Government betters its own Financial Targets During 2014-15; Fiscal Deficit for the Financial Year 2014-15 stands at 4.0 % as against the Target of 4.1 % while Revenue Deficit for FY 2014-15 stands at 2.8% as Against Target of 2.9% ;

Government betters its own Financial Targets During 2014-15; Fiscal Deficit for the Financial Year 2014-15 stands at 4.0 % as against the Target of 4.1 % while Revenue Deficit for FY 2014-15 stands at 2.8% as Against Target of 2.9% ; https://www.taxtmi.com/news?id=14505 The Government reports provisional 2014-15 fiscal outcomes showing a fiscal deficit of 4.0% of GDP and a revenue deficit of 2.8% of GDP versus revised estimates, describing these results as evidence of continued fiscal consolidation. Accompanying data indicate growth in gross tax collections, higher tax devolution to States, non-tax and non-debt capital receipts meeting substantial proportions of revised estimates, and Plan and Non-Plan expenditures close to their revised estimates. en-us Mon, 18 May 2015 10:29:27 +0530 Mon, 18 May 2015 10:29:27 +0530 TaxTMI RSS Generator Government betters its own Financial Targets During 2014-15; Fiscal Deficit for the Financial Year 2014-15 stands at 4.0 % as against the Target of 4.1 % while Revenue Deficit for FY 2014-15 stands at 2.8% as Against Target of 2.9% ; https://www.taxtmi.com/news?id=14505 The Government reports provisional 2014-15 fiscal outcomes showing a fiscal deficit of 4.0% of GDP and a revenue deficit of 2.8% of GDP versus revised estimates, describing these results as evidence of continued fiscal consolidation. Accompanying data indicate growth in gross tax collections, higher tax devolution to States, non-tax and non-debt capital receipts meeting substantial proportions of revised estimates, and Plan and Non-Plan expenditures close to their revised estimates. News - Mon, 18 May 2015 10:29:27 +0530 https://www.taxtmi.com/news?id=14505