Advertisement
trendingNowenglish1828623https://zeenews.india.com/news/india/indias-april-october-fiscal-deficit-touches-74-percent-of-full-year-target_1828623.html

India's April-October fiscal deficit touches 74 percent of full-year target

India`s fiscal deficit reached 4.11 trillion rupees ($61.67 billion) during April-October or 74 percent of the full-year target, government data showed on Monday.

New Delhi: India`s fiscal deficit reached 4.11 trillion rupees ($61.67 billion) during April-October or 74 percent of the full-year target, government data showed on Monday.

The deficit was 89.6 percent of the full-year target during the same period a year ago.

Net tax receipts were 4.29 trillion rupees ($64.37 billion)in the first seven months of the fiscal year that ends in March 2016, while total spending touched 10.22 trillion rupees.

Stay informed on all the latest news, real-time breaking news updates, and follow all the important headlines in india news and world News on Zee News.

NEWS ON ONE CLICK