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Business News/ Politics / Policy/  India’s April-October fiscal deficit nears 90% of full-year target
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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

Net tax receipts were at `3.69 trillion in the first seven months of the current fiscal year that ends in March 2015. Photo: MintPremium
Net tax receipts were at `3.69 trillion in the first seven months of the current fiscal year that ends in March 2015. Photo: Mint

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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Published: 28 Nov 2014, 02:41 PM IST
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