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Experts Stress Need for Documentation of Economy to Enhance Tax Net

Experts Stress Need for Documentation of Economy to Enhance Tax Net
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Pakistan , China , United-kingdom , Lahore , Punjab , Gaza , Israel-general- , Israel , Sohaib-ahmed-malik , Sumaira-samad , Naeem-akhtar-sheikh , Syed-mehmood-hussain-jafari

Greek History & Culture Seminars: Prof David M. Pritchard to deliver online lecture on Athenian Funeral Oration

Greek History & Culture Seminars: Prof David M. Pritchard to deliver online lecture on Athenian Funeral Oration
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Primer | What's driving Indian GDP surge: Public spending or private consumption

Massive capex spending, experts say, has caused GDP growth to accelerate. Private investment, they say, is also showing signs of revival.

China , United-kingdom , India , France , Japan , While-the-centre , International-monetary-fund , Indian-gdp , Indian-economy , Mint-primer , Primer

tv somanathan: Divestment not a tool for fiscal consolidation, says Finance Secretary TV Somanathan

The government is confident of meeting the targets in the interim budget presented on Thursday. Finance Secretary TV Somanathan stated that the government capital expenditure continues to be high and expressed confidence in achieving the 5.1% fiscal deficit target in 2024-2025, with estimated revenue growth of 11.5% against GDP growth of 10.5%. The nature of public expenditure is unpredictable, but barring unforeseen events, the aggregate public expenditure is projected to remain unchanged, he added.

India , Anuradha-shukla , Tuhin-kanta-pandey , Viksit-bharat , Deepshikha-sikarawar , Department-of-investment , Public-asset-management , Tv-somanathan , Fiscal-consolidation , Divestment , Public-spending , Government

Government to consider business case for €9.5million Bray Harbour Improvement Scheme

The Department of Housing, Local Government and Heritage has confirmed that it has received a Preliminary Business Case for the Bray Harbour Improvement Scheme from Wicklow County Council. The project is set to cost an estimated €9.5m to deliver and the Department has preliminary allocated over €7m to assist in the delivery of the project with the balance to be bridged by Wicklow County Council.

Ireland , Wicklow , Darragh-obrien , Aaron-mcallorum , National-planning-framework , Development-fund , My-department , Wicklow-county-council , Housing-minister-darragho-brien , Bray-harbour , Social-democrats-local-election , Project-ireland

Venezuela 2024: Elections and Criminal Consolidation

Venezuela 2024: Elections and Criminal Consolidation
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taxation reforms: Expand tax base to boost finances of Centre, States: FinMin Review

India needs to expand its tax base to strengthen the finances of the union and state governments, according to a review of the economy by the finance ministry's economic division. The review cited taxation reforms in the last decade, which have reduced the tax burden on corporations and individuals and removed distortionary incentives.

India , Dividend-distribution , Taxation-reforms , Tax-base , Finmin-review , Direct-tax , Gst , Finance-ministry , Public-spending ,

interim budget: View: This Budget, keep India fiscally fit

The forthcoming interim budget is expected to meet the FY24 fiscal deficit target of 5.9%. Enhancements to India's fiscal capacity are needed instead of large spending cuts. Infrastructure capex push is bridging the infrastructure gap and creating construction jobs. Steep public spending cuts should be avoided as it could drag down growth. India's fiscal problem lies in raising enough revenue. Better revenue mobilisation will reduce the share of revenue deficit in the overall fiscal deficit. Efforts to enhance revenue should be prioritised alongside maintaining quality public spending and lowering the fiscal deficit ratio.

India , El-nino , Interim-budget , Fiscal-deficit , Public-spending , Budget , Budget-2024 , Union-budget , Union-budget-2024 , Interim-budget-2024 ,