business india s april february fiscal deficit at 85 8 of full year target

India's April-february Fiscal Deficit At 85.8% Of Full-year Target

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India's fiscal deficit for April-February stood at 13.47 trillion rupees, representing 85.8% of the annual estimate. Net tax receipts reached 20.16 trillion rupees, or 78.8% of the annual target. The government revised its fiscal deficit target to 4.8% of GDP for the current financial year.