Siddharth Mathur
Siddharth Mathur
activity assuming betting collection corporate despite expects finance improving increase industrial minister optimistic outlook perhaps rolling tax
The finance minister is assuming an optimistic outlook for tax revenues, especially corporate taxes. He expects corporate tax collection to increase a hefty 28.4 percent, despite indications that industrial activity is rolling over. Perhaps he is betting on improving compliance.
achieving announce cent challenge deficit finance fiscal mean minister per pressures quite spending target
The finance minister may announce a deficit target of about 4 per cent of GDP, but spending pressures will mean that achieving such a target will be quite a challenge in fiscal 06/07.
economy hikes pressures salary
Inflationary pressures are not relenting. The economy is doing really well. Salary hikes have been phenomenal.
adjusted continued further given growth higher interest rates remain risks
Given the continued higher growth trajectory, the risks remain that interest rates need to be adjusted further up.
achieving announce challenge deficit finance fiscal mean minister percent pressures quite spending target
The finance minister may announce a deficit target of about 4 percent of GDP, but spending pressures will mean that achieving such a target will be quite a challenge in fiscal 06/07.
trends
Inflationary trends have been curbed to some extent.