Know your affordability regarding ELSS Tax Savings with this matrix
|
Key Macro-economic Indicators * |
2014-15 |
2015-16 |
|
Inflation (Y-o-Y) in Q4 |
5.3 |
5.8 |
|
Growth rate (%) (in Gross Value Added constant prices) - Agriculture - Industry - Services |
7.5 1.1 5.9 10.6 |
7.9 3.4 6.3 10.1 |
|
Central Government Fiscal Deficit (% of GDP) |
4.1 |
3.9 |
|
Combined Gross Fiscal Deficit (% of GDP) |
6.5 |
6.3 |
|
Private Final Consumption Expenditure (% growth rate) |
12.9 |
13.0 |
|
Gross Saving (% to Gross National Disposable Income) |
30.0 |
31.0 |
|
Gross Fixed Capital Formation (% of GDP) |
28.6 |
29.3 |
|
Bank Credit (% growth rate) |
12.0 |
14.0 |
|
Repo Rate (end-period) |
7.5 |
7.0 |
|
T-Bill 91 days Yield (end-period) |
8.2 |
7.5 |
|
YTM of Central Govt. Securities 10-years (end-period) |
7.8 |
7.3 |
|
Merchandise Exports (% growth rate) |
2.0 |
3.4 |
|
Trade Balance (% of GDP) |
(6.9) |
(6.3) |
|
Current Account Balance (% of GDP) |
(1.2) |
(1.0) |
|
Capital Account Balance (% of GDP) |
3.5 |
2.9 |
*Median of forecasts. Figures in (brackets) are in negative. Source: RBI's 33rd Round of Survey of Professional Forecasters (March 2015).