revenue deficit
No new taxes in Tamil Nadu budget for 2019-20
The government proposed a revenue deficit estimated at around Rs 14,300 crore.
Finance panel not to penalise states over funds’ devolution
The commission members also interacted with leaders of various political parties to elicit their views on devolution of funds.
Govt capex to rise 25 pc to Rs 3.9 lakh crore by FY'20
The tax-GDP ratios are projected to be 11.6 per cent in 2018-19 and 11.9 per cent in 2019-20.
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