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Kretschmer Says Tax Cut Will Fail Without Full Compensation for States and Municipalities

He warned the federal government must pay lost income-tax revenue or the Bundesrat will block the reform, putting local budgets and services at risk.

NEC Approves Development Plan and Macroeconomic Targets, Clearing Path for June 12 Budget

Punjab to Start Monthly Cash Payments to Women From July 1

Pakistan Sets June 10 Budget After Consultations With Business Leaders

India Hits FY26 Deficit Target but Early FY27 Accounts Raise Risk to Next Year's Goal

Japan Announces ¥3 Trillion Extra Budget to Subsidize Energy Costs

Federal Audit Says Transport Ministry’s Shift-to-Rail Plan Falls Far Short

Japan to Consider Extra Budget for Oil Price Relief

Victoria Budget Row Deepens Over Coalition’s 2032 Cash-Surplus Promise

Labor Lines Up Budget Crackdown on Negative Gearing, CGT Discount and Trusts

Chalmers Signals Possible CGT Overhaul as Budget Recast for War-Driven Risks

Keating Denounces Taylor’s Values-Based Migration Plan as Racist

JU Leader Seeks Rethink of Mütterrente Expansion, CSU Denounces Move

Lee Seeks Cross-Party Backing for Fuel Relief Budget, Constitutional Revision

Labor Puts NDIS Overhaul at Center of Budget With Tighter Rules and Eligibility Under Review

South Korea Submits 26.2 Trillion-Won Crisis Budget to Curb Oil Shock

BOK Governor Nominee Plays Down Won Risk, Backs Extra Budget as Oil Shock Bites

Chalmers Flags Tough, Ambitious May Budget as Growth Is Cut and Inflation Risks Climb

Spender Unveils Revenue‑Neutral Tax Plan to Cut Income Tax Rates and Curb Asset Concessions

South Korea Imposes Temporary Fuel Price Cap, Speeds Work on Extra Budget