The government released its first advance estimates on Tuesday, predicting that India's GDP will grow by 6.4 per cent in the fiscal year 2024–2025. According to the National Statistics Office's (NSO) ...
Real GDP growth eased to a seven-quarter low of 5.4 per cent in July-September -- the second quarter of the current 2024-25 ...
With global conditions remaining uncertain and global trade likely to be fragmented, India may have to continue to rely ...
ISLAMABAD: The National Accounts Committee (NAC) has approved growth rate of 0.92 percent for 1st quarter of fiscal year 2024 ...
The government is committed to pursuing the glide path of fiscal consolidation which aims to lower the fiscal deficit to 4.5 ...
Government aims to improve spending quality, strengthen social security, and reduce fiscal deficit to 4.5% of GDP by FY26.
This approach would help further ... 38.40 lakh crore with an implied tax-GDP ratio of 11.8 per cent. With the above estimates of receipts and expenditures, the fiscal deficit was pegged at ...
This was compared to 6.7 per cent in the preceding quarter. This was primarily because two domestic demand components — ...
In 2025, a key government policy to monitor is tax reform initiatives recently floated by Finance Minister Pichai ...
On the revenue front, Gross Tax Revenue (GTR) was estimated at Rs 38.40 lakh crore for FY25, implying a tax-to-GDP ratio of ...
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