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15th Finance Commission chairman N.K. Singh. (Photo: PTI)

Finance Commission invites suggestions from stakeholders by June 30

New panel will also look into impact of GST, including payment of compensation for possible loss of revenues for 5...

22 Feb 2018 6:08 PM IST

Finance Minister Arun Jaitley said the new process would be finalised in the next meeting of the GST Council after a written formulation is circulated to the states. (Photo: Twitter | ANI)

Fiscal situation should be comfortable next financial year: Jaitley

Finance minister in Budget 2018-19 projected a higher fiscal deficit of 3.5 per cent of GDP for current fiscal.

12 Feb 2018 11:02 AM IST

Finance Minister Arun Jaitley said that the government gave opportunity to people to come clean about their accounts held abroad. (Photo: Twitter/ANI)

Fiscal situation should be comfortable next financial year: Jaitley

Fiscal deficit or gap between total expenditure and revenues has been pegged at 3.3 per cent for the next fiscal.

10 Feb 2018 3:59 PM IST

After a short-lived breakout last week, the rupee once again turned shaky and ended lower by 11 paise at 65.04 on fresh bouts of dollar demand. Photo: AP

Rupee crumbles to fresh 2-week low on fiscal deficit woes

Rupee suffered an intense plunge and closed at a near two-week low of 64.06 against the US dollar.

3 Feb 2018 5:12 PM IST

Revenue deficit target of 2 per cent of GDP will be met in current fiscal, the deficit would be 1.9 per cent in the next.

Rs 80,000 crore divestment, 3.3 per cent deficit target achievable:...

Imposition of a 25 per cent corporate tax on MSMEs with turnover of less than Rs 250 crore is yet another step in the...

2 Feb 2018 5:38 PM IST

Fiscal deficit for the financial year 2016-17 is budgeted at 3.5 per cent.

Fiscal deficit will overshoot to 3.5 per cent, says Arun Jaitley

The difference between total revenue and total expenditure of the government is termed fiscal deficit.

2 Feb 2018 2:15 AM IST

Rupee is currently trading at 63.63 against 66.93 to a dollar in August, 2016.

Rupee crumbles 44 paise on LTCG tax, fiscal deficit woes

Rupee is trading at 64.02 against US dollar after govt announced long-term capital gains tax on equities.

1 Feb 2018 7:37 PM IST

Finance Minister Arun Jaitley said that the government gave opportunity to people to come clean about their accounts held abroad. (Photo: Twitter/ANI)

Budget 2018: Govt misses fiscal deficit target; higher at 3.5 pc in...

Fiscal deficit has a bearing on sovereign rating of the country as well as the debt market.

1 Feb 2018 1:21 PM IST

Economic Affairs Secretary Subhash Chandra Garg. (Photo: PTI)

Fiscal deficit to be lower than revised estimates for 2017-18: Garg

India revised its fiscal deficit target to 3.5 per cent of GDP from an earlier 3.2 per cent of GDP for 2017-18 fiscal...

3 April 2018 8:43 AM IST

Fiscal deficit for the financial year 2016-17 is budgeted at 3.5 per cent.

Fiscal deficit shows improvement in Q1 on higher revenue

The fiscal deficit target for the current financial year is Rs 6.24 lakh crore.

31 July 2018 5:18 PM IST

Domestic investors were reluctant to expand their portfolios ahead of the RBIs monetary policy review, brokers said.

States fail to meet fiscal targets for third year: RBI

Decline in states' tax revenues is essentially associated with pending accounting issues related to GST implementation.

13 July 2018 9:06 AM IST

Fiscal deficit for the financial year 2016-17 is budgeted at 3.5 per cent.

Fiscal deficit hits 102 per cent of Budget estimate till Oct

The government has pegged its total expenditure for 2019-20 at Rs 27.86 lakh crore.

29 Nov 2019 7:41 PM IST