April-October Fiscal Deficit Reaches 102.4% Of Budgeted Target

Net tax receipts in the April-October period was Rs 6.83 lakh crore, while total expenditure was Rs 16.55 lakh crore, the data showed.

April-October Fiscal Deficit Reaches 102.4% Of Budgeted Target

Country's fiscal deficit in the first seven months through October stood at Rs 7.2 lakh crore ($100.32 billion), or 102.4 per cent of the budgeted target for the current fiscal year, government data showed on Friday.

Net tax receipts in the April-October period was Rs 6.83 lakh crore, while total expenditure was Rs 16.55 lakh crore, the data showed.

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