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 ...

This thorough glossary of key ... Fiscal Responsibility and Budget Management (FRBM) Act: A law designed to ensure fiscal discipline by setting limits on the government’s borrowing and fiscal ...

As per the FRBM Act 2018 ... budgeted a combined deficit of 3.2% of GDP. The new Fiscal Health Index Ranking by the Niti Aayog assesses a state’s health on five key parameters: quality of ...

The FHI report, which evaluates the fiscal health of Indian states based on key ... (FRBM) Act's parameters since 2005. The state has taken numerous measures to ensure its fiscal indicators ...

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

While focusing on all economic parameters made sense, bringing the fiscal deficit down was key since ... in the new FRBM regime, where revised targets were set for various fiscal indicators.

For 2025-2026, she had stated that the Union government would like to bring the fiscal deficit below ... under the Fiscal Responsibility and Budget Management (FRBM) Act of 2003.