New Delhi, Nov. 28 -- India's fiscal deficit for April-October stood at Rs.8.25 trillion, 52.6% of 2025-26 target, showed data released by the Controller General of Accounts (CGA) on Friday.
The figure is higher than the year-ago's Rs.7.51 trillion because of higher capital expenditure and lower net tax revenue.
The central government's fiscal deficit target is 4.4% of the gross domestic product (GDP) for 2025-26, as announced by finance minister Nirmala Sitharaman in the last Union budget, against 4.8% in 2024-25, which was lower than the revised estimates of 4.9%.
In absolute terms, the budgeted fiscal deficit stands at Rs.15.69 trillion for 2025-26.
During the period, net tax revenue stood at Rs.12.74 trillion, or 44.9% of the targ...
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