Economy Finance minister to set realistic nominal GDP target at 9.5-10% Updated : January 20, 2020 06:26 AM IST The Prime Minister's Office (PMO), which is closely associated with the budget has told North Block not to set over-ambitious tax and fiscal deficit targets. Since the nominal GDP figures are likely to be low, the tax collections target could be conservative. Sitharaman will present the budget for 2020-21 on February 1. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.