The Economic Research Department of the State Bank of India (SBI) has released a comprehensive research report forecasting the fiscal scenario for the upcoming financial years.
According to the report, the fiscal deficit for the fiscal year 2024-25 is anticipated to be set close to 5.5 per cent of the Gross Domestic Product (GDP), , state bank of india, fiscal deficit, Tax to GDP
SBI report projects fiscal deficit at 5.5 per cent of GDP for FY25; gross tax to GDP ratio reaches 16-year high webindia123.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from webindia123.com Daily Mail and Mail on Sunday newspapers.
The SBI report has estimated that the net market borrowing of the Centre to be approximately Rs 11.7 lakh crore in FY25. - SBI Report Projects Gross Tax-to-GDP Ratio To Reach A 16-Year High: Key Points