Taxes and borrowings make up the majority of the revenue while a significant portion of the expenditure is allocated to ...

Among indirect taxes, goods and services tax (GST) will contribute the maximum 18 paise in every rupee of revenue ...

The rupee hit an all-time low on Friday ahead of the Union Budget, making it the worst-performing major Asian currency in Jan.

Hope for the higher dividend has emerged after the RBI has sold dollars heavily in market worth USD 195.568 billion between April and November 2024.

The Union Budget 2024-25, presented by Finance Minister Nirmala Sitharaman, outlines revenue from taxes and borrowings, with ...

MUMBAI: Of every rupee in the government coffers, the biggest pie--of 66 paise-- comes from direct and indirect taxes, ...

The Indian government’s Rs 50.65 lakh crore expenditure in Budget 2025-26 will be primarily funded through tax revenue, ...

Around 24 paise will come from borrowings and other liabilities, 9 paise from non-tax revenue like disinvestment, and 1 paise from non-debt capital receipts, the Budget documents said ...

Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances.

Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances.

The RBI is expected to cut the repo rate by 25bp to 6.25 per cent in the MPC, potentially in a unanimous decision, and take ...