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On the revenue front, total tax revenue stood at ₹13.9 lakh crore at the end of November 2025, 3.4% lower than in the same period of 2024-25. Non-tax revenue, however, was almost 21% higher during the same period. | Photo Credit: Reuters The Centre’s fiscal deficit at the end of November 2025 stood at ₹9.77…
Image used for representational purposes. | Photo Credit: Getty Images/iStockphoto The Centre’s fiscal deficit increased to 29.9% of the full-year target at the end of July, according to data released by the Controller General of Accounts (CGA) on Friday (August 29, 2025). It was at 17.2% of Budget Estimates (BE) of 2024-25 in the…
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Image used for representative purpose only | Photo Credit: istock.com/Getty Images The Centre’s fiscal deficit at the end of the first five months of the current fiscal touched 27% of the full-year target, government data showed on Monday (September 30, 2024). In absolute terms, the fiscal deficit – the gap between expenditure and revenue –…
Read More “Fiscal deficit in April-August at 27% of full-year target: Govt data” »
Image used for representative purpose only. | Photo Credit: REUTERS The fiscal deficit for the first quarter of the financial year that started in April was ₹1.36 trillion ($16.25 billion), or 8.1% of the estimate for the whole year, government data showed on July 31. Net tax receipts in April-June were ₹5.5 trillion, or 21%…
Read More “India’s fiscal deficit for April-June at 8.1% of 2024/25 target” »