The government presents two key fiscal policy statements to Parliament, as mandated by the Fiscal Responsibility and Budget Management (FRBM) Act, 2003.

The FRBM Act ... for key budgetary variables viz., revenue receipts, non-debt capital receipts, revenue expenditure, capital expenditure, total receipts, total expenditure, revenue deficit and ...

Live: FM Nirmala Sitharaman announced to introduce New Income tax bill next week, no income tax till 12L under new tax regime ...

The Tax Cuts and Jobs Act (TCJA)—one of the best-known aspects ... Unemployment and job growth are key indicators for ...

This is an exciting time for people as budgets always create a buzz, particularly around taxation, but there are broader aspects such as fiscal deficit ... Q: The FRBM Act is under review.

Based on past trends, apart from evaluating macroeconomic indicators such as ... the elimination of the revenue deficit—often referred to as the golden rule of the Fiscal Responsibility and Budget ...

Transparency about three key areas are expected in a budget ... Finance Bill, Statement mandated under FRBM Act, Expenditure Budget, Receipt Budget, Statement of Revenue forgone, Expenditure Profile, ...

It quotes the 2023-24 annual Periodic Labour Force Survey (PLFS) report that shows that all key employment related metrics such ... is an important macroeconomic indicator that measures the economic ...

Q1 saw a strong growth of 8.3 per cent, but growth moderated in Q2 due to three key factors. First ... As of November, the deficit indicators of the union were comfortably placed, leaving ample room ...