Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 150
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 150
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 151
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 151
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 97
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Code Context
            if (Configure::read('debug')) {

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        LATEST NEWS UPDATES | A hand-to-mouth Budget -Puja Mehra    </title>
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-The Hindu

It is inescapable from the arithmetic that revenue expenditures and tax revenues are in need of serious corrections

Finance Minister Nirmala Sitharaman began a new practice in the Union Budget, presented on July 5, when she relegated the numbers, or..."/>
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-The Hindu

It is inescapable from the arithmetic that revenue expenditures and tax revenues are in need of serious corrections

Finance Minister Nirmala Sitharaman began a new practice in the Union Budget, presented on July 5, when she relegated the numbers, or..." />
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                            <div align="justify">-The Hindu<br /><em><br />It is inescapable from the arithmetic that revenue expenditures and tax revenues are in need of serious corrections</em><br /><br />Finance Minister Nirmala Sitharaman began a new practice in the Union Budget, presented on July 5, when she relegated the numbers, or the budgeting, to the fine print, in a break with tradition; they are usually presented as a part of the speech on the floor of the House in Parliament.<br /><br />What are the compulsions that could have made her shy away from stating the numbers as her predecessors have done earlier, no matter how uncomfortable the fiscal position?<br /><em><br />Falling tax revenues</em><br /><br />The Central government&rsquo;s tax revenues for the financial year ending March-end 2019 &mdash; as reported by the Controller General of Accounts (CGA) &mdash; fell short of the Interim Budget&rsquo;s estimates (that the Modi government presented in its first tenure) in February by a whopping 0.9% of GDP.<br /><br />The CGA&rsquo;s figures show that direct tax collections for 2018-19 fell short by Rs.74,774 crore while those of indirect tax collections were by Rs. 93,198 crore.<br /><br />The Budget Speech saved the Modi government the embarrassment of owning up to this shortfall on the floor of the House, although this is not the first time that a government has overestimated tax collections.<br /><br />Ms. Sitharaman has now budgeted for lower tax revenue in the ongoing financial year, 2019-20, than her predecessor, Piyush Goyal had in the Interim Budget.<br /><br />Please <a href="https://www.thehindu.com/opinion/op-ed/a-hand-to-mouth-budget/article28449158.ece?homepage=true" title="https://www.thehindu.com/opinion/op-ed/a-hand-to-mouth-budget/article28449158.ece?homepage=true">click here</a> to read more. <br /></div>                                                           
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    <br><a href="https://www.thehindu.com/opinion/op-ed/a-hand-to-mouth-budget/article28449158.ece?homepage=true" class="re" target="_blank">The Hindu, 16 July, 2019, https://www.thehindu.com/opinion/op-ed/a-hand-to-mouth-budget/article28449158.ece?homepage=true</a><div class="clear"></div>
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-The Hindu

It is inescapable from the arithmetic that revenue expenditures and tax revenues are in need of serious corrections

Finance Minister Nirmala Sitharaman began a new practice in the Union Budget, presented on July 5, when she relegated the numbers, or..."/>
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It is inescapable from the arithmetic that revenue expenditures and tax revenues are in need of serious corrections

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    <h1 class="cat-box-title">A hand-to-mouth Budget -Puja Mehra</h1>
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                            <div align="justify">-The Hindu<br /><em><br />It is inescapable from the arithmetic that revenue expenditures and tax revenues are in need of serious corrections</em><br /><br />Finance Minister Nirmala Sitharaman began a new practice in the Union Budget, presented on July 5, when she relegated the numbers, or the budgeting, to the fine print, in a break with tradition; they are usually presented as a part of the speech on the floor of the House in Parliament.<br /><br />What are the compulsions that could have made her shy away from stating the numbers as her predecessors have done earlier, no matter how uncomfortable the fiscal position?<br /><em><br />Falling tax revenues</em><br /><br />The Central government&rsquo;s tax revenues for the financial year ending March-end 2019 &mdash; as reported by the Controller General of Accounts (CGA) &mdash; fell short of the Interim Budget&rsquo;s estimates (that the Modi government presented in its first tenure) in February by a whopping 0.9% of GDP.<br /><br />The CGA&rsquo;s figures show that direct tax collections for 2018-19 fell short by Rs.74,774 crore while those of indirect tax collections were by Rs. 93,198 crore.<br /><br />The Budget Speech saved the Modi government the embarrassment of owning up to this shortfall on the floor of the House, although this is not the first time that a government has overestimated tax collections.<br /><br />Ms. Sitharaman has now budgeted for lower tax revenue in the ongoing financial year, 2019-20, than her predecessor, Piyush Goyal had in the Interim Budget.<br /><br />Please <a href="https://www.thehindu.com/opinion/op-ed/a-hand-to-mouth-budget/article28449158.ece?homepage=true" title="https://www.thehindu.com/opinion/op-ed/a-hand-to-mouth-budget/article28449158.ece?homepage=true">click here</a> to read more. <br /></div>                                                           
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    <br><a href="https://www.thehindu.com/opinion/op-ed/a-hand-to-mouth-budget/article28449158.ece?homepage=true" class="re" target="_blank">The Hindu, 16 July, 2019, https://www.thehindu.com/opinion/op-ed/a-hand-to-mouth-budget/article28449158.ece?homepage=true</a><div class="clear"></div>
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-The Hindu

It is inescapable from the arithmetic that revenue expenditures and tax revenues are in need of serious corrections

Finance Minister Nirmala Sitharaman began a new practice in the Union Budget, presented on July 5, when she relegated the numbers, or..."/>
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It is inescapable from the arithmetic that revenue expenditures and tax revenues are in need of serious corrections

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    <h1 class="cat-box-title">A hand-to-mouth Budget -Puja Mehra</h1>
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                            <div align="justify">-The Hindu<br /><em><br />It is inescapable from the arithmetic that revenue expenditures and tax revenues are in need of serious corrections</em><br /><br />Finance Minister Nirmala Sitharaman began a new practice in the Union Budget, presented on July 5, when she relegated the numbers, or the budgeting, to the fine print, in a break with tradition; they are usually presented as a part of the speech on the floor of the House in Parliament.<br /><br />What are the compulsions that could have made her shy away from stating the numbers as her predecessors have done earlier, no matter how uncomfortable the fiscal position?<br /><em><br />Falling tax revenues</em><br /><br />The Central government&rsquo;s tax revenues for the financial year ending March-end 2019 &mdash; as reported by the Controller General of Accounts (CGA) &mdash; fell short of the Interim Budget&rsquo;s estimates (that the Modi government presented in its first tenure) in February by a whopping 0.9% of GDP.<br /><br />The CGA&rsquo;s figures show that direct tax collections for 2018-19 fell short by Rs.74,774 crore while those of indirect tax collections were by Rs. 93,198 crore.<br /><br />The Budget Speech saved the Modi government the embarrassment of owning up to this shortfall on the floor of the House, although this is not the first time that a government has overestimated tax collections.<br /><br />Ms. Sitharaman has now budgeted for lower tax revenue in the ongoing financial year, 2019-20, than her predecessor, Piyush Goyal had in the Interim Budget.<br /><br />Please <a href="https://www.thehindu.com/opinion/op-ed/a-hand-to-mouth-budget/article28449158.ece?homepage=true" title="https://www.thehindu.com/opinion/op-ed/a-hand-to-mouth-budget/article28449158.ece?homepage=true">click here</a> to read more. <br /></div>                                                           
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    <br><a href="https://www.thehindu.com/opinion/op-ed/a-hand-to-mouth-budget/article28449158.ece?homepage=true" class="re" target="_blank">The Hindu, 16 July, 2019, https://www.thehindu.com/opinion/op-ed/a-hand-to-mouth-budget/article28449158.ece?homepage=true</a><div class="clear"></div>
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A hand-to-mouth Budget -Puja Mehra

Published on Jul 16, 2019   Modified on Jul 16, 2019

-The Hindu It is inescapable from the arithmetic that revenue expenditures and tax revenues are in need of serious corrections Finance Minister Nirmala Sitharaman began a new practice in the Union Budget, presented on July 5, when she relegated the numbers, or the budgeting, to the fine print, in a break with tradition; they are usually presented as a part of the speech on the floor of the House in Parliament. What are the compulsions that could have made her shy away from stating the numbers as her predecessors have done earlier, no matter how uncomfortable the fiscal position? Falling tax revenues The Central government’s tax revenues for the financial year ending March-end 2019 — as reported by the Controller General of Accounts (CGA) — fell short of the Interim Budget’s estimates (that the Modi government presented in its first tenure) in February by a whopping 0.9% of GDP. The CGA’s figures show that direct tax collections for 2018-19 fell short by Rs.74,774 crore while those of indirect tax collections were by Rs. 93,198 crore. The Budget Speech saved the Modi government the embarrassment of owning up to this shortfall on the floor of the House, although this is not the first time that a government has overestimated tax collections. Ms. Sitharaman has now budgeted for lower tax revenue in the ongoing financial year, 2019-20, than her predecessor, Piyush Goyal had in the Interim Budget. Please click here to read more.

The Hindu, 16 July, 2019, https://www.thehindu.com/opinion/op-ed/a-hand-to-mouth-budget/article28449158.ece?homepage=true

Tagged with: Union Budget Controller General of Accounts Union Budget 2019-20

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