From The Times of India
Center Owned by Bennett, Coleman & Co.Centre likely to meet FY27 fiscal deficit target despite despite higher spending: Goldman Sachs
What each side is saying
One outlet's own words from each side of the spectrum. Quoted, not summarised.
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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 government is holding steady to its fiscal deficit target of 4.3% of GDP for FY27, even amidst initial financial strains. Increased corporate tax revenues have buffered recent revenue challenges effectively. To address rising costs, the government is implementing thoughtful changes in its…