https://economictimes.indiatimes.com/markets/stocks/news/union-budget-2023-expect-modest-fiscal-consolidation/articleshow/97396946.cms
We expect the fiscal deficit to consolidate to 5.8% of GDP in FY24. Gross tax revenue growth is likely to moderate ~7% in FY24 (vs. estimated 11% in FY23). While direct tax and GST buoyancy could stay healthy in FY24 and RBI dividend could improve, we could s…
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