Motilal Oswal
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Motilal Oswal
Economy

Expect fiscal deficit at 3.3% of GDP in FY19, says HSBC's Pranjul Bhandari

Updated : January 28, 2019 04:03 PM IST

For FY19, we are working with a shortfall of Rs 1 lakh crore in total indirect tax collection: Chakraborty
For FY20, we are working with a simple assumption that the tax revenue growth projections will be in-line with nominal GDP projections: Chakraborty
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