● Fiscal Deficit Likely at 3.5% of GDP; Actual Receipts Lower than Revised Estimates
● Weaker-than-estimated Revenue Receipts, Change in Direct and LTCG Tax Unlikely
● Non-tax Revenue may Increase; Disinvestment Target Could be Increased to Rs. 900B
● Fiscal Stimulus Likely to Remain, as GDP Estimates Weaken Continue reading “Budget 2019 : Key Expectations From FY20 Budget”