https://www.taxtmi.com/acts?id=31976 The amendment requires the Central Government to limit the fiscal deficit to a statutory ceiling by a target date, pursue specified debt ceilings, cap additional guarantees on Consolidated Fund security, prescribe annual fiscal deficit reduction targets for the transitional period, allow limited deviations for enumerated extraordinary reasons, mandate fiscal consolidation when output growth materially exceeds trend, and lay a Parliamentary statement explaining any permitted deviation and the path back to prescribed targets. en-us Thu, 01 Feb 2018 18:32:49 +0530 Fri, 02 Feb 2018 18:33:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=31976 The amendment requires the Central Government to limit the fiscal deficit to a statutory ceiling by a target date, pursue specified debt ceilings, cap additional guarantees on Consolidated Fund security, prescribe annual fiscal deficit reduction targets for the transitional period, allow limited deviations for enumerated extraordinary reasons, mandate fiscal consolidation when output growth materially exceeds trend, and lay a Parliamentary statement explaining any permitted deviation and the path back to prescribed targets. Act-Rules Bills Thu, 01 Feb 2018 18:32:49 +0530 https://www.taxtmi.com/acts?id=31976