Recents in Beach

Govt to use revenue surge to fund welfare drives, not beat fiscal deficit target: Sources

The country is set to exceed its 2020-21 revenue collection target of Rs 15.45 lakh crore ($207.77 billion), the first beat in four years, but a big chunk of the extra cash will go to a rural job programme and to provide free cereals to the poor. The government is also likely to lose Rs 55,000 crore to Rs 60,000 crore in additional revenue after cutting fuel taxes this week to arrest runaway prices.



November 05, 2021 at 03:16PM

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