fiscal deficit News

India's Direct Tax Revenue Soars by 20%, Reaching Rs 21 Lakh Crore Milestone

India's direct tax collections have surged by 20% to Rs 20.6 lakh crore by January 12, with non-corporate taxes leading the growth. The government remains on track to meet its fisc...

Government Focuses on Enhancing Public Spending Quality Amid Global Economic Challenges

The Finance Ministry emphasizes improving public spending quality and strengthening social security amidst global economic challenges. The government aims to reduce fiscal deficit ...

South Korea's Fiscal Deficit Surges to 75.7 Trillion Won in First Ten Months

South Korea's fiscal deficit has surged to 75.7 trillion won from January to October, raising concerns about the country's fiscal health and economic stability. Despite increases i...