💨 Abstract

The Indian government has set an ambitious fiscal deficit target of 4.4% for the current year, contingent on strong tax collections, disinvestment revenue, and RBI dividends. However, mounting global challenges could pressure tax collections, particularly corporate taxes due to tariff-induced uncertainties and volatile global conditions. Direct tax collections grew by 13.57%

Courtesy: theprint.in

Summarized by Einstein Beta 🤖