bullish

India: Surging Tax Revenue Helps Lower PSBR, Ensuring Capex-Led Growth

204 Views28 Feb 2023 06:22
CGST revenue up 30%YoY & income taxes 16%YoY in Apr-Dec'22, enabling 33% boost to public investment for FY24 but still lowering the fiscal deficit. Lower PSBR to boost capex so FY24 RGDP to grow 7.2%
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