India’s FY26 fiscal deficit to range between 4.4-4.6% of GDP, say economists
- Posted on January 13, 2025
- By Business News Today
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India’s FY26 fiscal deficit to range between 4.4-4.6% of GDP, say economists
India is expected to target a fiscal deficit of 4.4-4.6% of GDP for FY26, with projections from Goldman Sachs and Standard Chartered. Direct tax revenues are anticipated to remain strong, while capital expenditure is predicted to see moderate growth. RBI dividends will continue to support fiscal consolidation.