The Kerala government is preparing to unveil its revised State Budget in the Legislative Assembly, a key financial exercise that is expected to outline the administration’s updated fiscal strategy for the current financial year. The revised budget comes at a crucial juncture as the state continues to navigate economic challenges while balancing welfare commitments, infrastructure...
The Reserve Bank of India (RBI) has approved a historic surplus transfer of ₹2.87 lakh crore to the Central Government for the financial year 2025–26 (FY26), marking one of the largest dividend payouts in the central bank’s history. The decision is expected to provide a significant boost to the government’s fiscal position amid ongoing budgetary...
The Government of India has introduced a strategic, three-pillar framework for the next phase of Goods and Services Tax (GST) reforms. This proposal aims to streamline the tax structure, enhance ease of compliance, and support sustainable economic growth. It has been submitted to the Group of Ministers (GoM), constituted by the GST Council, for detailed...