https://www.taxtmi.com/news?id=26161 The Budget 2023-24 prioritises a steep expansion of capital expenditure to drive infrastructure-led growth, concentrates outlays in key strategic ministries, and commits to equitable geographic investment. It expands the scheme of financial assistance to the States for capital projects as part of cooperative fiscal federalism and increases devolution under the Fifteenth Finance Commission. Revenue expenditure is projected to rise modestly, dominated by interest payments, subsidies, pensions and transfers to States, with total expenditure up year-on-year. en-us Wed, 01 Feb 2023 13:58:34 +0530 Wed, 01 Feb 2023 13:58:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=26161 The Budget 2023-24 prioritises a steep expansion of capital expenditure to drive infrastructure-led growth, concentrates outlays in key strategic ministries, and commits to equitable geographic investment. It expands the scheme of financial assistance to the States for capital projects as part of cooperative fiscal federalism and increases devolution under the Fifteenth Finance Commission. Revenue expenditure is projected to rise modestly, dominated by interest payments, subsidies, pensions and transfers to States, with total expenditure up year-on-year. News - Wed, 01 Feb 2023 13:58:34 +0530 https://www.taxtmi.com/news?id=26161