https://www.taxtmi.com/news?id=22474 The MFS 2020 21 projects GDP growth to rebound from Q1 2020 21 while pursuing fiscal consolidation alongside sustained public investment. It prioritizes creation of capital assets-notably water conservation and sanitation-and contemplates resource mobilization via strategic asset sales. The MFS links recovery to measures such as corporate tax cuts, bank recapitalization, and reforms expected to normalize credit flow, while warning that external geopolitical tensions and oil price shocks and domestic investment shortfalls pose risks. Nominal growth for FY 2020 21 is projected at 10%. en-us Sat, 01 Feb 2020 15:37:20 +0530 Sat, 01 Feb 2020 15:37:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=22474 The MFS 2020 21 projects GDP growth to rebound from Q1 2020 21 while pursuing fiscal consolidation alongside sustained public investment. It prioritizes creation of capital assets-notably water conservation and sanitation-and contemplates resource mobilization via strategic asset sales. The MFS links recovery to measures such as corporate tax cuts, bank recapitalization, and reforms expected to normalize credit flow, while warning that external geopolitical tensions and oil price shocks and domestic investment shortfalls pose risks. Nominal growth for FY 2020 21 is projected at 10%. News - Sat, 01 Feb 2020 15:37:20 +0530 https://www.taxtmi.com/news?id=22474