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India’s fiscal outlook poised for a reset: IMF

India's declining debt-to-GDP ratio will create the basis for a lower interest rate regime, says IMF in its fiscal monitor report, and set the stage for a sovereign rating upgrade

3 min read19 Apr 2018

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Budget

The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared

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