BackFiscal deficit reaches 61% of budgeted target in June
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30 Jul 2016, 01:16 AM IST
Net tax receipts in the first three months of 2016/17 fiscal year were Rs1573.03 billion
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New Delhi: India’s fiscal deficit during April-June was Rs3263.23 billion ($48.68 billion), or 61.1% of the budgeted target for the fiscal year ending in March 2017, government data showed on Friday.
The deficit was 51.6% during the same period a year ago.
Net tax receipts in the first three months of 2016/17 fiscal year were Rs1573.03 billion. Reuters
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Published: 29 Jul 2016, 04:57 PM IST
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