S&P expects India to stay on its fiscal consolidation path despite tax cuts, projecting 6.7% GDP growth in FY25 and 6.8% in FY26. It sees a fiscal deficit decline as key for a ratings upgrade, despite revenue loss from raising the tax threshold. Read more 👇 https://bigbreakingwire.in/sp-india-stays-on-fiscal-consolidation-path-despite-tax-cuts