Interim Budget 2024: FinMin to prioritise expenditure rationalisation
Government remains confident about reaching its budgetary targets for the fiscal year 2023-24 and achieving the 5.9% fiscal deficit goal
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Government remains confident about reaching its budgetary targets for the fiscal year 2023-24 and achieving the 5.9% fiscal deficit goal
The cap on the ad-hoc bonus for 2021-22, announced on October 6, 2022, was also Rs 7,000
There has been little interest from potential investors for its OFS, and the alternative mechanism may be asked to approve its closure instead.
Sitharaman's comments come at a time when the financing of key global issues such as the Sustainable Development Goals are under the scanner, with rising pressure on Multilateral Development Banks such as the World Bank and IMF to change to help meet these objectives
The huge turnaround in collections of corporate tax and personal income tax during the month of August has made the government's fiscal deficit target of 5.9 percent of GDP significantly more feasible