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Fiscal challenges for the new TN government - The Hindu BusinessLine

Fiscal challenges for the new TN government
The fisc Under pressure - Bloomberg×
The State will need to work towards bringing down its debt level in the coming years
The new Tamil Nadu government that will take charge after the elections will have certain impending challenges with the financial management to deal with.
While the State has adhered to key targets under its Fiscal Responsibility Legislation on fiscal deficit (3 per cent of GSDP) and outstanding liabilities levels (25 per cent of GSDP) in the recent years (between 2011-12 and 2018-19), some of the other indicators show a deterioration. Due to the economic slowdown in 2019-20, the finances of many States saw a deterioration. Tamil Nadu’s fiscal deficit was 3.24 per cent in 2019-20, higher than the 3-per-cent limit. ....

Andhra Pradesh , Tamil Nadu , Atmanirbhar Bharat Abhiyan , Fiscal Responsibility Legislation , State Excise Duty , Finance Commission , Tn Government , Fiscal Deficit , Revenue Deficit , Govt Finances , ஆந்திரா பிரதேஷ் , தமிழ் நாடு , நிதி பொறுப்பு சட்டம் , நிலை கலால் கடமை , நிதி தரகு , ந் அரசு , நிதி பற்றாக்குறை , வருவாய் பற்றாக்குறை , அரசு நிதி ,

Maharashtra budget: Concession in stamp duty for women, increased tax on liquor

The coronavirus pandemic had an unprecedented impact on the state s economy, said Pawar, informing that the tax revenue as per the revised estimates for 2020-21 is expected to be Rs 2,18,263 crore. ....

International Women Day , International Women , Chief Minister , Ajit Pawar , State Excise Duty , Value Added Tax Act , Maharashtra Budget , Womens Day , Stamp Duty , சர்வதேச பெண்கள் நாள் , சர்வதேச பெண்கள் , தலைமை அமைச்சர் , அஜித் பவார் , நிலை கலால் கடமை , மகாராஷ்டிரா பட்ஜெட் , பெண்கள் நாள் , முத்திரை கடமை ,

Maharashtra Budget: Tax on liquor hiked, stamp duty concession for women

Maharashtra Budget: Tax on liquor hiked, stamp duty concession for women
Deputy Chief Minister and finance minister Ajit Pawar on Monday presented a budget with revenue deficit Rs 10,226 crore in the state Legislative Assembly
PTI | March 8, 2021 | Updated 19:31 IST
Deputy Chief Minister and finance minister Ajit Pawar
The Maharashtra government s budget for 2021-22, presented on International Women s Day, offered one per cent concession in stamp duty if property is transferred only in a woman s or women s name.
Deputy Chief Minister and finance minister Ajit Pawar on Monday presented a budget with revenue deficit Rs 10,226 crore in the state Legislative Assembly.
While the revenue collection in the coming fiscal was estimated at Rs 3,68,987 crore, revenue expenditure was estimated at Rs 3,79,213 crore. ....

International Women Day , International Women , Chief Minister , Ajit Pawar , State Excise Duty , Value Added Tax Act , Maharashtra Governments Budget , International Womens Day , சர்வதேச பெண்கள் நாள் , சர்வதேச பெண்கள் , தலைமை அமைச்சர் , அஜித் பவார் , நிலை கலால் கடமை , மகாராஷ்டிரா அரசாங்கங்கள் பட்ஜெட் ,

Hard 'hic' as Maha hikes excise duty, VAT on liquors

Maharashtra Deputy Chief Minister and Finance Minister Ajit Pawar on Monday hiked the State Excise Duty and VAT on most types of liquor to collect an additional revenue of Rs 1,800-crore.Presenting the State Budget 2021-2022, Pawar announced . ....

Maha Vikas Aghadi , Maharashtra Deputy Chief Minister , Finance Minister Ajit Pawar , State Excise Duty , State Budget , Country Liquor , மகாராஷ்டிரா துணை தலைமை அமைச்சர் , நிதி அமைச்சர் அஜித் பவார் , நிலை கலால் கடமை , நிலை பட்ஜெட் , நாடு மதுபானம் ,

Maharashtra budget: Concession in stamp duty for women; tax on liquor hiked

Read more about Maharashtra budget: Concession in stamp duty for women; tax on liquor hiked on Business Standard. Deputy Chief Minister and finance minister Ajit Pawar on Monday presented a budget with revenue deficit Rs 10,226 cr in the state Legislative Assembly ....

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