Fiscal Deficit Fy20 News

Politics

Fiscal deficit crosses 77% of budgeted target in first four months of FY20

Net tax receipts in the first four months of the fiscal year were ₹3.39 trillion, while total expenditure was ₹9.47 trillionThe government has set a fiscal deficit target of 3.4% for 2019-20, same as 2018-19

1 min read30 Aug 2019

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Budget

The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared

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