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Highlights: Budget 2015/16

Reuters 

REUTERS - India will meet a "challenging" fiscal deficit target of 4.1 percent of its gross domestic product (GDP) in the year to March 31, Finance Minister Arun Jaitley said on Saturday, when presenting the government's full-year budget.Here are the highlights of Jaitley's budget for the fiscal year that begins on April 1.FISCAL DEFICIT* Fiscal deficit seen at 3.9 pct of GDP in 2015/16* Will meet the challenging fiscal target of 4.1 pct of GDP* Remain committed to meeting medium term fiscal deficit target of 3 pct of GDP* Current account deficit below 1.3 percent of GDP* Jaitley says have to ...

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First Published: Sat, February 28 2015. 12:51 IST
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