April-October fiscal deficit exceeds full-year target
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April-October fiscal deficit exceeds full-year target

By Reuters

  • 29 Nov 2019
April-October fiscal deficit exceeds full-year target
Credit: Reuters

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

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

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