The fiscal deficit for FY25 has been pegged at 4.8... ... Budget 2025 Live: No tax on annual income of up to Rs 12 lakh under new regime

The fiscal deficit for FY25 has been pegged at 4.8 per cent of GDP and at 4.4 per cent for FY26, Finance Minister Nirmala Sitharaman said on Saturday. Presenting the Budget 2025-26, she said net market borrowings are estimated at Rs 11.54 lakh crore for next fiscal year.