Direct Tax Collection Up 7%, Refunds Down 17.7%
India's net direct tax collection surges 7% to over ₹12.9 trillion for the current fiscal year, while refunds see a significant 17.7% decline. Get the full details on this economic boost.
Category : Search result: fiscal austerity
Milei's Reforms Put Argentina on Path to Recovery
Nouriel Roubini analyzes how Javier Milei's economic reforms have set Argentina on recovery path after years of debt trouble and inflation. Read expert insights.
Ultra-Rare Recessions Store Up Future Economic Trouble
The world economy hasn't seen a synchronized recession in 15 years, but this stability creates financial, fiscal and allocative risks. Learn why rare downturns threaten economic health.
GST Revenue Sharing Formula to Change in 2026
A major shift in how GST revenue is distributed among Indian states is on the horizon. Discover which states stand to gain or lose billions and how this could reshape fiscal federalism.
India's Policy Choices to Define Economic Future: DBS
A groundbreaking DBS Bank analysis reveals India stands at a historic economic crossroads where current policy decisions could unlock unprecedented growth or stall progress for decades to come.
GST Reform & RBI Dividend to Offset Revenue Gap
India's fiscal health gets boost as GST reforms and record RBI dividend expected to compensate for potential revenue gaps. Expert analysis reveals tax collection pressures.
RBI Dividend to Offset GST Revenue Loss: Report
New analysis reveals RBI's increased dividend payout could compensate for potential revenue shortfalls from GST rationalization in the upcoming fiscal year, providing fiscal cushion for government.
Tax Cuts Fuel Consumption Boom: India GDP to Hit 8%
India's economy is poised for explosive growth as strategic tax reductions fuel unprecedented consumer spending. Discover how this fiscal stimulus could propel GDP growth to 8% and transform the economic landscape.
UK Economy Faces Tougher Challenges, Says Reeves
British Finance Minister Rachel Reeves reveals the UK economy is in worse condition than anticipated during last year's budget, citing depleted finances and urgent need for growth measures.
Pakistan Economy Shows Recovery After Reforms
Pakistan's Finance Minister Muhammad Aurangzeb announces significant economic improvements following comprehensive structural reforms, with inflation dropping and economic stability on the horizon.
India's Fiscal Deficit Narrows to 3.8% in H1 FY26
India's fiscal health strengthens as April-September 2024 deficit narrows to 3.8% of GDP, supported by 19% tax revenue growth and massive ₹2.1 lakh crore RBI dividend injection.
Union Bank: FY26 Fiscal Targets Challenging Amid Weak Tax Growth
Union Bank of India's latest report highlights significant challenges in meeting FY26 fiscal targets due to weakening tax collections, raising concerns about India's economic trajectory and government spending capacity.
India's Fiscal Deficit at 36.5% of FY26 Target
Latest government data reveals India's fiscal deficit reached ₹5.41 lakh crore by August 2024, while tax collections show robust performance at nearly half of budget estimates.
India's FY26 fiscal deficit hits ₹5.73 trillion in H1
India's fiscal deficit for April-September FY26 reaches ₹5.73 trillion, accounting for 36.5% of annual budget estimate. Get detailed analysis of revenue and expenditure trends shaping the economy.
Parliament OKs ₹1.48L Cr Additional Spending
Finance Minister Nirmala Sitharaman secures Parliament approval for massive supplementary spending, with focus on rural employment and defense. Discover how this impacts fiscal deficit and economic growth.
India's State Finance Divide: Development Gap Widens
New analysis reveals shocking disparities in state finances and development spending across India. Discover which states are leading and which are falling behind in the race for economic growth.
8th Pay Commission: Economic Impact & Job Creation
India's upcoming 8th Pay Commission could trigger massive economic growth, create millions of jobs, and reshape fiscal policy. Expert analysis reveals the potential impact on government employees and the broader economy.
Bihar's Freebie Politics: Threat to Democracy
As Bihar's election campaign intensifies, political parties are engaging in a reckless race of freebie promises, raising serious questions about fiscal responsibility and voter manipulation in Indian democracy.
Why Walking Away From Incentive Wars Is Wiser
Discover why India's competitive federalism in industrial incentives is creating unsustainable economic burdens and learn the smarter approach to sustainable development.
Argentina Midterm Boost for Milei's Libertarian Agenda
In a dramatic political turnaround, Argentina's libertarian President Javier Milei sees his austerity agenda validated as his party makes surprising gains in crucial midterm elections, defying early predictions.
Argentina Votes: Milei's Libertarian Agenda at Stake
Argentina votes in crucial midterm elections that could make or break President Javier Milei's radical economic reforms. Will voters endorse his shock therapy or show him the red card?
India's Domestic Consumption to Drive H2 2024 Growth
SBI Capital Markets forecasts India's economy will maintain robust growth in second half of 2024, with domestic consumption offsetting global slowdown pressures. Key sectors driving expansion revealed.
India's Rising Public Debt: Economic Impact Explained
India's public debt is climbing towards 85% of GDP. Discover what this means for your finances, economic growth, and why fiscal deficit matters more than you think.
RBI Flags State Fiscal Risks Amid Election Spending Spree
The Reserve Bank of India warns of rising fiscal risks in state governments as pre-election spending pushes up bond yields. Learn how this impacts India's economy.
Japan's 30-Year Yield May Hit Record High: Amundi
Europe's largest asset manager Amundi predicts Japan's 30-year government bond yield could hit fresh highs as fiscal concerns mount. Get expert insights on BOJ policy shifts and market implications.
Ex-Finance Sec Garg: Parties Fooling Voters
Exclusive: Former Finance Secretary Subhash Garg delivers scathing critique of both NDA and India bloc's election manifestos, calling them financially irresponsible and misleading for voters.
IMF's Blueprint for India's Economic Resilience
The IMF's latest report offers crucial insights for India's economic strategy, highlighting resilience as the key to navigating global volatility and maintaining growth momentum.
India's GDP Growth Could Reach 8% by 2025-26
Exclusive insights into India's economic trajectory: Discover how strategic GST reforms, RBI policies, and fiscal management could propel the nation to 8% real GDP growth by 2025-26. Learn what this means for investors and taxpayers.
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