Search For "fiscal"
Fiscal Deficit target of 4.4% in FY26 is achievable despite GST 2.0 revenu
Updated : 5 months, 2 weeks ago IST
India is likely to meet its fiscal deficit target of 4.4 per cent of GDP in FY26 despite anticipated revenue loss from the implementation of GST 2.0, according to a report by CareEdge Ratings.
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Fitch revises India's GDP outlook for FY26 to 6.9% from 6.5%, but indicate
Updated : 5 months, 2 weeks ago IST
Global rating agency Fitch has revised India's growth outlook for the fiscal year ending March 2026 to 6.9 per cent from its earlier projection of 6.5% in June Global Economic Outlook (GEO).
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Dairy Day Ice Creams Celebrates the Goodness of the New GST Structure
Updated : 5 months, 2 weeks ago IST
Bengaluru (Karnataka) [India], September 9: Dairy Day, one of India's most loved ice cream brands, has welcomed the Government of India's announcement on the revised Goods and Services Tax (GST) structure. The brand believes that this reform is one of the most significant milestones after th
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India Inc revenue to grow 7% this fiscal on GST restructuring, but profit
Updated : 5 months, 2 weeks ago IST
The rating agency stated that the reductions in the Goods and Services (GST) will have a positive impact on consumption, which accounts for 15 per cent of the revenue of corporates.
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Two-wheeler sales volume to grow 5-6% this fiscal after GST cut boost: Cri
Updated : 5 months, 2 weeks ago IST
The reduction in GST rates is forecast to drive a 200 basis points (bps) upshift in two-wheeler demand and a 100 bps increase for PVs, the report added.
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GST rate cuts could push India's FY26 fiscal deficit above target: JM Fina
Updated : 5 months, 2 weeks ago IST
The tax revenue foregone due to GST rate cuts will eventually push India's fiscal deficit above the government's target of 4.4 per cent of GDP in FY26, unless the gap is absorbed by slowing down capital expenditure intensity, according to a report by JM Financial.
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"Will stimulate consumer demand, enhance state revenue efficiency": PHDCCI
Updated : 5 months, 2 weeks ago IST
"The implementation of GST rate rationalisation from September 22 marks a significant milestone in India's tax reforms. By simplifying the structure, these measures will not only stimulate consumer demand but also enhance state revenue efficiency--creating a virtuous cycle of growth, stabili
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Crisil maintains India's FY26 GDP forecast at 6.5%, private consumption to
Updated : 5 months, 2 weeks ago IST
Crisil has maintained India's GDP growth forecast for the current fiscal year, 2025-26, even as it sees downside risks emanating from US tariffs.
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Shrimp exports to fall 15-18% this fiscal as US tariffs push duty above 58
Updated : 5 months, 2 weeks ago IST
India's shrimp export volumes are expected to decline by 15-18 per cent in the current fiscal year following a sharp hike in US tariffs, which will take the total import duty to 58.26 per cent, effective August 27, according to a report by Crisil Ratings.
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Confident we will stick to fiscal deficit target: DEA Secretary
Updated : 5 months, 2 weeks ago IST
Department of Economic Affairs (DEA) Secretary Anuradha Thakur on Saturday expressed confidence that India will meet its fiscal deficit target of 4.4 per cent for 2025-26, despite the first quarter showing a wider deficit than last year.
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Q1 GDP numbers reflect India's resilience, outlook remains positive: Econo
Updated : 5 months, 2 weeks ago IST
Robust Q1 GDP growth underlines the basic resilience and the strengthening of the momentum in the economy, which is anchored in strong macro-economic fundamentals, a senior government official said on Saturday.
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7.8% GDP growth for Q1 FY26 is testament to Indian economy's resilience, w
Updated : 5 months, 2 weeks ago IST
Industry chambers on Friday said that GDP growth of 7.8% for Q1 FY26 is a testament to the Indian economy's resilience, signals strong momentum at the start of the fiscal year and will help boost business sentiments when the country is facing global headwinds
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