Budget for world's fastest-growing major economy: Key numbers to be watched

Budget for world's fastest-growing major economy: Key numbers to be watched https://www.taxtmi.com/news?id=31946 Focus on reducing the fiscal deficit by FY26, presenting a multiyear debt roadmap to lower general government debt to GDP, and maintaining capital spending momentum. Markets will watch FY26 gross borrowing plans alongside projections for tax revenue, GST collections, dividend receipts from the central bank and financial institutions, and proceeds from disinvestment and asset monetisation; the Budget's nominal GDP projection will inform inflation and revenue outlooks and signal expenditure priorities for key schemes and sectors. en-us Thu, 30 Jan 2025 12:46:03 +0530 Thu, 30 Jan 2025 12:46:03 +0530 TaxTMI RSS Generator Budget for world's fastest-growing major economy: Key numbers to be watched https://www.taxtmi.com/news?id=31946 Focus on reducing the fiscal deficit by FY26, presenting a multiyear debt roadmap to lower general government debt to GDP, and maintaining capital spending momentum. Markets will watch FY26 gross borrowing plans alongside projections for tax revenue, GST collections, dividend receipts from the central bank and financial institutions, and proceeds from disinvestment and asset monetisation; the Budget's nominal GDP projection will inform inflation and revenue outlooks and signal expenditure priorities for key schemes and sectors. News - Thu, 30 Jan 2025 12:46:03 +0530 https://www.taxtmi.com/news?id=31946