1985 Flashback: AGP's Rise, Tax Policy, Indo-Pak Pact
On December 20, 1985, Asom Gana Parishad swept Assam polls, VP Singh proposed major tax reforms, and Rajiv Gandhi & Zia-ul-Haq agreed to a peace treaty. Explore this pivotal day in history.
Category : Search result: fiscal burden
MP Govt's Rs 125 Cr Daily Loan, Debt Crosses Rs 4.65 Lakh Cr
Madhya Pradesh's debt surpasses its annual budget, averaging over Rs 125 crore in daily loans. Govt defends borrowing for infrastructure and Ladli Behna scheme. Read the full analysis.
Telangana's ₹1,500 Cr Burden in Viksit Bharat Scheme Shift
Proposed 60:40 funding split for Viksit Bharat Rozgar Ajeevika Mission could cost Telangana ₹1,000-1,500 crore yearly. State studies implications as central aid drops. Read more.
Net Direct Tax Collection Grows 8% to Rs 17.04 Lakh Crore
India's net direct tax collection for FY25 grows 8% to Rs 17.04 lakh crore. Gross collections surge 24% to Rs 19.45 lakh crore, while refunds slow. Read the full analysis.
Direct Tax Collections Up 8%, Refunds Down 13.5%
India's net direct tax collections grew 8% to Rs 17.05 lakh crore till Dec 17, boosted by a sharp 13.5% fall in refunds. Advance tax up 4.27%. Read the full analysis.
India's Cancer Cases May Reach 2 Million by 2040
India faces a sharp rise in cancer cases, projected to hit 2 million by 2040. Minister Jitendra Singh cites ageing, lifestyle, and pollution as key drivers. Learn about regional trends and government action.
Bearish Bond Cycle to Extend Through FY26: Report
India's bond market faces a prolonged bearish phase with 10-year yields projected at 6.55-6.70% through FY26. Key drivers include fiscal consolidation and global factors. Read the full analysis.
Bears WRs Odunze, Burden Ruled Out vs Packers
Chicago Bears face Green Bay Packers without key WRs Rome Odunze & Luther Burden III due to injuries. Can their offense adapt in crucial NFC North clash? Read analysis.
Bollywood Stars Debate Rising Entourage Costs Burden Producers
Dhruv Vikram, Kriti Sanon, Vicky Kaushal & Ishaan Khatter discuss excessive actor demands like 6 vanity vans. Kriti calls for cutting luxury costs, Ishaan contrasts with Hollywood's DIY culture. Read more.
Kerala's Rs 2,000 Cr Burden from MGNREGS Changes
Kerala Finance Minister warns new central MGNREGS rules will cost state Rs 1,600-2,000 crore extra. Experts call for equitable financial federalism. Read more.
FM Sitharaman: Debt Reduction Key Focus for 2026-27
Finance Minister Nirmala Sitharaman states reducing debt will be a primary goal in 2026-27. Data reveals 11 states have debt-to-GSDP ratios at 35% or more this fiscal year. Get the full analysis.
Kerala's Rs 2,000 Cr MGNREGS Burden After Centre's Funding Cut
Kerala Finance Minister K N Balagopal warns that new central MGNREGS changes will cost the state Rs 1,600-2,000 crore extra. Experts call for equitable financial transfers. Read more.
Sitharaman: States Must Adopt Centre's Fiscal Transparency
Finance Minister Nirmala Sitharaman highlights the Centre's success in reducing debt-to-GDP ratio post-Covid and calls for states to emulate its fiscal management and transparency goals. Read more.
Chhattisgarh Passes Rs 35,000 Crore Supplementary Budget
Chhattisgarh Vidhan Sabha approves a Rs 35,000 crore supplementary budget for the current fiscal. Finance Minister says it will boost development, but Congress attacks the state's fiscal management. Read the full story.
Budget 2026: Focus on TDS Reform, Manufacturing & Growth
As India prepares for the Union Budget 2026, experts see a historic chance to simplify TDS, boost consumption, and support manufacturing for sustainable 7%+ GDP growth in FY27. Read the analysis.
New Rural Job Scheme Shifts Fiscal Burden to States
The new Viksit Bharat-G RAM G Bill increases guaranteed work days to 125 but imposes a 60:40 fund-sharing model. Experts warn this could strain state finances, mirroring issues in the PMFBY. Read the analysis.
Telangana leads India with highest govt guarantees vs GSDP
Telangana's govt guarantees hit 15.1% of GSDP, far above national average. Experts warn of fiscal risks. Read about state-wise breakdown and sector exposure.
CAG Flags ₹1.77 Lakh Crore UC Scandal in Maharashtra
CAG report reveals Maharashtra govt departments failed to submit UCs for ₹1.77 lakh crore, with year-end spending sprees violating financial rules. Read the shocking details.
Mahavitaran Repays Rs 12,800 Crore Loan, Eyes Cheaper Power
Maharashtra's power utility Mahavitaran repays a massive Rs 12,800 crore loan ahead of schedule. This financial move aims to strengthen its balance sheet and support CM Fadnavis's promise of annual electricity tariff reductions. Read more.
Sitharaman: India's economy now resilient, fastest-growing
Finance Minister Nirmala Sitharaman highlights India's economic turnaround in Parliament, citing strong forex reserves, low CAD, and broad-based growth. Read the full analysis.
Tax Revenues Jump 30%, But Spending Still Outruns Income
India's tax revenues soared 30% in the first half of FY25, yet government expenditure grew faster, widening the fiscal deficit. Explore the details and implications for the economy.
India's Malaria Burden High, But Elimination Progress Steady
India accounts for 73.3% of SE Asia's malaria cases & 89% of deaths in 2024, per WHO. Despite this, the country is on track for a 75% reduction target. Read the full report on challenges and progress.
Canada's Big Banks Raise Bonus Pools 15% for FY25
Canada's top lenders increased bonus reserves by 15% for fiscal 2025, driven by active capital markets and volatile trading. Discover which banks led the hikes and why.
BJP Calls Telangana Summit a PR Stunt, Demands White Paper
Telangana BJP chief spokesperson NV Subhash criticises the Rising Telangana Global Summit as a costly smokescreen for Congress's financial mismanagement. He demands a White Paper on state finances. Read the full story.
Middle-Class Debt Trap: RBI Data Shows Rising EMI Burden
India's middle class faces a growing debt crisis, with 5-10% of households in a trap. Driven by easy credit and social comparisons, the dream of upward mobility is turning risky. Read more.
1925: The Day India Abolished Cotton Excise Duty
On March 1, 1925, the Indian government abolished the excise duty on cotton, a landmark move that revitalized the domestic textile industry and boosted economic self-reliance. Discover the full story behind this pivotal fiscal decision.
Telangana, Andhra Pradesh overshoot RBI borrowing limits
Telangana and Andhra Pradesh have become India's most aggressive borrowers in 2025, overshooting RBI limits by 190% and 122% respectively. Economists warn of severe long-term fiscal stress. Read the full analysis.
UPSC Key Dec 2: Sanchar Saathi, GPS Spoofing, Obesity
Essential UPSC updates: Govt's Sanchar Saathi app directive, GPS spoofing threats, WHO's obesity guidelines, fiscal federalism debate, and India's rare-earth push. Key insights for Prelims & Mains.
GST Mop-Up Moderates in Nov After Rate Rationalisation
GST collections grew marginally by 0.7% in November, reflecting the impact of recent rate cuts. Officials remain optimistic, citing a boost in consumption and taxable turnover.
Kerala Govt OKs Rs 1.1 Cr for New CM Cars Amid Fiscal Strain
Kerala government approves Rs 1.10 crore for two new vehicles for the Chief Minister, using budget manual relaxation. Opposition questions timing as fiscal controls tighten. Read the full story.
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