https://www.taxtmi.com/news?id=71316 GDP growth for the next fiscal year has been revised upward and nominal GDP outlook strengthened, with officials forecasting the economy will cross the four trillion dollar threshold. The upward revision follows a national accounts base-year update to 2022-23 that integrates new data sources and methodological changes to reflect structural shifts, and it alters nominal GDP levels with consequential effects on fiscal-deficit ratios while leaving key fiscal indicators like primary and revenue deficits and capital expenditure ratios broadly unchanged. en-us Fri, 27 Feb 2026 20:16:03 +0530 Fri, 27 Feb 2026 20:16:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=71316 GDP growth for the next fiscal year has been revised upward and nominal GDP outlook strengthened, with officials forecasting the economy will cross the four trillion dollar threshold. The upward revision follows a national accounts base-year update to 2022-23 that integrates new data sources and methodological changes to reflect structural shifts, and it alters nominal GDP levels with consequential effects on fiscal-deficit ratios while leaving key fiscal indicators like primary and revenue deficits and capital expenditure ratios broadly unchanged. News - Fri, 27 Feb 2026 20:16:03 +0530 https://www.taxtmi.com/news?id=71316