Tax cuts to boost demand, growth: S&P Global
India is expected to meet its fiscal deficit targets of 4.8% of GDP for this year and 4.4% of GDP in 2025-26, despite revenue losses from income tax breaks and slower economic growth, the rating firm said.
India is expected to meet its fiscal deficit targets of 4.8% of GDP for this year and 4.4% of GDP in 2025-26, despite revenue losses from income tax breaks and slower economic growth, the rating firm said.
