You Searched For "budget shortfall" and got 20 results
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3 mins read
Out of a job? Buckle up and stretch your money to sail through the tough phase
For those of us who earn a salary, a job loss can come as a big shock. There are expenses to be met…
5 mins read
How the state and local budget crisis got left behind in the stimulus talks, losing out to $600 checks
As Congressional negotiations get down to the wire, state and local governments are facing serious …
Jake Lahut
4 mins read
Capital gains in taxation: What are the major factors driving the long-term and short-term capital gains?
Capital investment plays an important role in facilitating economic growth, creating employment…
2 mins read
US budget deficit blows out 64% as the nation burns cash like a 'drunken sailor'
The US budget deficit jumped to $2.3 trillion in the 12 months through June – that's a 64% increase…
Zahra Tayeb
1 min read
Maha proposes ₹547,450 crore budget with huge fiscal, revenue deficits
Maharashtra's Deputy Chief Minister Devendra Fadnavis, who also holds the finance portfolio, presen…
2 mins read
Government needs to work on re-establishing trust with states, says former finance minister P Chidambaram
"I welcomed the change of heart," he tweeted and asked the Centre to clarify how the debt of states…
PTI
3 mins read
The shortfall in rains is the worst in South India and it will affect rice and oilseeds production as well as tractor sales
India is already suffering from a severe water shortage in many parts of the country and the rain…
3 mins read
India is expected to make big budget allocation for renewable energy but Modi needs states on board to fight climate change
Rossow points out that the states’ reluctance may not even be political. Even states ruled by Bh…
4 mins read
The Indian government has spent less than half the money it had budgeted for capital investments, so far
A big part of the market rally that unfolded post the budget speech last year was the government’s …
1 min read
Russia's oil and gas revenue crashed by nearly 50% at the start of 2023, leading to a wider budget deficit as Moscow's spending soars
Russia's deficit widened to nearly $25 billion as lower energy revenue met with a surge in spending…
Carla Mozée
2 mins read
GST rates may go up for various items to meet revenue shortfall
New Delhi, Dec 11 () With pressure on revenue collection, the goods and services tax (GST) rates an…
PTI
3 mins read
GST Council to meet on Wed amidst talk of rate hike to meet revenue shortfall
New Delhi, Dec 17 () The GST Council will meet on Wednesday to review the taxation structure for sh…
PTI
2 mins read
2016 for Indian Railways: Shortfall of about Rs 14,000 crore in total revenue earnings
The year 2016 will also be remembered for government taking a historic decision of doing away with …
2 mins read
The US deficit soared to a record $1.7 trillion as the government doled out new stimulus
White House and Fed officials have said the US shouldn't worry about the ballooning deficit until a…
Ben Winck
2 mins read
GST Council gives two options to bridge compensation shortfall — states ask for seven working days to make up their mind
The Finance Ministry estimates the shortfall in cess collection this year will be around ₹2,35…
2 mins read
The Bank of England says $1 trillion could have been erased from UK pension funds' investments if it hadn't stepped in following budget turmoil
The BoE's maneuvering after the mini budget was announced may have prevented $1 trillion from being…
Zahra Tayeb
4 mins read
Do not panic when Finance Minister Nirmala Sitharaman reads out the revised estimates
As Aditi Nayar, principal economist at ICRA put it, in a conversation with Business Insider, the…
2 mins read
Govt stares at tax shortfall of Rs 2 lakh cr; room for personal income tax relief limited
New Delhi, Jan 26 () Tax collections in the current fiscal may fall short of targets by as much as …
PTI
2 mins read
The national debt will nearly double by 2051 if taxing and spending stay the same, CBO says
The CBO's report doesn't account for Democrats' $1.9 trillion stimulus, and could give Republicans …
Ben Winck
1 min read
Maha budget: concession in stamp duty for women, increased tax on liquor
He proposed to increase the State Excise Duty on liquor. Country liquor will be classified into two…