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NewsMedium-Term Expenditure Framework (MTEF)

Medium-Term Expenditure Framework (MTEF) News

revenue expenditure

10 Aug 2017

Revenue expenditure projected to reduce to about 85% in 2019-20

The proportion of revenue expenditure in the total expenditure which is budgeted to be 85.6 percent in the current fiscal, is projected to be roughly the same in 2018-19 and decrease to 85 percent in 2019-20, according to the Medium-Term Expenditure Framework (MTEF) Statement tabled in the Lok Sabha on Thursday.

10 Aug 2017

Tax-GDP ratio to increase 30 bps for next two fiscals

The tax-GDP ratio will see an increase of 30 basis points (bps) each in 2018-19 and 2019-20 due to the impact of demonetisaion and the roll-out of the Goods and Services Tax (GST), according to the Medium-Term Expenditure Framework (MTEF) Statement tabled in the Lok Sabha on Thursday.

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