Union Budget 2026: FY27 fiscal deficit likely to peg at 4.3% of GDP, says ICRA
The government is likely to peg the fiscal deficit at 4.3 per cent of GDP in the next financial year beginning April 2026, while continuing with double-digit growth in capital expenditure, rating agency ICRA said in its pre-Budget expectations on Friday.ICRA said it expects a shortfall of about Rs 1.3 lakh crore in net tax…