receipts

  1. Possibility of reduction in fiscal deficit target by 4.9-5 percent due to higher revenue receipts in the budget: ICRA

    Possibility of reduction in fiscal deficit target by 4.9-5 percent due to higher revenue receipts in the budget: ICRA

    The rating agency expects the government's revenue receipts to increase due to higher RBI dividends and increase in tax collections.As a result, the government may set the fiscal deficit target for FY2025 at 4.9-5.0 per cent, compared to the interim budget target of 5.1 per cent of GDP...
  2. The government received 18.6 percent of its budget estimate in revenue in the first two months of FY 2025.

    The government received 18.6 percent of its budget estimate in revenue in the first two months of FY 2025.

    New Delhi [India], The Government of India reported that its total receipts from tax and non-tax revenues are Rs 5,72,845 crore, which is 18.6 per cent of the Budget Estimate (BE) for the financial year 2024-25. End of May 2024.This information was shared by the Finance Ministry on Friday as...
  3. Maha Economic Survey estimates public debt at Rs 7,11,278 crore

    Maha Economic Survey estimates public debt at Rs 7,11,278 crore

    According to the Economic Survey 2023-24 presented in the Maharashtra Assembly on Thursday by Deputy Chief Minister Ajit Pawar, although public debt has increased to 17.6 per cent of gross state domestic product (GSDP) against 16.5 per cent, it is well within the range of Rs. The prescribed...
  4. MP CM Mohan Yadav asked officials to make efforts to increase revenue receipts

    MP CM Mohan Yadav asked officials to make efforts to increase revenue receipts

    The Chief Minister, while reviewing the status of revenue receipts for the year 2024-25 on Thursday, asked officials to adopt the best practices used by other states to collect revenue receipts.Chief Minister Yadav emphasized that subject experts should be consulted and effective action plans...
  5. Indian shares surge on US exchanges as exit polls indicate big victory for BJP

    Indian shares surge on US exchanges as exit polls indicate big victory for BJP

    Eight of the 11 Indian company stocks traded in the form of American Depository Receipts (ADRs) on US exchanges rose on Monday.Azure Power Global, a solar power company, was the big winner in over the counter (OTC) trading, rising 8 percent.This was followed by two banks listed on the New...
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