https://www.taxtmi.com/news?id=1105 The Budget for 2010-11 establishes a medium term programme of fiscal consolidation with targets for reducing fiscal and revenue deficits while increasing transfers to States under the 13th Finance Commission. It prioritises capital expenditure for infrastructure, agriculture and social sectors, brings subsidy liabilities into fiscal accounting, and pursues resource mobilisation through tax changes, preparatory steps for the Goods and Services Tax and the Direct Tax Code, disinvestment and spectrum auction receipts. en-us Wed, 10 Mar 2010 18:58:30 +0530 Wed, 10 Mar 2010 18:58:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=1105 The Budget for 2010-11 establishes a medium term programme of fiscal consolidation with targets for reducing fiscal and revenue deficits while increasing transfers to States under the 13th Finance Commission. It prioritises capital expenditure for infrastructure, agriculture and social sectors, brings subsidy liabilities into fiscal accounting, and pursues resource mobilisation through tax changes, preparatory steps for the Goods and Services Tax and the Direct Tax Code, disinvestment and spectrum auction receipts. News - Wed, 10 Mar 2010 18:58:30 +0530 https://www.taxtmi.com/news?id=1105