'The robust tax collections give the finance minister a fair amount of headroom for an expansionary fiscal policy', he said
Budget could also announce favourable terms for companies accessing bond markets
Govt must make the right interventions in the Budget
The amount overdue from discoms to RE generators has increased from Rs 13,761 crore in March 2021 to Rs 19,341 crore in December 2021
A faster growth projection may cause inflation concerns, say officials
Kishida, long known as a fiscal hawk, has been prioritising economic recovery from the Covid-19 crisis over long-term fiscal reforms since he took office in October
During pre-Budget consultations, industry bodies and economists have advised the finance minister to keep the spending tap open
Successive govts have appointed excellent economists, not because they wanted their advice, but because someone has to prepare the Survey and maybe speak on behalf of the government as a spokesperson.
Finance Minister Nirmala Sitharaman will hold a meeting with finance ministers of states on Thursday as part of customary pre-Budget consultations with various stakeholders.
The Budget must focus on the income effect by taking steps to put more money in the pockets of those who are still earning.
Government managers are not sure if subsidies can be kept in check in FY23 either
This is a move that has been hailed by economists and policy-watchers as it makes budgeting a more transparent process
The time has come to start questioning this target setting business. Since 2009 these targets for financial stability have become a joke everywhere.
Budget-makers are confident that the net tax collection's Budget target (direct plus indirect) of Rs 15.45 trillion will be exceeded
Sitharaman will chair pre-budget consultations with stakeholders from various sectors in two sessions in the national capital on Friday.
FM to meet economists on December 22 for pre-Budget consultations
Ministers of State for Finance Pankaj Chaudhary and Bhagwat Karad held the first pre-Budget consultations with representatives of agriculture and agro processing industry through virtual mode
He said India was also going to relaunch the FTA with Israel by March-April next year.
She will be seeking inputs from various stakeholders, including industry bodies, farmer organisations and economists for reviving consumption and boosting growth hit by the COVID-19 pandemic
To augment their resources, banks would be encouraged to raise funds from the market and also by selling their non-core assets, they added.