https://www.taxtmi.com/news?id=36869 Assam's average annual borrowings rose substantially through 2022-23, while nominal GSDP and per capita income growth are projected to increase in 2024-25 but at slower rates than the prior year. Total revenue receipts for 2024-25 are forecast lower than 2023-24, with a marked rise in the share of central funds. Improved tax and non tax collections coexist with rapidly growing revenue expenditure, a large share of which is absorbed by salary and pension payments, reducing fiscal space for other spending. en-us Mon, 10 Mar 2025 21:46:03 +0530 Mon, 10 Mar 2025 21:46:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=36869 Assam's average annual borrowings rose substantially through 2022-23, while nominal GSDP and per capita income growth are projected to increase in 2024-25 but at slower rates than the prior year. Total revenue receipts for 2024-25 are forecast lower than 2023-24, with a marked rise in the share of central funds. Improved tax and non tax collections coexist with rapidly growing revenue expenditure, a large share of which is absorbed by salary and pension payments, reducing fiscal space for other spending. News - Mon, 10 Mar 2025 21:46:03 +0530 https://www.taxtmi.com/news?id=36869