Union Budget must stop relying on disinvestment proceeds
The dept has also been asked to carry out a comprehensive infrastructure gap analysis
With a view to give a boost to the agriculture sector, the government is likely to raise farm credit target to about Rs 18 trn in the Budget 2022-23 to be presented on February 1, according to sources
States also want GST compensation extended till 2027
Finance Minister Nirmala Sitharaman will hold a meeting with finance ministers of states on Thursday as part of customary pre-Budget consultations with various stakeholders.
Government managers are not sure if subsidies can be kept in check in FY23 either
This is a move that has been hailed by economists and policy-watchers as it makes budgeting a more transparent process
According to the source, almost all economists recommended the government not to be too aggressive with their fiscal stance
The customary pre-budget consultation meetings were held with the finance minister virtually between December 15 and December 22
Union Finance Minister Nirmala Sitharaman will hold pre-budget consultations with prominent economists on Wednesday in connection with the forthcoming general budget 2022-23.
Lok Sabha gives assent to additional net spending of Rs 2.99 trn
Budget-makers are confident that the net tax collection's Budget target (direct plus indirect) of Rs 15.45 trillion will be exceeded
Prime Minister Narendra Modi on Friday hosted a roundtable interaction with representatives of venture capital and private equity funds.
Prime Minister Narendra Modi on Friday met with leading private equity/venture capital players to seek suggestions on making India a more attractive investment destination
Discussion on tax announcements is ongoing in the finance ministry
He said India was also going to relaunch the FTA with Israel by March-April next year.
Jammu and Kashmir Lieutenant Governor Manoj Sinha termed Rs 1,08,621 crore budget for the Union Territory as "historic", stating that it aims to rebuilding the economy and creating jobs in the region
Bharatiya Janata Party (BJP) MP Mahesh Poddar and Congress MP Deepender Singh Hooda on Monday gave Zero Hour Notice in the Rajya Sabha
To keep their expenditure at the desired levels at a time of significant revenue losses, all states have expanded their fiscal deficits - similar to what the Centre did last month
Chief Minister Manohar Lal Khattar, who also holds the finance department portfolio, presented his second Budget in the State Assembly