<span style="color: #222222;">The fiscal deficit is expected to be at 6.4 per cent of GDP in the financial year 2022-2023. The Economic Survey was presented in both Houses of Parliament on Monday by Finance Minister Nirmala Sitharaman. The Survey highlighted that conservative budget assumptions provided a buffer during global uncertainties. The resilience in the fiscal performance was due to a recovery in economic activity and buoyancy in revenues.<br />''<br />''According to the survey, Gross Tax Revenue registered a year on year growth of 15.5 per cent from April to November last year, and the Net Tax Revenue to the Centre after the assignment to states grew by 7.9 per cent on a year on year basis.</span><br />
News On AIR | January 31, 2023 5:07 PM
Fiscal deficit estimated at 6.4 per cent of GDP in financial year 2022-2023