Fiscal deficit touches 59% of full-year target in November

A labourer stands on a truck carrying construction materials in Noida. File | Photo Credit: REUTERS The government’s fiscal deficit at the end of November touched 59% of the full year budget estimate, according to data released by the Controller General of Accounts (CGA) on Friday. In actual terms, the fiscal deficit — the difference […]

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Fiscal deficit touches 32.6% of annual target till August this fiscal: official data

As per the data released by the Controller General of Accounts (CGA), the government’s total receipts, including taxes, stood at ₹8.48 lakh crore or 37.2% of the Budget Estimates (BE) for 2022-23. As per the data released by the Controller General of Accounts (CGA), the government’s total receipts, including taxes, stood at ₹8.48 lakh crore […]

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Fiscal deficit touches 20.5% of annual target in April-July: official data

The Central Government’s fiscal deficit touched 20.5% of the annual target at the end of July 2022-23 against 21.3% a year ago, reflecting improvement in public finance, as per official data released on Wednesday. In actual terms, the fiscal deficit – the difference between expenditure and revenue – was ₹3,40,831 crore during the April-July period […]

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Fiscal deficit touched 21.2% of target in Q1

The Central government’s fiscal deficit touched 21.2% of the annual target in the June quarter as against 18.2% in the year-earlier period, according to official data. The fiscal deficit is the difference between total expenditure and revenue of the government. It indicates the total borrowing that are needed by the government. In actual terms, the […]

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