17-January-2026
Economy News
 
FY'27 Budget likely to peg fiscal deficit at 4.3%: ICRA
17-Jan-2026

The government is likely to peg fiscal deficit at 4.3 per cent of GDP for the next financial year beginning April 2026 and a double-digit growth in capital expenditure, ICRA said in its pre-Budget expectation on Friday. ICRA expects a Rs 1.3 lakh crore shortfall in net tax revenues in the current fiscal and non-tax receipts to surpass the 2025-26 Budget target by Rs 80,000 crore.

News Source:- https://economictimes.indiatimes.com/news/economy/policy/fy27-budget-likely-to-peg-fiscal-deficit-at-4-3-icra/articleshow/126578721.cms
 
 
 

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