revenue receipts

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    State Finances Audit: Odisha Faces Revenue & Debt Concerns

    Bhubaneswar, March 31 – The Comptroller and Auditor General of India (CAG) said on Tuesday that Odisha posted moderate growth in 2024–25 compared to the previous financial year, while cautioning against fiscal stress risks arising from the under-realisation of revenue receipts, low own-tax...
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    Budget Debate: MLA Advocates for Salary Redirection

    Shimla, March 24 It is acceptable to withhold a larger portion of MLAs' salaries rather than cutting the MLA Area Development Fund, said BJP MLA Randhir Sharma while participating in the budget discussion on Tuesday.The current government has incurred more debt in three years than all previous...
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    CM Fadnavis Highlights Maharashtra's Economic Trajectory

    Mumbai, March 11 – Chief Minister Devendra Fadnavis announced on Wednesday that Maharashtra will become the first state to achieve a $1 trillion economy by 2029 and a $5 trillion economy by 2047.He stated that the state's economy is currently worth $660 billion in 2025-26, and it needs to add...
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    Maharashtra's Fiscal Outlook: Rising Debt and Infrastructure Focus

    Mumbai, March 7 Maharashtra's total outstanding debt is projected to reach Rs 11,02,654 crore in the 2026-27 financial year, up from Rs 9,73,989 crore in the revised estimates for 2025-26, according to the state government's 'Budget in Brief', released on Saturday.According to the document...
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    Economic Survey: Maharashtra's Debt to Increase, Remains Within FRBM Limits

    Mumbai, March 7 Maharashtra's outstanding debt is expected to rise by 11.1 per cent in 2025-26, although the overall debt burden will remain within the limits prescribed under fiscal responsibility norms, according to the Economic Survey 2025-26 presented in the state legislature.The survey...
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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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    Karnataka Announces Budget with Rs 8.24 Trillion Liabilities and 2.95% GSDP Deficit

    On Friday, Karnataka Chief Minister Siddaramaiah announced that the state's total liabilities at the end of the 2026–27 fiscal year are estimated at Rs 8,24,389 crore while presenting the State Budget in the Legislative Assembly.The Chief Minister stated that for the financial year 2026–27...
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    State Budget Highlights: Growth, Investment, and Key Sector Performance

    Mumbai, March 5 Maharashtra's economy is expected to grow by 7.9 percent in 2025-26, with per capita income projected to reach ₹3.47 lakh, according to the Economic Survey presented in the state legislature on Thursday ahead of the budget.The agriculture and allied sector is expected to grow...
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    State Economic Survey Highlights Growth and Increasing Debt in Maharashtra

    Mumbai, March 5: Maharashtra's public debt is projected to reach a staggering Rs 9.32 lakh crore in 2025-26, even as the state projects strong economic growth of 7.9 per cent, exceeding the national forecast, according to the pre-budget Economic Survey presented in the Maharashtra Assembly on...
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    State's Fiscal Outlook: Growth, Debt, and Revenue Estimates

    Mumbai, March 5 – Maharashtra's economy is projected to grow by 7.9 per cent in 2025-26, compared to India's growth rate of 7.6 per cent, primarily due to record collections of Goods and Services Tax (GST) and favorable market conditions.Maharashtra continues to be the engine of the country's...
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    Himachal CM Asks for Central Assistance Amid Revenue Deficit Concerns

    Shimla, March 2 Chief Minister Sukhvinder Singh on Monday sought a financial package under special central assistance to cover the revenue deficit for the financial year 2026-27.Sukhu, who met with Union Finance Minister Nirmala Sitharaman in New Delhi, informed her that discontinuing the...
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    Chief Minister Lalduhoma Presents ₹17.5 Billion Budget Focused on Growth

    Aizawl, February 26 – Mizoram Chief Minister Lalduhoma presented a budget of ₹17,469.91 crore for the 2026-27 fiscal year in the Assembly on Thursday, with a strong emphasis on social infrastructure, connectivity, and the agricultural sector.The Chief Minister, who also holds the Finance...
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    New Budget Allocates Funds for Anti-Narcotic Activities in Mizoram

    Mizoram Chief Minister Lalduhoma presented a budget of Rs. 17,469.91 crore for the financial year 2026-2027 in the state Assembly, focusing on improving social infrastructure, connectivity, the agricultural sector, and enhancing anti-drug efforts.The Chief Minister also presented supplementary...
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    Meghalaya Budget Prioritizes Climate, Youth, and Gender Initiatives

    Shillong, February 23 Meghalaya Chief Minister Conrad K Sangma on Monday presented a budget of Rs 32,023 crore for the 2026-27 financial year, projecting a fiscal deficit of around 3.5 per cent of the gross state domestic product.The chief minister, who also holds the finance portfolio, did...
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    Tamil Nadu’s Interim Budget: Focus on Key Schemes Amid Union Government Concerns

    Chennai, February 17 – Tamil Nadu Finance Minister Thangam Thenarasu presented the interim budget (2026-27) of ₹2.55 lakh crore for the state, which will go to polls, allocating ₹4,000 crore for the DMK’s flagship scheme of free bus travel for women.Out of the ₹2,55,391 crore allocated for...
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