Powered by: Motilal Oswal
01-01-1970 12:00 AM | Source: Reuters
India's April-August fiscal deficit near 4.7 trln rupees - media
News By Tags | #248 #689 #139

Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel

NEW DELHI - India's federal fiscal deficit in April-August, the first five months of the fiscal year, stood at 4.68 trillion rupees, or 31.1% of the budgeted target for the whole year, government data showed on Thursday.

Net tax receipts were 6.45 trillion rupees while total expenditure was 12.77 trillion rupees, the data showed.

 

(Reporting by Manoj Kumar and Aftab Ahmed; Editing by Giles Elgood)