India’s tax revenue is projected to reach a high of 12.0% of GDP in FY2025-26, driven by robust tax buoyancy and economic formalisation. Direct tax collections are expected to surge, fueled by higher corporate profits and increased personal income reporting.…
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Crisil on Thursday forecast India’s gross domestic product (GDP) growth at 6.5 per cent in fiscal 2026, adding that improving domestic consumption is likely to support industrial activity.
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Can India sustain its growth momentum amid global uncertainties in FY26? The RBI Annual Report 2024-25 signals a positive outlook, highlighting strong domestic demand, rising investment, and a resilient services sector driving an expected 6.5% GDP growth in FY26.
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To address the growing concern around dark patterns in digital commerce, the government has directs all e-commerce companies to conduct self-audits to analyse and remove dark patterns in compliance with consumer protection.
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India is expected to be the primary engine of global economic growth in 2025 and 2026, according to a report of the World Economic Forum (WEF), Chief Economists Outlook.
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Election-related restrictions on new projects and delays in ongoing infrastructure development contributed to this contraction in demand. Industry leaders express optimism for future growth, contingent on resolving execution challenges and government support.
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