

Trump’s tariff reset: From Canada to Laos, even dealmakers face higher costs as legal fight brews; US allies & rivals hit with steep import taxes under new trade rules

Donald Trump's new tariff policy is creating economic problems worldwide. Countries face high...

By 0 8

'Pathetic and vile': Kishan Reddy slams Rahul Gandhi over remarks on Arun Jaitley, says late FM died before farm laws; demands apology

By 0 8

Myanmar junta air strike on ruby mine hub kills 13

A Myanmar junta air strike on the rebel-held ruby mining center of Mogok resulted in 13...

By 0 18

Palestine statehood: More countries back two-state solution - what's keeping the dream a dream?

France, the UK, and Canada's support for a Palestinian state highlights growing international...

By 0 18