The finance minister may be tempted to introduce a coronavirus cess in Budget 2021, but it will do more harm than good at present. Read more »
The proposed borrowing will not reflect on the Union Budget, but will appear as capital receipts in state budgets. Read more »
In case of a dispute between Centre and the states on the recommendations of the GST Council, a dispute resolution mechanism can be established. Read more »
Net fiscal impact of the Rs 21 lakh crore economic package is likely to be between 0.75% and 1% of the GDP. Read more »
The finance minister is left with few fiscal options to address the economic slowdown. Read more »
State governments led by Kerala, Bihar push for 4% deficit target, more funds to infrastructure. Read more »
The fiscal deficit overshot the annual target set by Nirmala Sitharaman in her maiden Union Budget in just seven months. Read more »
If the GDP growth fails to pick up, the Modi government will find it difficult to narrow its budget deficit. Read more »