The document provides a summary of key fiscal developments in India:
- Revenue receipts were 4% higher in the current fiscal year compared to the previous year, with actual revenue collections at 30.7% of budget estimates for April-August 2019 versus 26.9% for the same period last year.
- Non-tax revenue collections were 23% higher than the previous year, while tax revenue collections were fairly in line with previous year trends.
- Fiscal deficit for April-August 2019 stood at 78.7% of budget targets, significantly lower than 94.7% for the same period in the previous year.
- Both revenue and capital expenditures have been lower than the previous year.
US Economic Outlook - Being Decided - M Capital Group August 2021.pdfpchutichetpong
The U.S. economy is continuing its impressive recovery from the COVID-19 pandemic and not slowing down despite re-occurring bumps. The U.S. savings rate reached its highest ever recorded level at 34% in April 2020 and Americans seem ready to spend. The sectors that had been hurt the most by the pandemic specifically reduced consumer spending, like retail, leisure, hospitality, and travel, are now experiencing massive growth in revenue and job openings.
Could this growth lead to a “Roaring Twenties”? As quickly as the U.S. economy contracted, experiencing a 9.1% drop in economic output relative to the business cycle in Q2 2020, the largest in recorded history, it has rebounded beyond expectations. This surprising growth seems to be fueled by the U.S. government’s aggressive fiscal and monetary policies, and an increase in consumer spending as mobility restrictions are lifted. Unemployment rates between June 2020 and June 2021 decreased by 5.2%, while the demand for labor is increasing, coupled with increasing wages to incentivize Americans to rejoin the labor force. Schools and businesses are expected to fully reopen soon. In parallel, vaccination rates across the country and the world continue to rise, with full vaccination rates of 50% and 14.8% respectively.
However, it is not completely smooth sailing from here. According to M Capital Group, the main risks that threaten the continued growth of the U.S. economy are inflation, unsettled trade relations, and another wave of Covid-19 mutations that could shut down the world again. Have we learned from the past year of COVID-19 and adapted our economy accordingly?
“In order for the U.S. economy to continue growing, whether there is another wave or not, the U.S. needs to focus on diversifying supply chains, supporting business investment, and maintaining consumer spending,” says Grace Feeley, a research analyst at M Capital Group.
While the economic indicators are positive, the risks are coming closer to manifesting and threatening such growth. The new variants spreading throughout the world, Delta, Lambda, and Gamma, are vaccine-resistant and muddy the predictions made about the economy and health of the country. These variants bring back the feeling of uncertainty that has wreaked havoc not only on the stock market but the mindset of people around the world. MCG provides unique insight on how to mitigate these risks to possibly ensure a bright economic future.
USDA Loans in California: A Comprehensive Overview.pptxmarketing367770
USDA Loans in California: A Comprehensive Overview
If you're dreaming of owning a home in California's rural or suburban areas, a USDA loan might be the perfect solution. The U.S. Department of Agriculture (USDA) offers these loans to help low-to-moderate-income individuals and families achieve homeownership.
Key Features of USDA Loans:
Zero Down Payment: USDA loans require no down payment, making homeownership more accessible.
Competitive Interest Rates: These loans often come with lower interest rates compared to conventional loans.
Flexible Credit Requirements: USDA loans have more lenient credit score requirements, helping those with less-than-perfect credit.
Guaranteed Loan Program: The USDA guarantees a portion of the loan, reducing risk for lenders and expanding borrowing options.
Eligibility Criteria:
Location: The property must be located in a USDA-designated rural or suburban area. Many areas in California qualify.
Income Limits: Applicants must meet income guidelines, which vary by region and household size.
Primary Residence: The home must be used as the borrower's primary residence.
Application Process:
Find a USDA-Approved Lender: Not all lenders offer USDA loans, so it's essential to choose one approved by the USDA.
Pre-Qualification: Determine your eligibility and the amount you can borrow.
Property Search: Look for properties in eligible rural or suburban areas.
Loan Application: Submit your application, including financial and personal information.
Processing and Approval: The lender and USDA will review your application. If approved, you can proceed to closing.
USDA loans are an excellent option for those looking to buy a home in California's rural and suburban areas. With no down payment and flexible requirements, these loans make homeownership more attainable for many families. Explore your eligibility today and take the first step toward owning your dream home.
What website can I sell pi coins securely.DOT TECH
Currently there are no website or exchange that allow buying or selling of pi coins..
But you can still easily sell pi coins, by reselling it to exchanges/crypto whales interested in holding thousands of pi coins before the mainnet launch.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and resell to these crypto whales and holders of pi..
This is because pi network is not doing any pre-sale. The only way exchanges can get pi is by buying from miners and pi merchants stands in between the miners and the exchanges.
How can I sell my pi coins?
Selling pi coins is really easy, but first you need to migrate to mainnet wallet before you can do that. I will leave the telegram contact of my personal pi merchant to trade with.
Tele-gram.
@Pi_vendor_247
how to sell pi coins effectively (from 50 - 100k pi)DOT TECH
Anywhere in the world, including Africa, America, and Europe, you can sell Pi Network Coins online and receive cash through online payment options.
Pi has not yet been launched on any exchange because we are currently using the confined Mainnet. The planned launch date for Pi is June 28, 2026.
Reselling to investors who want to hold until the mainnet launch in 2026 is currently the sole way to sell.
Consequently, right now. All you need to do is select the right pi network provider.
Who is a pi merchant?
An individual who buys coins from miners on the pi network and resells them to investors hoping to hang onto them until the mainnet is launched is known as a pi merchant.
debuts.
I'll provide you the Telegram username
@Pi_vendor_247
Yes of course, you can easily start mining pi network coin today and sell to legit pi vendors in the United States.
Here the telegram contact of my personal vendor.
@Pi_vendor_247
#pi network #pi coins #legit #passive income
#US
1. Elemental Economics - Introduction to mining.pdfNeal Brewster
After this first you should: Understand the nature of mining; have an awareness of the industry’s boundaries, corporate structure and size; appreciation the complex motivations and objectives of the industries’ various participants; know how mineral reserves are defined and estimated, and how they evolve over time.
BYD SWOT Analysis and In-Depth Insights 2024.pptxmikemetalprod
Indepth analysis of the BYD 2024
BYD (Build Your Dreams) is a Chinese automaker and battery manufacturer that has snowballed over the past two decades to become a significant player in electric vehicles and global clean energy technology.
This SWOT analysis examines BYD's strengths, weaknesses, opportunities, and threats as it competes in the fast-changing automotive and energy storage industries.
Founded in 1995 and headquartered in Shenzhen, BYD started as a battery company before expanding into automobiles in the early 2000s.
Initially manufacturing gasoline-powered vehicles, BYD focused on plug-in hybrid and fully electric vehicles, leveraging its expertise in battery technology.
Today, BYD is the world’s largest electric vehicle manufacturer, delivering over 1.2 million electric cars globally. The company also produces electric buses, trucks, forklifts, and rail transit.
On the energy side, BYD is a major supplier of rechargeable batteries for cell phones, laptops, electric vehicles, and energy storage systems.
Turin Startup Ecosystem 2024 - Ricerca sulle Startup e il Sistema dell'Innov...Quotidiano Piemontese
Turin Startup Ecosystem 2024
Una ricerca de il Club degli Investitori, in collaborazione con ToTeM Torino Tech Map e con il supporto della ESCP Business School e di Growth Capital
2. 1
Going forward, there is an increased likelihood of lower revenue collections with the
government announcement of corporate tax rate cuts and revenues forgone due to export
promotion measures. This will have an impact on fiscal position of the government. At the
same time the government has assured that capex will proceed as per plans and hence
there will be no compromise here. This means that walking the tightrope will require more
dexterity to ensure that there are no more slippages.
The government shouldgarner more revenues from disinvestments given that now the stock
market is up. In addition, the RBI may have to pay an interim dividend to support resource
mobilization. While the performance so far is satisfactory from now on it will mean careful
budgeting to meet all the revenue targets. There may be rollover of expenses depending on
the extent of deficit slippage that may take place. While, the slippage might be to an extent
of 0.5% of GDP, it would likely be filled through higher borrowing or drawdown of cash
balances or withdrawal from NSSF.
Fiscal deficit i.e. the shortfalls between revenues and expenditure during Apr-Aug’19 stood
at 78.7% of the budgeted target. This was significantly lower than the 94.7% in the
comparable period a year ago. The widening of the fiscal deficit has been on account of
lower inflows of revenues (at Rs 6 lkh crs) and higher expenditure at Rs 11.75 lkh crs (both
intractable and capital expenditure) incurred by the government.
The revenue receipts have been 4% higher in the current fiscal year compared with the last
year. The percentage of actual collections to budget estimates stood at30.7%during Apr-
Aug’19 compared with26.9% in Apr-Aug’19.
Fiscal Position of the Government
Economic Spotlight
1 October 2019
3. 2
The revenue receipts have been 4% higher in the current fiscal year
comparedwith the last year. The percentage of actual collections to budget
estimates stood at 30.7%during Apr-Aug’19 compared with26.9% in Apr-
Aug’19.The increase in revenue collections can be attributed to higher receipts
from the non-tax revenues viz higher dividends.
The non-tax revenue collections for the first 5 months at 63.4% of the
budgeted target have been 23% higher than that in the last year.The tax
revenue collections have been at 24% of the budgeted target have fairly been
in line with the trend of the previous year. Higher receipts via corporation
tax, income tax, CGST, customs wasoffset by lower collections via union excise
duties and service tax.
Disinvestment receipts have been around 12% of the budgeted target during
Apr-Aug 2019, similar to that of previous year. The government has incurred
lower expenditure towards revenue as well as towards asset creation.
In case of revenue expenditure, the percentage ofactual collections to budget
estimates stood at 42.4% lower than the 43.8% in the comparable period last
year and for capex , it stood at 40.3% of the budgeted target compared with
44% in the previous year. Lower expenditure incurred towards roads and
railways has resulted in lower capex.
Nearly 12% of the revenue expenditure is budgeted towards subsidies. 63% of
the allocated amount towards subsidies has been incurred between Apr-
Aug’19; lower than 65% in the comparable period ayear ago.
Key Developments Highlites
Economic Spotlight
1 October 2019
4. 9
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Economic Spotlight