Stay updated with breaking news from Revised Estimates. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
India Business News: The government is likely to stick to the budgeted estimate of total tax collection target of Rs 33.61 lakh crore for current fiscal in the revised est
"So far, direct tax collection is up by about 20 per cent and indirect tax is higher by 5 per cent. We have data till the eight months of the fiscal and usually the collections are better in the first half. So, at the moment, we will stick to the Budget numbers in our Revised Estimates (RE)," an official said.
The government has exhausted only 39 per cent of its fiscal deficit target in the first half of FY24.
NL Corresspondent The first supplementary demands for grants for 2023-2024 (FY24), to be presented in the upcoming winter session of Parliament, is
The situation raises concerns about whether the promised freebies will once again push the state into a revenue deficit.