Moody's: India's Fiscal Space Tightens on Tax Cuts
Moody's Ratings flags India's tightening fiscal space as tax cuts pressure revenue, limiting government's ability to support the economy. Read the full analysis.
Category : Search result: fiscal autonomy
ISI Kolkata Protests Draft Bill, Fears Autonomy Loss
Indian Statistical Institute, Kolkata, faculty, staff, and students protest the draft ISI Bill 2025, claiming it threatens the institute's autonomy and affordable education. A rally is planned for Nov 28.
PU Autonomy Crisis Puts Chandigarh's Status at Stake
Former senators warn Punjab University's autonomy move could escalate into constitutional crisis affecting Chandigarh's status. Key stakeholders express grave concerns.
UK Deficit Soars £10B Above Forecast Before Budget
UK's fiscal deficit reaches £116.8 billion, exceeding forecasts by £10 billion as Chancellor Rachel Reeves prepares crucial November 26 budget with potential tax hikes.
CAG Orders Uniform Government Expenditure Classification
India's CAG directs all states to adopt uniform expenditure classification by FY 2027-28, ending decades of inconsistent accounting practices. This reform will enable transparent financial reporting and better fiscal management across states.
GST Revenue to Rebound Strongly in November
India's GST revenue growth is expected to surge to 10% in November, recovering from an October slowdown caused by September's historic tax reforms. The government anticipates sustained buoyancy.
8th Pay Commission: Fiscal Impact Analysis
India's 8th Pay Commission brings 20-25% salary hikes for government employees but raises concerns about fiscal health and widening wage inequality. Learn about the economic implications.
Election Promises Push Indian States to Fiscal Brink
Indian states face severe fiscal strain as election welfare spending surges, with Bihar's schemes costing 4% of GDP. Capital expenditure lags while deficits rise across poll-bound states. Read analysis.
Cash Transforms in India: Inflation & Fiscal Impact
Exploring how Bihar's pre-poll cash handouts affect inflation, welfare outcomes and fiscal management in India. Analysis of conditional transfers vs universal basic income.
Himachal raises Rs 300 cr loan via 15-year securities
Cash-strapped Himachal Pradesh government secures Rs 300 crore loan through RBI auction for development projects as state debt crosses Rs 1 lakh crore mark. Details inside.
Bihar NDA Wins Majority Amid Fiscal Constraints
NDA secures decisive victory in Bihar elections with 200+ seats, but faces fiscal constraints with 60% revenue locked in salaries and pensions. Can promises be delivered?
Meghalaya Cabinet Approves Fiscal Deficit Increase
Meghalaya's cabinet approves key amendments, allowing a fiscal deficit increase to 3.5% of GSDP and new job quotas for casual workers. Discover the full implications for the state's economy.
Jharkhand's 25-Year Journey: From Struggle to Statehood
As Jharkhand celebrates its silver jubilee, explore the century-long struggle for autonomy that shaped India's youngest states. Discover the untold stories of resilience and cultural identity.
Bihar Election Cash Promises Strain State Finances
As Bihar elections approach, political parties flood voters with cash promises despite the state's fragile finances. Analysis reveals unsustainable freebies that could worsen economic conditions.
16th Finance Commission Deadline Extended to Nov 2025
India's 16th Finance Commission gets one-month extension until November 30, 2025. Learn how its tax revenue sharing formula will impact states' development spending until FY31.
Panjab University protests reignite autonomy debate
Student-led protests at Panjab University, joined by farmers, force Centre to withdraw notification. The agitation continues, demanding Senate polls and challenging perceived federal overreach.
India's 2026-27 Capex Target to Stay at 3.1-3.2% of GDP
India's government plans to maintain its capital expenditure target at 3.1-3.2% of GDP for FY27, focusing on quality over quantity to drive fiscal consolidation and economic growth.
Himachal Fiscal Crisis: Public Wants MLA Austerity
Amid Himachal Pradesh's severe financial crunch, citizens expect lawmakers to lead by example with financial prudence. Will MLAs show fiscal responsibility?
FM Meets Economists for FY27 Budget Consultations
Finance Minister Nirmala Sitharaman holds pre-budget consultations with leading economists to shape India's economic roadmap for FY27. Key focus on growth, inflation and fiscal management.
Direct Tax Collection Up 7%, Refunds Down 17.7%
India's net direct tax collection surges 7% to over ₹12.9 trillion for the current fiscal year, while refunds see a significant 17.7% decline. Get the full details on this economic boost.
Milei's Reforms Put Argentina on Path to Recovery
Nouriel Roubini analyzes how Javier Milei's economic reforms have set Argentina on recovery path after years of debt trouble and inflation. Read expert insights.
Ultra-Rare Recessions Store Up Future Economic Trouble
The world economy hasn't seen a synchronized recession in 15 years, but this stability creates financial, fiscal and allocative risks. Learn why rare downturns threaten economic health.
GST Revenue Sharing Formula to Change in 2026
A major shift in how GST revenue is distributed among Indian states is on the horizon. Discover which states stand to gain or lose billions and how this could reshape fiscal federalism.
India's Policy Choices to Define Economic Future: DBS
A groundbreaking DBS Bank analysis reveals India stands at a historic economic crossroads where current policy decisions could unlock unprecedented growth or stall progress for decades to come.
Karnataka HC: Centre has pervasive control over Namma Metro
In a landmark observation, the Karnataka High Court reveals how the Union Government maintains extensive control over Bengaluru's Namma Metro, raising questions about federal autonomy in urban infrastructure projects.
GST Reform & RBI Dividend to Offset Revenue Gap
India's fiscal health gets boost as GST reforms and record RBI dividend expected to compensate for potential revenue gaps. Expert analysis reveals tax collection pressures.
RBI Dividend to Offset GST Revenue Loss: Report
New analysis reveals RBI's increased dividend payout could compensate for potential revenue shortfalls from GST rationalization in the upcoming fiscal year, providing fiscal cushion for government.
Tax Cuts Fuel Consumption Boom: India GDP to Hit 8%
India's economy is poised for explosive growth as strategic tax reductions fuel unprecedented consumer spending. Discover how this fiscal stimulus could propel GDP growth to 8% and transform the economic landscape.
Agentic AI: Beyond ChatGPT to True Autonomy
Discover how next-generation Agentic AI is evolving beyond simple chatbots to demonstrate true autonomy, decision-making capabilities, and the potential to revolutionize how we interact with technology.
UK Economy Faces Tougher Challenges, Says Reeves
British Finance Minister Rachel Reeves reveals the UK economy is in worse condition than anticipated during last year's budget, citing depleted finances and urgent need for growth measures.
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