Economy 2025. As against the total expenditure of rs 48.21 lakh crore, the expenditure in the first half of fiscal 2025 was rs 21.11 lakh crore or about 43.8 per cent of be. The congressional budget office periodically updates its economic forecast to reflect recent economic developments and changes in laws that affect taxes and spending.

In this report, we explore three key questions shaping india’s economic outlook for 2025: This forecast accounts for an expectation of higher import taxes in the u.s.