Indian Economy to grow at robust pace; GDP growth expected in the range of 7 to 7.75 per cent in coming year https://www.taxtmi.com/news?id=15849 GDP growth is estimated at 7.6% for 2015-16 with a projected range of 7-7.75% for the coming year; fiscal deficit for 2015-16 is estimated at 3.9% of GDP. Private corporate fixed investment rose from 11.7% to 12.3% of GDP between 2013-14 and 2014-15. Government measures to boost investment include Make in India, Start-up India, opening specified sectors to foreign direct investment and investment-augmenting tax measures; monetary easing included a 125 basis point reduction in the policy repo rate during 2015. en-us Wed, 09 Mar 2016 09:32:10 +0530 Wed, 09 Mar 2016 09:32:10 +0530 TaxTMI RSS Generator Indian Economy to grow at robust pace; GDP growth expected in the range of 7 to 7.75 per cent in coming year https://www.taxtmi.com/news?id=15849 GDP growth is estimated at 7.6% for 2015-16 with a projected range of 7-7.75% for the coming year; fiscal deficit for 2015-16 is estimated at 3.9% of GDP. Private corporate fixed investment rose from 11.7% to 12.3% of GDP between 2013-14 and 2014-15. Government measures to boost investment include Make in India, Start-up India, opening specified sectors to foreign direct investment and investment-augmenting tax measures; monetary easing included a 125 basis point reduction in the policy repo rate during 2015. News - Wed, 09 Mar 2016 09:32:10 +0530 https://www.taxtmi.com/news?id=15849