India's fiscal deficit is set to decrease to 4.5% of GDP or lower by fiscal 2026, per the Economic Survey 2023-2024. Finance Minister Nirmala Sitharaman aims for a deficit below 4.5% by 2025-26, with expectations to further reduce it during the upcoming budget presentation on July 23. The survey highlights improved tax collection and higher non-tax revenue aiding deficit reduction. Read The Rest at :
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