https://www.taxtmi.com/news?id=69456 The Budget's per-rupee fiscal composition assigns 64 paise to direct and indirect taxes (21 paise income tax, 18 paise corporation tax, 15 paise GST, 6 paise excise, 4 paise customs), 24 paise to borrowings and other liabilities, 10 paise to non-tax revenue including disinvestment, and 2 paise to non-debt capital receipts; expenditure allocates 20 paise to interest, 22 paise to states' share, 11 paise to defence, 17 paise to central sector schemes, 8 paise to centrally-sponsored schemes, 7 paise to Finance Commission transfers, 6 paise to subsidies, 2 paise to pensions, and 7 paise to other expenditures. en-us Sun, 01 Feb 2026 14:46:04 +0530 Sun, 01 Feb 2026 14:46:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=69456 The Budget's per-rupee fiscal composition assigns 64 paise to direct and indirect taxes (21 paise income tax, 18 paise corporation tax, 15 paise GST, 6 paise excise, 4 paise customs), 24 paise to borrowings and other liabilities, 10 paise to non-tax revenue including disinvestment, and 2 paise to non-debt capital receipts; expenditure allocates 20 paise to interest, 22 paise to states' share, 11 paise to defence, 17 paise to central sector schemes, 8 paise to centrally-sponsored schemes, 7 paise to Finance Commission transfers, 6 paise to subsidies, 2 paise to pensions, and 7 paise to other expenditures. News - Sun, 01 Feb 2026 14:46:04 +0530 https://www.taxtmi.com/news?id=69456