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Tuesday, December 31, 2019

Amid shortfall in tax revenue, govt cuts spending for Jan-March quarter

Amid shortfall in tax revenue, govt cuts spending for Jan-March quarter
Limits Q4FY20 expenditure at 25% of the Budget estimate; annual spending may compress to Rs 2.2 lakh crore, against Rs 27.86 lakh crore budgeted

Source: TFE

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