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Economy

India's April-October fiscal deficit crosses full year target

Updated : November 30, 2018 08:03 PM IST

Net tax receipts in the first seven months of the fiscal year that ends in March 2019 were Rs 6.61 lakh crore, government data showed.
The fiscal deficit or gap between expenditure and revenue was Rs 6.48 lakh crore or 103.9 percent of Budget Estimate (BE) during April-October of the current financial year. At end of October 2017-18, the deficit was 96.1 percent of the BE.
India's April-October fiscal deficit crosses full year target
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