Results for: Fiscal responsibility

India’s Finance Minister Nirmala Sitharaman is set to present the much-anticipated Budget 2024 on Tuesday, outlining the government’s economic roadmap for the year. Key expectations include income tax relief, supporting economic initiatives, and maintaining fiscal responsibility under the Viksit Bharat 2047 Vision. This article delves into the potential changes in income tax, capital gains tax, and the overall impact on the Indian economy.

The European Parliament has approved new EU fiscal rules, a move met with both support and opposition. The revised rules aim to restore fiscal responsibility after the pandemic, but some fear they may hinder vital green investment. Despite a broad consensus on the need for clearer fiscal rules, concerns remain about their potential impact on public funding and social goals.