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India's April-September fiscal deficit at 42.1% of 2026/27 target
NEW DELHI: India’s fiscal deficit in the months of April to September stood at 7.15 trillion rupees ($75.24 billion), or 42.1% of the target for the financial year ending March, government data showed on Friday. The deficit in the same period last year stood at 5.7 trillion rupees. Net tax receipts for April to September stood at 12.8 trillion rupees, compared with 12.3 trillion rupees a year ago. India has set its fiscal deficit target for the financial year at 4.3% of GDP, or 16.96 trillion rupees. Non-tax revenue was at 4.8 trillion rupees, compared with 4.7 trillion rupees a year ago. Indi...
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