Deficit financing refers to the process of raising funds to cover a shortfall when a country's expenditures exceed its revenues.

Telangana State continues to register impressive performance in the collection of its own tax revenues. Telangana State’s own tax revenue (SOTR) accounted to 88% of its total tax revenue, which is the ...

The goal of universal access to clean drinking water in India is not just a policy objective but an ethical obligation. The ...

The Union Budget, which gets released on February 1, is one of the most important financial events in India. The budget outlines the plan of the government for the upcoming fiscal year. The budget ...

India's Union Budget 1955-56 under Finance Minister C.D. Deshmukh laid the foundation for industrialization and economic ...

The performance of Pennsylvania’s economy has spurred the Independent Fiscal Office to boost its projections for fiscal 2025, but it hasn’t halted warnings that the commonwealth remains on pace to ...

“We had a budget surplus of $14 billion. The economy's been strong since then. The state has 25% more money now than it did (three years ago). Those usually aren't the circumstances where you get a ...

Jim Chalmers has played down the possibility of a surprise third surplus, but flagged possible cost of living measures, as he ...

Gov. Kathy Hochul’s budget presentation included a number of Assembly Minority Conference ideas, but at its core, the plan ...

Canada Soccer says it is expecting a $2.4 million deficit this year, down from $4 million in 2024. The governing body says it ...

A balanced Budget ensures fiscal discipline by preventing reckless spending and maintaining economic stability, though it may ...

Get ready for Budget 2025 with a quick guide to key terms you need to know before FM Nirmala Sitharaman's presentation.