India’s April-Sept fiscal deficit touches $70.4 billion: Govt data

India’s April-Sept fiscal deficit touches $70.4 billion: Govt data

India’s federal during April-September, the first half of the current fiscal year, stood at 5.27 trillion rupees ($70.4 billion) or 35% of the budgeted target for the whole year, government data showed on Friday.

Net tax receipts were 9.2 trillion rupees while total expenditure was 16.3 trillion rupees, the data showed.

($1 = 74.8860 Indian rupees)


(Reporting by Manoj Kumar, Editing by William Maclean)

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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