https://www.taxtmi.com/news?id=4896 The budget establishes a multi year fiscal consolidation path: the fiscal deficit for 2013-14 is estimated at 4.8 per cent with a commitment to reduce the fiscal deficit to 3 per cent by 2016-17; the current year's fiscal and revenue deficits are reported at 5.2 per cent and 3.9 per cent respectively, with the 2013-14 revenue deficit estimated at 3.3 per cent and an aim to eliminate the effective revenue deficit by 2016-17. Plan and non Plan expenditure aggregates are set out, with Plan Expenditure comprising roughly one third of total expenditure. en-us Thu, 28 Feb 2013 15:51:12 +0530 Thu, 28 Feb 2013 15:51:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=4896 The budget establishes a multi year fiscal consolidation path: the fiscal deficit for 2013-14 is estimated at 4.8 per cent with a commitment to reduce the fiscal deficit to 3 per cent by 2016-17; the current year's fiscal and revenue deficits are reported at 5.2 per cent and 3.9 per cent respectively, with the 2013-14 revenue deficit estimated at 3.3 per cent and an aim to eliminate the effective revenue deficit by 2016-17. Plan and non Plan expenditure aggregates are set out, with Plan Expenditure comprising roughly one third of total expenditure. News - Thu, 28 Feb 2013 15:51:12 +0530 https://www.taxtmi.com/news?id=4896