Meeting FY26 fiscal targets may be challenging amid weak tax growth: Union Bank of India
New Delhi [India], November 2 (ANI): Achieving the full-year Financial Year 2026 (FY26) fiscal targets appears challenging amid subdued growth in corporate and income tax revenues, according to a report by the Union Bank of India.
The reduced fiscal deficit target for FY26 was premised on strong tax collections, even as the government maintains its strong capital expenditure push to stimulate consumption and job