Wednesday, November 15, 2023

Interim Budget for FY25 to be realistic: Official

The government had budgeted total expenditure at ₹ 45 lakh crore for FY24, while its tax and non-tax revenue was pegged at ₹26.3 lakh crore. The government is sticking to its budgeted FY24 nominal GDP growth rate (10.8% upon the revised base) for now, he said, indicating that any change in the pace of expansion is unlikely to disrupt the fiscal deficit ratio target.

from Economy-News-Economic Times https://ift.tt/LPYDVry
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