India confident of meeting fiscal deficit target, despite planned tax cuts
- Posted on August 17, 2025
- By Business News Today
- 3 Views
India confident of meeting fiscal deficit target, despite planned tax cuts
India remains confident in achieving its fiscal deficit target of 4.4% for the current fiscal year, even with planned consumption tax cuts. Prime Minister Modi announced significant changes to the Goods and Services Tax (GST) regime, aiming to reduce the cost of daily essentials and electronics.
