India’s April-October fiscal deficit nears 90% of full-year target
The deficit was 84.4% during the comparable period in the previous fiscal year
New Delhi: India’s fiscal deficit was ₹ 4.76 trillion during April-October, or 89.6% of the full-year target, government data showed on Friday.
The deficit was 84.4% during the comparable period in the previous fiscal year.
Net tax receipts were at ₹ 3.69 trillion in the first seven months of the current fiscal year that ends in March 2015.
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