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GST rate cuts slow down Q1 tax collection growth
NEW DELHI: Centre’s fiscal deficit hovered around 18% of the full year’s estimate at the end of the first quarter, despite elevated capex and a slower growth in tax revenue due to the impact of GST rationalisation.
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economictimes.indiatimes.com
Unfazed by West Asia crisis, fiscal deficit within range at 18.2% in Q1
The Centre's fiscal deficit reached 18.2% of the full-year target in the first quarter. Higher spending was offset by stronger net tax collections, analysts noted. Revenue…
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timesofindia.indiatimes.com
GST rate cuts slow down Q1 tax collection growth
NEW DELHI: Centre’s fiscal deficit hovered around 18% of the full year’s estimate at the end of the first quarter, despite elevated capex and a slower growth in tax revenue due to…
