India's Apr-Feb fiscal deficit at Rs 5.07 trillion
Updated: Mar 28, 2013 01:48:27pm
New Delhi, Mar 28, (KNN) India's fiscal deficit during the April-February period stood at Rs 5.07 trillion, or 97.4 per cent of the budgeted full fiscal year 2012-13 target, government data showed today.
The deficit was 94.6 per cent of the budgetary target over the same period in the previous fiscal year.
Net tax receipts for April-February were Rs 5.7 trillion while total expenditure was Rs 12.2 trillion.
Last month, the government had projected a fiscal deficit at 5.2 per cent of the gross domestic product (GDP) for the current fiscal year that ends on March 31. (KNN)
The deficit was 94.6 per cent of the budgetary target over the same period in the previous fiscal year.
Net tax receipts for April-February were Rs 5.7 trillion while total expenditure was Rs 12.2 trillion.
Last month, the government had projected a fiscal deficit at 5.2 per cent of the gross domestic product (GDP) for the current fiscal year that ends on March 31. (KNN)
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