India's fiscal deficit reaches 91.3% of full-year target in September
Illustration photo of an India Rupee note. Photo: Reuters
India reported fiscal deficit of 4.99 trillion rupees ($77.09 billion) for April-September or 91.3% of the budgeted target for the current fiscal year that ends in March 2018.
The deficit was 83.9% of the full-year target during the same period a year ago.
Net tax receipts in the first six months of 2017/18 fiscal year were 5.42 trillion rupees, government data showed on Tuesday. ($1 = 64.7325 Indian rupees)
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
EPFO Pension Schemes: Early pension, retirement pension, nominee pension and 4 other pension schemes that every private sector employee should know
Tata Motors, Muthoot Finance and 3 more: Axis Direct recommends buying these stocks for 2 weeks; check targets, stop losses
Written By: Reuters
Updated: Tue, Oct 31, 2017
04:01 PM IST
04:01 PM IST
New Delhi, Reuters