capital expenditure

Government Releases Tax Devolution Of Nearly 1.8 lakh Crore To States

The Centre has doubled the tax devolution to states in October to boost capital expenditure, releasing a total of Rs 1.78 trillion in tax devolution, including an advance installment of Rs 89,086.5 crore. This decision aims to support states during the upcoming festive season and enhance their capital spending as...

Fiscal Deficit Gains 33.9% Of Whole Year Target at End July: CGA Data

According to government data released on Monday, the fiscal deficit of the Central government for the initial four months of the 2023-24 fiscal year reached 33.9 percent of the annual target. The data, provided by the Controller General of Accounts (CGA), revealed that the absolute fiscal deficit, which represents the...

Centre stalled Delhi Budget on presentation eve, alleges AAP; MHA hits back

The Centre and the Kejriwal administration in Delhi have been at odds on a number of topics, and the Aam Aadmi Party said on Monday that the Ministry of Home Affairs postponed the government's Budget 2023-24, which was set to be presented tomorrow in the Delhi Assembly. But, officials in...