The government estimates the fiscal deficit to be at ₹7.03 trillion during 2019-20Total expenditure during April-June period stood at ₹7.21 trillion or 25.9% of budget estimate
1 min read31 Jul 2019Net tax receipts in the first eight months of the fiscal were ₹7.32 trillion
1 min read27 Dec 2018April-October fiscal deficit of ₹6,49 trillion was 103.9% of the budgeted target for current fiscal year
1 min read30 Nov 2018Net direct tax collections in the six months ended September were at 38.6% of the budgeted estimate of ₹11.5 trillion for 2018-19
1 min read25 Oct 2018Net tax receipts in the first four months of 2018-19 were ₹2.93 trillion
1 min read31 Aug 2018The government revised fiscal deficit target in February to 3.5% of GDP from 3.2% of GDP for the 2017/18 fiscal year
1 min read31 May 2018India reported fiscal deficit of ₹5.05 trillion for April-July or 92.4% of the budgeted target for the current fiscal year that ends in March 2018
1 min read31 Aug 2017The tax department has issued refunds of Rs61,920 crore so far this fiscal, which is 5.1% less than what was issued in the same period a year ago
1 min read10 Aug 2017The government exhausted 80.8% of the fiscal deficit target of Rs5.5 trillion, while it surpassed the revenue deficit target at 119.1% of the full-year target of Rs3.2 trillion
2 min read1 Aug 2017Arun Jaitley says economic growth likely to be higher in FY18 and demonetisation impact is temporary, which means there's no need for a big stimulus
2 min read2 Feb 2017The 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