articles by Aditi Nayar

Business

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)

Business

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

Business

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