Net tax receipts were Rs 4.29 trillion ($64.37 billion)in the first seven months of the fiscal year that ends in March 2016, while total spending touched Rs 10.22 trillion. 
Special 
Net tax receipts were Rs 4.29 trillion ($64.37 billion)in the first seven months of the fiscal year that ends in March 2016, while total spending touched Rs 10.22 trillion. Fiscal deficit reached Rs 4.11 trillion ($61.67 billion) during April-October or 74 per cent of the full-year target, government data showed on Monday.
The deficit was 89.6 per cent of the full-year target during the same period a year ago.
Net tax receipts were Rs 4.29 trillion ($64.37 billion)in the first seven months of the fiscal year that ends in March 2016, while total spending touched Rs 10.22 trillion.
($1 = Rs 66.6500)
(Reuters)
Copyright©2025 Living Media India Limited. For reprint rights: Syndications Today
