https://www.taxtmi.com/news?id=21568 The Economic Survey 2018-19 reports that combined Centre-and-State government fiscal consolidation rests on revenue augmentation, expenditure reprioritization and improving the quality of expenditure, with priorities to broaden the direct tax base and stabilize GST. A revised fiscal glide path targets Central Government debt to 40% of GDP by 2024 25 and recorded a 3.4% fiscal deficit in 2018 19 PA. The Survey highlights improved capital spending share, fixed-rate longer maturity public debt, increased transfers to States, and fiscal risks from slowing growth, GST shortfalls and expanded programme financing. en-us Thu, 04 Jul 2019 13:26:14 +0530 Thu, 04 Jul 2019 13:26:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=21568 The Economic Survey 2018-19 reports that combined Centre-and-State government fiscal consolidation rests on revenue augmentation, expenditure reprioritization and improving the quality of expenditure, with priorities to broaden the direct tax base and stabilize GST. A revised fiscal glide path targets Central Government debt to 40% of GDP by 2024 25 and recorded a 3.4% fiscal deficit in 2018 19 PA. The Survey highlights improved capital spending share, fixed-rate longer maturity public debt, increased transfers to States, and fiscal risks from slowing growth, GST shortfalls and expanded programme financing. News - Thu, 04 Jul 2019 13:26:14 +0530 https://www.taxtmi.com/news?id=21568