SEBI Reg. Investment Advisor

Download App
Help Center Subscribe
Money Works 4 Me Logo MoneyWorks4Me
Talk to Advisor
Login Get Free Account
Sign Up

MoneyWorks4Me

Log In Sign Up Schedule Free 15‑min Call
Login Get Free Account
Sign Up
  1. Home
  2. Stock Market News
  3. India’s GDP likely to be upwards of 6.8% in FY26 amid GST rate cut, income tax relief: Nageswaran

India’s GDP likely to be upwards of 6.8% in FY26 amid GST rate cut, income tax relief: Nageswaran

10 Nov 2025 Evaluate

Chief Economic Advisor (CEA) V Anantha Nageswaran has exuded confidence that India’s economic growth would be upwards of 6.8 per cent in the current financial year (FY26) driven by consumption boost provided by GST rate cut and income tax relief. The Economic Survey tabled in parliament in January had projected real economic growth of 6.3-6.8 per cent for FY26. He noted that back in August, we were all concerned about whether we would even go towards the lower end of the 6-7 range. He added ‘Now I think there is a lot of comfort in saying that it would be definitely north of 6.5 and I am more comfortable saying even north of 6.8 but whether I will put a 7 handle in front of it, I will wait for the second quarter numbers to come out before I move even a notch higher’.

India recorded a 7.8 per cent gross domestic product (GDP) growth in the first quarter of the ongoing fiscal year mainly driven by a good showing by the farm sector, and also helped by services like trade, hotel, financial and real estate. The previous highest pace of growth in the country's GDP was recorded at 8.4 per cent during January-March 2024, as per the data. India remains the fastest-growing major economy, as China's GDP growth in the April-June period was 5.2 per cent.

Nageswaran further said the pace of growth would get a boost, if the bilateral trade deal between the US and India is concluded. He said ‘If by some chance, as we are still hoping, there is a resolution on the trade front, then the upward bias will become a mainstream forecast’. On the Bilateral Trade Agreement (BTA) with the US, he said ‘hopefully done soon’ but did not give a specific timeframe. In absence of BTA, the US has imposed a steep tariff of 50 per cent on goods from India that took effect on August 27. The tariffs, among the highest in the world, include a 25 per cent penalty for buying crude oil from Russia.

Register Now to get our Free Newsletter & much more!
2026 ©The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me® is a registered trademark of The Alchemists Ark Pvt. Ltd.

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through: