https://www.taxtmi.com/news?id=36248 The state budget is framed as a development instrument emphasising substantial capital expenditure and a no-new-taxes stance with selective tax reductions, supported by improved revenue mobilisation and increased income tax filings. Fiscal management is stated to adhere to mandated deficit limits and show lower interest expenditure relative to most states, reflecting efficient debt management and a revenue-surplus position. Complementary reforms-digital transactions, Direct Benefit Transfer, and investment attraction-are cited as mechanisms enhancing transparency and funding for last-mile development. en-us Wed, 05 Mar 2025 18:16:03 +0530 Wed, 05 Mar 2025 18:16:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=36248 The state budget is framed as a development instrument emphasising substantial capital expenditure and a no-new-taxes stance with selective tax reductions, supported by improved revenue mobilisation and increased income tax filings. Fiscal management is stated to adhere to mandated deficit limits and show lower interest expenditure relative to most states, reflecting efficient debt management and a revenue-surplus position. Complementary reforms-digital transactions, Direct Benefit Transfer, and investment attraction-are cited as mechanisms enhancing transparency and funding for last-mile development. News - Wed, 05 Mar 2025 18:16:03 +0530 https://www.taxtmi.com/news?id=36248