India’s fiscal deficit stood at Rs 8.25 lakh crore, $92.26 billion in the April to October period. The fiscal deficit was at 52.6 per cent of the estimates for the financial year 2025-26.
As per the government data, the net tax receipts declined to Rs 12.74 lakh crore during April-October, from Rs 13.05 lakh crore collected in the same period a year ago. However, The Non-tax revenue during the period increased to Rs 4.89 lakh crore compared with Rs 4 lakh crore in the corresponding period of the last fiscal year.
Further, the total government expenditure stood at Rs 26.26 lakh crore compared with Rs 24.7 lakh crore last year. The Capital expenditure on infrastructure also increased to Rs 6.18 lakh crore against Rs 4.7 lakh crore a year ago
