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The government has proposed a penal tax rate of 50 per cent to incentivise black money hoarders to switch to formal economy.

Govt lowers additional borrowings to Rs 20,000 crore in FY18

Government has reassessed additional borrowing requirements taking note of revenue receipts and expenditure pattern.

17 Jan 2018 11:18 AM IST

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

States' share of market borrowing up at 91 pc in FY19: Report

In FY19, states' budgeted borrowing from the market stood at Rs 4,40,700 crore.

25 May 2019 1:28 PM IST