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India's April-October fiscal deficit exceeds full-year target

Net tax receipts in the April-October period was Rs 6.83 lakh crore, while total expenditure was Rs 16.55 lakh crore, the data showed.

November 29, 2019 / 09:35 PM IST

India's fiscal deficit in the first seven months through October stood at Rs 7.2 lakh crore ($100.32 billion), or 102.4 percent of the budgeted target for the current fiscal year, government data showed on November 29.

Net tax receipts in the April-October period was Rs 6.83 lakh crore, while total expenditure was Rs 16.55 lakh crore, the data showed.
Reuters
first published: Nov 29, 2019 05:02 pm

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