Fitch raises India#39;s FY20 fiscal deficit forecast to 3.6% of GDP

Fitch said it was revising the fiscal deficit forecast as revenue collection is likely to fall far short of the projections in the FY2019/20 Union Budget due to weak goods and services tax (GST) and corporate income tax collections.

from Moneycontrol Economy News https://www.moneycontrol.com/news/economy/fitch-raises-india39s-fy20-fiscal-deficit-forecast-to-36gdp_13152241.html
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