Government Likely To Let Budget Deficit Rise As Tax Receipts Fall Short

Slipping fiscal discipline would hurt the "credibility" of the budget and in turn hit investment, the bond market and the rupee, analysts say.

Budget 2019 | | Updated: June 21, 2019 11:19 IST
Government Likely To Let Budget Deficit Rise As Tax Receipts Fall Short

Nirmala Sitharaman presents her first budget on July 5, for the fiscal year ending March 2020.