articles by Aditi Nayar


Union Budget 2019-20: Revision in tax revenue estimates to influence level of fiscal deficit

GST inflows continue to trail the monthly average required to meet the FY2020 Interim Budget Estimates (IBE)


Budget 2018: Government may peg fiscal deficit above 3.2% of GDP for FY2018-19

Budget 2018 is likely to focus on enhancement of spending rather than a reduction of direct taxes, and therefore, the chances of achieving the fiscal target of 3.2 percent for FY 2017-18 and 3.0 percent for FY 2018-19 appears low


Budget should focus on roads, affordable housing, rail to boost economy

The augmentation of the revenue base is likely to be directed toward infra and social spending; any major reduction in corporate tax rate would be accompanied by lowering of exemptions