Free Demo Request

Belt tightening: Jaitley sticks to fiscal prudence

Date 01-Mar-2016
Subject Belt tightening: Jaitley sticks to fiscal prudence

Finance Minister Arun Jaitley chose the path of fiscal prudence by refraining from deferring the fiscal consolidation exercise by one more year even as the tax-GDP ratio is projected to stay unchanged at 10.8 in the current and next financial years.

At the same time, Jaitley also announced a committee to review the Fiscal Responsibility and Budget Management (FRBM) Act to assess whether the targets could be adjusted to the needs of the economy.  

Source: Business-standard.com

High-volume of Loyal
and Trusted Customers!

We feel pride in offering our customers the wide range of products of the top leading brands of the world.

BCG Binani
Godrej
Induslnd Bank
Indian Oil
ITC Limited
Jindal Steel Power
Milton
Paharpur
Philips
Reliance
TATA Chemicals Limited
The Times of India
Wipro
Yamaha
Dalmia Bharat Cement
JCB
Pernod Ricard