The Union Budget FY 2020-21 seems to be significantly moderated, given the prevailing extraordinary economic circumstances in India. Consequently, the revenue receipts are expected to grow at just over 9 per cent as compared to 19.2 percent recorded the previous year. While tax revenue will increase by 8.7 per cent (as compared to 14.2 per cent in FY20), the biggest surprise came from the non-tax revenue, which will grow by just 11.4 per cent (as compared to 46.6 per cent in FY20). Deficit financing too, will grow by just over 3.8 per cent as compared to over 18 per cent expansion seen in the previous year with the fiscal deficit coming down to the 3.5 per cent level.
この記事は Dalal Street Investment Journal の February 17, 2020 版に掲載されています。
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この記事は Dalal Street Investment Journal の February 17, 2020 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
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