Tax Revenue eases Pressure on Kerala Govt, State Treasury moves out of Overdraft but Still in Deficit
The recent surge in tax revenue has provided temporary relief for the cash-strapped state government, allowing the state treasury to exit its overdraft status. Prior to this, the treasury had been in overdraft for nearly a week, as per TNIE reports.
By Manu Sharma - On May 17, 2024 7:33 pm - 2 mins read
The recent surge in tax revenue has provided temporary relief for the cash-strapped state government, allowing the state treasury to exit its overdraft status. Prior to this, the treasury had been in overdraft for nearly a week, as per TNIE reports. However, despite this improvement, the treasury still faces a deficit, necessitating continued restrictions on…
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