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India is on the path of fiscal prudence as the government has spent around 52.5 per cent of the budget estimate (BE) of its deficit in the first seven months of FY25, says a report by the Union Bank of India.

India's Fiscal impulse improves in November 2024; further pickup likely in rest of FY25: Report

Net direct tax collection, after adjusting refunds, &nbsp;stood at Rs 12.31 lakh crore, 19.55 per cent higher than the net collections for the corresponding period of last year.

Direct tax collection grows 24.58% to Rs 14.71 lakh crore till January 10

The General Budget is an estimate of outflows and inflows that a government will incur during a financial year

Union Budget 2018: Here's a list of frequently used economic, financial terms 

&nbsp;Finance Minister Arun Jaitley in February 2017&nbsp;announced India's Union Budget 2017-18 in Lok Sabha. So far two quarters have completed and the performance of the government's account in this period provides better picture of where India's economy stand.&nbsp;

How does Indian government's fiscal situation look 

Here are 20 key Budget 2017 Glossary terms that you need to know before you watch FM Arun Jaitley's Union Budget speech on Wednesday.&nbsp;

Here are 20 key Budget 2017 terms that you need to know

Tax collection to exceed budget estimates this fiscal: Arun Jaitley

The total realization of Rs 21,432.38 crore, by end-November 2016 through CPSEs’ disinvestment receipts.

Nearly Rs 23,600 raised via disinvestment this year so far, govt says

In the month of November 2016, &nbsp;the fiscal deficit reached at Rs 34,489 crore compared to Rs 72277 crore in the similar month of the previous year, as per data published by Controller General of Accounts.

India's fiscal deficit crossed 85.8% of the budget estimates in November 

Government's direct tax kitty has swelled to Rs 5.57 lakh crore between April 1 and December 19, thereby achieving 65 per cent of budget estimates.

Govt's direct tax kitty swells to Rs 5.57 lakh crore in April-December 2016

Data published by Controller General of Accounts showed that fiscal deficit in October was negative Rs 24,481 crore, compared to Rs 32683 crore a year ago same month. &nbsp;Year-to-date, the fiscal deficit stood at Rs 4,23,507 crore, a rise of 2.81% from Rs 4,11,246 crore in the corresponding period of the previous year.&nbsp;

 India's fiscal deficit reaches 79% of Budget Estimates in October

The panel said, “Liquidity conditions in the economy remained comfortable and in surplus mode during the quarter.”

Government dated securities takes gross borrowings to 56.8% of Budget Estimates

India`s fiscal deficit during April-July was 3.93 trillion rupees ($58.69 billion), or 73.7%&nbsp;of the budgeted target for the fiscal year ending in March 2017, government data showed on Wednesday.

India's fiscal deficit reaches 74% of full-year target in July

During the month of July the total indirect tax collections had increased by 23.4% as it stood at Rs 68,341 crore in July 2016 from Rs 55,388 crore in the same month a year back.

Indirect tax collections registers 30% growth upto July 2016 

Total expenditure of the government during April-May was Rs 2.98 lakh crore or 15.1% of the entire year estimates.&nbsp;

Fiscal deficit reaches 43% of Budget estimates in April-May

budget-estimates

India is on the path of fiscal prudence as the government has spent around 52.5 per cent of the budget estimate (BE) of its deficit in the first seven months of FY25, says a report by the Union Bank of India.

Net direct tax collection, after adjusting refunds,  stood at Rs 12.31 lakh crore, 19.55 per cent higher than the net collections for the corresponding period of last year.

The General Budget is an estimate of outflows and inflows that a government will incur during a financial year

 Finance Minister Arun Jaitley in February 2017 announced India's Union Budget 2017-18 in Lok Sabha. So far two quarters have completed and the performance of the government's account in this period provides better picture of where India's economy stand. 

Here are 20 key Budget 2017 Glossary terms that you need to know before you watch FM Arun Jaitley's Union Budget speech on Wednesday. 

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Budget Estimates

India's Fiscal impulse improves in November 2024; further pickup likely in rest of FY25: Report

Direct tax collection grows 24.58% to Rs 14.71 lakh crore till January 10

Union Budget 2018: Here's a list of frequently used economic, financial terms

How does Indian government's fiscal situation look

Here are 20 key Budget 2017 terms that you need to know

Tax collection to exceed budget estimates this fiscal: Arun Jaitley

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