https://www.taxtmi.com/news?id=21026 The fiscal programme pegs the 2019-20 fiscal deficit at 3.4% of GDP while maintaining a glide path to the FRBM target and emphasises revenue-side consolidation through higher projected gross tax, direct and indirect tax receipts and non tax revenues. It pairs this with higher total and capital expenditure, increased allocations for key social schemes and SC/ST welfare, and reliance on enhanced disinvestment proceeds and non-debt capital receipts to finance part of the budget, alongside proposed stamp duty reform for securities collection through stock exchanges. en-us Fri, 01 Feb 2019 15:06:38 +0530 Fri, 01 Feb 2019 15:06:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=21026 The fiscal programme pegs the 2019-20 fiscal deficit at 3.4% of GDP while maintaining a glide path to the FRBM target and emphasises revenue-side consolidation through higher projected gross tax, direct and indirect tax receipts and non tax revenues. It pairs this with higher total and capital expenditure, increased allocations for key social schemes and SC/ST welfare, and reliance on enhanced disinvestment proceeds and non-debt capital receipts to finance part of the budget, alongside proposed stamp duty reform for securities collection through stock exchanges. News - Fri, 01 Feb 2019 15:06:38 +0530 https://www.taxtmi.com/news?id=21026