India's April-June fiscal deficit at 18.2% of 2026/27 target
- Net tax receipts stood at 6.4 trillion Indian rupees, compared with 5.4 trillion Indian rupees a year ago
NEW DELHI: India’s fiscal deficit in April-June stood at 3.1 trillion rupees, or 18.2% of the estimate for the financial year ending March 31, government data showed on Friday.
The deficit in the same period last year stood at 2.8 trillion rupees.
India has set the fiscal deficit target for fiscal 2027 at 4.3% of the GDP, or 16.96 trillion rupees.
Net tax receipts stood at 6.4 trillion rupees, compared with 5.4 trillion rupees a year ago.
Non-tax revenue was at 3.8 trillion rupees, compared with 3.7 trillion rupees a year ago.
India’s 2025/26 fiscal deficit at 4.4%, in line with government estimates
Total government expenditure came to 13.6 trillion rupees, compared with 12.2 trillion rupees a year earlier.
Capital expenditure, or spending on building physical infrastructure, stood at 3.4 trillion rupees against 2.75 trillion rupees a year ago.
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