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India continues to remain a bright spot in world economy with robust macro-economic and fiscal parameters;

News and Press Release - Dated:- 1-6-2016 - Together with GDP growth of 7.9% in Q 4 of 2015-16 and 7.6% in the whole of 2015-16 The Provisional Accounts for 2015-16 have been released by the Government today (31.5.2016). Fiscal Deficit in 2015-16 sta .....

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ure of the Central Government. Revenue Deficit which stood at 3.2% of GDP in 2013-14 has improved to 2.9% in 2014-15 and 2.5% in 2015-16. The Capital expenditure has increased substantially to ₹ 2,35,253 crore in 2015-16 which is an increase of .....

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devolution to the States. The Gross tax collection at ₹ 14,56,887 crore has shown 17% growth as compared to Fiscal 2014-15. The Gross tax collection has improved to 10.74% of GDP (tax-GDP ratio) in 2015-16 as compared to 10.06% in 2013-14. The .....

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