New Delhi, Dec. 31 -- India's fiscal deficit from April to November stood at Rs.9.76 trillion or 62.3% of the budget estimate for 2025-26, showed data from the Controller General of Accounts (CGA).

Better-than-expected non-tax revenue collection of Rs.5.16 trillion, or 88.6% of the full-year budget estimate, was achieved in the first eight months of the fiscal year, cushioning the central government's finances. Tax revenue collection stood at Rs.13.9 trillion, or just 49% of the full-year estimate.

While non-tax revenue is higher than the Rs.4.27 trillion, tax revenue is lower than the Rs.14.43 trillion collected in the year-ago period.

In the first eight months of 2024-25, the fiscal deficit stood lower at Rs.8.5 trillion or 52.5% of ...