https://www.taxtmi.com/news?id=26132 The Economic Survey projects fiscal consolidation along the government's glide path supported by buoyant tax revenues, GST formalisation, and systemic measures against evasion. It prioritises increased capital expenditure-central budgeted rises, incentives and interest free loans to states-to stimulate demand and employment. The Survey details central support to state finances through elevated borrowing ceilings tied to reforms, front loaded transfers and GST compensation financing, and promotes disinvestment and asset monetisation to mobilise non tax receipts. It also notes a moderated debt to GDP ratio and a domestic, fixed rate debt profile that underpins fiscal sustainability. en-us Tue, 31 Jan 2023 14:33:52 +0530 Tue, 31 Jan 2023 14:33:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=26132 The Economic Survey projects fiscal consolidation along the government's glide path supported by buoyant tax revenues, GST formalisation, and systemic measures against evasion. It prioritises increased capital expenditure-central budgeted rises, incentives and interest free loans to states-to stimulate demand and employment. The Survey details central support to state finances through elevated borrowing ceilings tied to reforms, front loaded transfers and GST compensation financing, and promotes disinvestment and asset monetisation to mobilise non tax receipts. It also notes a moderated debt to GDP ratio and a domestic, fixed rate debt profile that underpins fiscal sustainability. News - Tue, 31 Jan 2023 14:33:52 +0530 https://www.taxtmi.com/news?id=26132