Explore UPSC Current Affairs articles related to Government Budgeting.
Public Accounts Committee flags Union Finance Ministry's failure to transfer ₹9,222 crore in cess collections to designated funds, citing CAG report.
India's subsidy bill surged 35% to Rs 1,535 billion in 4MFY27, driven by a 46.2% jump in fertilizer subsidies amid West Asia conflict.
India's 7.8% Q1 GDP growth is real, but structural reforms are crucial for achieving Viksit Bharat 2047 ambition.
Japan Credit Rating Agency upgrades India's sovereign rating to 'A-' with stable outlook, citing robust economic growth, fiscal discipline, and strengthened financial system.
India's Q1 GDP surge to 7.8% prompts economists to significantly hike FY27 growth forecasts, surpassing RBI's projections.
India's economy shows surprising resilience with robust GDP growth and contained inflation despite global disruptions, though underlying risks persist.
GST Council convenes after a year on September 12 to address blocked input tax credit and simplify registration framework.
Government achieves 78% of FY27 disinvestment target, raising Rs 55,787 crore from PSU stake sales including LIC and Coal India within five months.
MHA notifies heatwaves and lightning as natural calamities, allowing states full access to disaster funds for mitigation and relief, following FC-XVI recommendations.
Centre's fiscal outlook faces geopolitical and revenue risks from tax reforms and global crises, prompting new cesses and import duties to manage deficits.
Income Tax Department launches FAST-DS, a voluntary disclosure scheme for small taxpayers to declare undisclosed foreign assets with an effective 60% tax.
India collected Rs 10,463 crore in under three months from hiked customs duties on gold, silver, and platinum imports.
Delhi's Lakshmi Yojana sparks debate on fiscal burden of Unconditional Cash Transfers, potentially diverting funds from critical public services like health and education.
Centre's new 60:40 funding rule for rural jobs scheme (VB-GRAM-G) sparks fiscal dilemma and strong opposition from states.
16th Finance Commission's recommendations prioritize efficiency over equity, raising concerns about widening regional disparities and federal balance in India.
Finance Minister tables Taxation Laws (Amendment) Bill 2026 in Lok Sabha, offering tax concessions to attract global capital and boost domestic manufacturing.
Government proposes major tax relief for offshore funds and electronics contract manufacturing, extending exemptions until 2040-41 to attract foreign investment.
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