Fiscal Deficit Retained at 3.9 percent

Last updated: 29 February 2016

Fiscal Deficit Retained at 3.9 percent in RE 2015-16 and at 3.5 percent in BE 2016-17 Adhering to the fiscal targets, the fiscal deficit in RE 2015-16 and BE 2016-17 have been retained at 3.9% and 3.5% of GDP respectively. While presenting the General Budget 2016-17 in Lok Sabha today, the Union Finance Minister Shri Arun Jaitley said that he has weighed the policy options of either in favour of fiscal consolidation and stability or for a less aggressive consolidation and for boosting gro
Daily Limit Reached

You have reached your daily limit of 2 Free News

Subscribe to CCI PRO for unlimited access

Why Upgrade to CCI PRO?
  • No Ads
  • WhatsApp Community
  • Daily E-Newsletter
  • Unlimited News Access
  • Profile Visitors
  • Link Social Profiles
  • Featured Job Posts
  • Pro Badge
  • Expert GST Guidance
  • Unlimited Forum Replies
  • Download Content in PDF
1 Year PLAN
1999
(Excl. of GST ₹359)

2 Years PLAN
3499
(Excl. of GST ₹629)

BEST VALUE
3 Years PLAN
4999
(Excl. of GST ₹899)

View all CCI PRO benefits

Already a PRO member? Login here for an ad-free experience. 07941056694



Guest

News posted by

Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.

View News
Comments :

Recent News :

  1. GSTN Introduces New e-Invoicing Facility for Reverse Charge Transactions: RCMDOM and RCMIMP Explained
  2. SEBI Proposes SME IPO Rules 2026: Rs 3 Crore Average Profit and 500 Allottees Proposed
  3. Net Direct Tax Collections Rise 13.21% to Rs 13.38 Lakh Crore Till 14th Oct 2026
  4. RBI Clarifies Foreign Exchange Risk Reserve Rules for Authorised Dealers
  5. Central Excise Duty Revised to Rs 2.5 and Rs 8.5 Per Litre from 16th October 2026
  6. CBIC Chairman Discusses 57th GST Council Reforms with Trade Associations in Bengaluru
  7. IDBI Bank Privatisation: Fairfax Group Wins 60.72% Stake Acquisition Deal
  8. ICAI Gives Last Opportunity to Submit MEF 2026-27 Application on 15th to 16th October
  9. FM Sitharaman Open to Hearing Views on LTCG Tax Removal Ahead of Budget 2027-28
  10. UPI MDR on Select Merchant Transactions to Be Implemented After Diwali 2026

More »

Popular News




Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Pro Member P.S.Satya narayanaP.S.Satya narayanaPro Member SivakumarSivakumarPro Member Ashif CheenikkalAshif CheenikkalPro Member Prashant KotechaPrashant KotechaPro Member Venkateshwaran EkambaramVenkateshwaran Ekambaram
Subscribe to Pro
Join an elite circle of professionals


Browse by Category



Latest Job Openings

View all
Company
15 October 2026
Senior Accountant

Continental Belting Pvt Ltd

Mumbai

B.Com

View Details
Company
ARTICLESHIP 07 October 2026
Article assistant

S.K.Bajpai & Co.

Noida

B.Com

View Details
Company
12 October 2026
AUDIT , ACCOUNTS AND TAXATION

KDSS

New Delhi

B.Com

View Details
Company
12 October 2026
Finance

I-Genext Consulting Private Limited

New Delhi

CA

View Details
Company
Featured ARTICLESHIP 06 October 2026
Semi Qualified

AJAY SINGH AND CO LLP

Thane

CA Final

View Details
Company
20 September 2026
Semi Qualified CA

Navin & Associates

Mumbai

CA Inter

View Details
Company
08 October 2026
SALES TELECALLER

HIRE NOVA

Lucknow

Graduate (Any)

View Details
Company
08 October 2026
Account Executive

Elite Taxation

New Delhi

CA Foundation

View Details