Tag Archives: India’s fiscal deficit

India’s fiscal deficit touches 83.2% of annual target in April-June quarter: Reports

According to the government data reported by Reuters, India’s fiscal deficit in the three months to end June stood at 6.62 trillion rupees ($88.52 Bn), or 83.2% of the budgeted target for the current fiscal year. Reportedly, the net tax receipts were 1.35 trillion rupees ($18.05 Bn), while total expenditure was 8.16 trillion rupees, the […]

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