Goldman Sachs Expects India To Achieve FY27 Fiscal Deficit Target Of 4.3% Of GDP Despite H1 Deficit Reaching 42.6% Of Annual Estimate

India

What to know

  • New Delhi: 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 pre...S1
  • Strong corporate tax receipts and controlled subsidy spending are supporting the Centre’s fiscal position, even as energy-related risks persistS2
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2h Freepressjournal

Goldman Sachs Expects India To Achieve FY27 Fiscal Deficit Target Of 4.3% Of GDP Despite H1 Deficit Reaching 42.6% Of Annual Estimate

New Delhi: 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…

2h Thehindubusinessline

India likely to meet FY27 fiscal deficit target of 4.3% despite energy price risks

Strong corporate tax receipts and controlled subsidy spending are supporting the Centre’s fiscal position, even as energy-related risks persist

Goldman Sachs Expects India To Achieve FY27 Fiscal Deficit Target Of 4.3% Of GDP Despite H1 Deficit Reaching 42.6% Of Annual Estimate

2 outlets 2 reports

What to know

  • New Delhi: 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 pre...S1
  • Strong corporate tax receipts and controlled subsidy spending are supporting the Centre’s fiscal position, even as energy-related risks persistS2
Timeline · newest first

Sources · 2 citations

S1 Freepressjournal 1 report · EN
S2 ThehindubusinesslineLead 1 report · EN