India's April-January fiscal deficit at 63% of FY26 target

India's April-January fiscal deficit at 63% of FY26 target

India's fiscal deficit in April-January was Rs 9.8 lakh crore or 63% of the estimate for the financial year ending March 31, government data showed on Friday.

Net tax receipts were at Rs 20.94 lakh crore, up from Rs 19 lakh crore collected in the same period a year ago.

Non-tax revenue was at Rs 5.57 lakh crore, compared with Rs 4.7 lakh crore a year ago.

Total government expenditure was at Rs 36.9 lakh crore as compared with Rs 35.7 lakh crore a year earlier.

Capital expenditure, or spending on building physical infrastructure, was at Rs 8.4 lakh crore as against Rs 7.6 lakh crore a year ago.