frbm act

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    Himachal Pradesh Records Record Loans, Repayments in FY26

    Shimla, March 24 Facing a severe financial crisis, the Himachal Pradesh government took out loans amounting to Rs 41,173 crore, which is its highest ever, and also repaid loans worth Rs 32,004 crore in the financial year 2025-26, according to the revised budget estimates.A provision of Rs...
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    Niti Aayog Urges States to Strengthen Fiscal Discipline

    New Delhi, March 11 The government think tank, Niti Aayog, urged state governments on Wednesday to adhere to fiscal deficit norms under the FRBM Act through disciplined expenditure management, expanding the GST base, and enhancing their own tax capacity.The Fiscal Responsibility and Budget...
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    Budget 2026-27: Maharashtra Increases Vehicle Taxes, Tightens Crane Vehicle Regulations

    Mumbai, March 6 – Maharashtra Chief Minister Devendra Fadnavis, in the annual budget for 2026–27, presented on Friday in the state Assembly, proposed a series of tax measures aimed at generating additional revenue.He proposed increasing the environmental tax on vehicles in the non-transport...
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    Maharashtra's Fiscal Outlook: Debt Levels and Growth Projections

    Mumbai, March 5 Maharashtra's economy remains the largest in the country, with a nominal Gross State Domestic Product (GSDP) estimated at Rs 46.22 lakh crore in 2024-25, which is expected to reach Rs 51 lakh crore, according to the Economic Survey 2025-26, tabled in the assembly on Thursday...
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    State Finances: Gujarat's Growth, Debt Management, and Development Spending

    Gandhinagar, February 24 – Gujarat has recorded an economic growth rate of 7.4 percent, surpassing the national average of 6.5 percent, according to details released by the state’s Finance Department. The department also outlined the government’s fiscal position and expenditure priorities for...
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