From The Tribune
Center Owned by The Tribune TrustIndia likely to meet FY27 fiscal deficit target despite spending pressures: Goldman Sachs
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center · 2 outlets
The Centre is likely to meet its fiscal deficit target of 4.3 per cent of GDP for FY27 despite the deficit reaching 42.6 per cent of the full-year estimate in the first six months, as stronger corporate tax collections are helping offset revenue pressures, according to a report by Goldman Sachs…
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right · 1 outlet
Strong corporate tax receipts and controlled subsidy spending are supporting the Centre’s fiscal position, even as energy-related risks persist
RSS excerpt
The Centre is likely to meet its fiscal deficit target of 4.3 per cent of GDP for FY27 despite the deficit reaching 42.6 per cent of the full-year estimate in the first six months, as stronger corporate tax collections are helping offset revenue pressures, according to a report by Goldman Sachs…